Shortly after William Penn was granted the tract of land known as Pennsylvania by King Charles II in 1680, he began offering 'rights' to a set number of acres for investors. These 'rights' were generally offered in lots of 5,000 acres, but 'rights' for smaller tracts were allowed, the minimum purchase size being 250 acres. The purchaser would receive a warrant in exchange for his money. This warrant provided proof of his right to select a tract of land of specific size, not already claimed, once he arrived in America. Once suitable land was located, the purchaser then applied to the Surveyor...
Shortly after William Penn was granted the tract of land known as Pennsylvania by King Charles II in 1680, he began offering 'rights' to a set number ...