This association was known as Colonel Richard Henderson's Company, and it was one of the most extraordinary that was engaged at any time in opening up our Western territory.
When the Boones returned from their first visit to Kentucky, it is scarcely necessary to say that they gave glowing descriptions of its wonderful attractiveness for the hunter and settler. These accounts spread over North Carolina and created great excitement, one of the direct results being the formation of Colonel Henderson's Company. The originator was a man of education, wealth and energy, and he displayed such ability and daring in its management, that he frightened off most of his rivals, or led them to enlist under his banner.
At that time the entire country lying within the natural lines formed by the Ohio, Kentucky and Cumberland rivers was claimed by the Cherokee Indians, who lived within the boundaries of North Carolina. Previously, however, Virginia had given an impetus to the exploration and adventure in Kentucky, by presenting to her officers and soldiers Western lands by way of bounties for their services in the British army, in the old war between France and England. It was required that these lands should be surveyed by the claimants, who were also given a large discretion in locating their claims.
The first of these was made upon the Kanawha in the year 1772, and the second was on the south side of the Ohio the following year.
The business having begun it was pressed vigorously forward. Extensive tracts were surveyed on the north fork of the Licking and numerous salt licks, and other especially desirable spots were taken up.
The year 1774 was notable for arrivals in Kentucky of those who were entitled to lands, besides scores of others who went to indulge in speculation, and to secure the most valuable sections before they could be taken by others.
Among those daring explorers and hunters was James Harrod, at the head of a party of Kentuckians from the shores of the Monongahela. They followed the Kentucky River into the interior, and left it at a place afterwards known as "Harrod's Landing." Moving further westward they located themselves in a beautiful and attractive section, where they erected the first log-cabin ever built in Kentucky.
This was near the present town of Harrodsburg, in the spring of 1774, and this place, therefore, may claim to be the oldest settlement in Kentucky. Harrodsburg is now the capital of Mercer county, and is thirty miles south of Frankfort, with a population of about 2,500. It is an attractive summer retreat, and enjoys a fine reputation for its mineral waters.
As we have stated, the most remarkable of the many associations formed for the settlement of Kentucky was that organized by Colonel Richard Henderson of North Carolina.
It was intended to obtain by purchase from the Cherokee Indians their right to the same, and then to take possession of the immense area. As soon as the organization of the company was effected, Daniel Boone was fixed upon to conduct the negotiations with the Cherokees. As might have been anticipated, he met with perfect success, and Colonel Henderson went to Wataga, a small place on the Holston River, where, in solemn council, on the 17th of March, 1775, he delivered to them a consideration in merchandise, for which he received in return a deed to Kentucky, signed by all the leading chiefs.