The deal offered to the Confederates according to Dr Foster from Alabama 1867. That was how the Toledo Settlement came about. Previously it was called Hatch settlement or "Hatch Colony" by C.A Hatch. The name that still stands is "Cattle Landing."

"The Governor of the Colony, and all the people, everywhere, complimented us with assurances of decided partiality for our Confederate people, to whom the hand of true friendship is now extended in real earnest, to receive us with open arms and warm hearts, The Governor offers all the Crown lands, for actual settlement and occupation, on the following terms : no payment required for the first five years; after that time $1 per acre, annually, for the next five years; but he agrees to appropriate three-fourths of the money for public improvement of the locality for which it was paid. Thus virtually wo get Crown lands for $1 1/4 per acre, on ten years time, without any interest. Most of the balance of the lands are held by the British Honduras Company, and Philip, Toledo & Co.

The British Honduras Company had already agreed to let Mr. Putnam have their lands at fifty cents per acre on five years time, without interest. Mr. Toledo lets us have about 150,000 acres at 37 1/2 cents per acre, on one, two and three years time, without interest. Mr. Mathe lets us have 17,280 acres for $6,000, on one, two and three years, with 6 per cent interest after the first year. These lands are subject to cost of survey and some other expenses. We ask no profit, and have no intention whatever to speculate on our Southern friends."

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