 Although Granville Town was re-founded in 1791 under the auspices of Alexander Falconbridge, this settlement was not the basis for the colony or settlement established by the Company in March, 1792.Both ventures were promoted by the anti-slavery activist Granville Sharp, who published a prospectus for the proposed company in 1790 entitled "Free English Territory in AFRICA".The prospectus made clear its abolitionist view and stated that several respectable gentlemen who had already subscribed had done so "not with a view of any present profit to themselves, but merely, through benevolence and public spirit, to promote a charitable measure, which may hereafter prove of great national importance to the Manufactories, and other Trading Interests of this Kingdom".