 At the same conference, the Watauga and Nolichucky settlers negotiated similar purchases for their lands.The Treaty of Sycamore Shoals, sometimes called the "Transylvania Purchase" (after Henderson's Transylvania Company, which had raised money for the endeavor), basically consisted of two parts.The first, known as the "Path Grant Deed", regarded the Transylvania Company's purchase of lands in Southwest Virginia (including parts of what is now West Virginia) and northeastern Tennessee.