Indiana Company.

In 1765 a group of Pennsylvania merchants and Indian traders who had suffered financial losses in the French and Indian War and Indian uprisings formed a company to seek a grant of western land as compensation. In 1768 the Six Nations of the Iroquois granted them a tract south of the Ohio River in what is now West Virginia, which they named "Indiana". The company's claim was disputed by rival land companies and the government of Virginia, which also claimed the territory. The legal controversy continued through several changes of government until 1798, when the U.S. Supreme Court ruled in Virginia's favor.