The high-wrought descriptions of the country north west of the Laurel Ridge, which were given by Daniel Boone upon his return to North Carolina after his first long visit to Kentucky, circulated with great rapidity throughout the entire State, exciting the avarice of speculators and inflaming the imaginations of nearly all classes of people. The organization of several companies, for the purpose of pushing adventure in the new regions and acquiring rights to land, was immediately attempted; but that which commenced under the auspices of Colonel Richard Henderson, a gentleman of education and means, soon engaged public attention by the extent and boldness of its scheme, and the energy of its movements; and either frightened from their purpose, or attracted to its own ranks, the principal of those individuals who had at first been active in endeavoring to form other associations. The whole of that vast extent of country lying within the natural boundaries constituted by the Ohio, Kentucky, and Cumberland rivers, was at this time claimed by a portion of the Cherokee Indians, who resided within the limits of North Carolina; and the scheme of Henderson's Company was nothing less than to take possession of this immense territory, under color of a purchase from those Indians, which they intended to make, and the preliminary negotiations for which were opened with the Cherokees, through the agency of Daniel Boone, as soon as the company was fully organized. Boone's mission to the Indians having been attended with complete success, and the result thereof being conveyed to the company, Colonel Henderson at once started for Fort Wataga, on a branch of the Holston River, fully authorized to effect the purchase; and here, on the 17th of March, 1775, he met the Indians in solemn council, delivered them a satisfactory consideration in merchandise, and received a deed signed by their head chiefs. The purchase made, the next important step was to take possession of the territory thus acquired. The proprietors were not slow to do this, but immediately collected a small company of brave and hardy men, which they sent into Kentucky, under the direction of Daniel Boone, to open a road from the Holston to the Kentucky River, and erect a Station at the mouth of Otter Creek upon this latter. After a laborious and hazardous march through the wilderness, during which four men were killed, and five others wounded, by trailing and skulking parties of hostile Indians, Boone and his company reached the banks of the Kentucky on the first of April, and descending this some fifteen miles, encamped upon the spot where Boonesborough now stands. Here the bushes were at once cut down, the ground leveled, the nearest trees felled, the foundations laid for a fort, and the first settlement of Kentucky commenced.