Filters:
Group: Holland Land Company
People: Sheikh Mujibur Rahman
Topic: Literature: 1684 to 1828
Location: Dhiban `Amman Jordan

Holland Land Company

Years: 1792 - 1840

The Holland Land Company is an unincorporated syndicate of thirteen Dutch investors[ from Amsterdam[ who in 1792 and 1793 purchase the western two-thirds of the Phelps and Gorham Purchase, an area that afterward is known as the Holland Purchase.

Aliens are forbidden from owning land within the United States, so the investors place their funds in the hands of certain trustees who buy the land in central and western New York State, and western Pennsylvania.

The syndicate hopes to sell the land rapidly at a great profit.

Instead, for many years they are forced to make further investments in their purchase; surveying it, building roads, digging canals, to make it more attractive to settlers.

They sell the last of their land interests in 1840, when the syndicate is dissolved.