The [[Land Ordinance of 1785]] provided for surveying and dividing territories west of the colonies into towns 6 miles square, and selling 640 acre chunks at public auctions for a minimum of $1 per acre. Almost no one wanted to pay so much money in order to obtain much land, so these chunks were often bought and divided by investors, and then sold to farmers. | The [[Land Ordinance of 1785]] provided for surveying and dividing territories west of the colonies into towns 6 miles square, and selling 640 acre chunks at public auctions for a minimum of $1 per acre. Almost no one wanted to pay so much money in order to obtain much land, so these chunks were often bought and divided by investors, and then sold to farmers. |