However, the financial crisis of the Panic of 1837 dampened interest in purchasing properties. After selling only 58 out of the 407 plots, the remainder was sold again in 1841. Many of the early Euro-American settlers of Saginaw married Ojibwe women.
Despite the financial crisis during the Panic of 1837, interest in property purchases waned. Only 58 out of 407 plots were sold; the rest were resold in 1841. Many early Euro-American settlers of Saginaw married Ojibwe women.