Morris sold additional land in December 1792 and in February and July 1793 to the Holland Land Company, an unincorporated syndicate formed by Wilheim Willink and thirteen other Dutch bankers. The bankers hired American trustees in the United States to take title to the land, because U.S. law made it illegal for them to own the property directly. Robert Morris prevailed upon the New York Legislature to repeal that ordinance, which it did shortly thereafter, as it was eager to have the lands developed into settlements.