What was the watauga treaty?

Determined to settle the rich land of Kentucky, Judge Henderson (a wealthy local businessman) organized the Transylvania Company in order to buy land from Native Americans. American pioneer and explorer, Daniel Boone, negotiated the price of land with the Cherokee Indians; their agreement is called the Watauga Treaty signed on March 17, 1775. They paid two thousand pounds of "lawful money of Great Britian" for the area "the waters of the Ohio River from the mouth of the Tennessee River up the said Ohio to the mouth or emptying of the Great Canaway or New River and so across by a Southward line to the Virginia line by a direction that shall strike or hit the Holston River six English miles above or Eastward of the Long Island therein and other lands and territories thereupon adjoining" The Cherokee signing the document were OCONISTOTO, ATTACULLACULLAH and SAVANOOKA, otherwise Coronoh.