In 1787-May 25, the board passed a resolution creating 10 towns, 5 bordering the St. Lawrence River and 5 to the south of these and appropriate names given to them. The notice in the Albany Gazette, June 7, 1787, announced the sale of Public Vendue at the Coffee House (corner of Water St. and Wall St.) in New York City beginning Thursday, July 10 at 11 o'clock. The names of the townships were established by a formal resolution of the commissoners named for old world cities. 1. Louisville, 2. Stockholm, 3. Potsdam, 4. Madrid, 5. Lisbon, 6. Canton, 7. Dekalb,
8. Oswegatchie, 9. Hague (Morristown), 10. Cambray (Gouverneur). The principal purchaser was Alexander Macomb who had resided many years in Detroit and is said to have been a fur trader. In the course of his business he had often passed up and down the St. Lawrence and thus was acquainted with the general aspect and probable value of the lands and was probably better qualified to engage in these purchases than most of his associates.