Large numbers of pioneer settlers began arriving in the Willamette Valley in the 1830s via the Oregon Trail, though life was originally centered in nearby Oregon City. In the early 1840s a new settlement emerged ten miles from the mouth of the Willamette River, roughly halfway between Oregon City and Fort Vancouver. This community was initially referred to as "Stumptown" and "The Clearing" because of the many trees cut down to allow for its growth. In 1843 William Overton saw potential in the new settlement but lacked the funds to file an official land claim. For 25 cents, Overton agreed to share half of the site with Asa Lovejoy of Boston.