A group of businessmen called the Ann Arbor Land Company had set land aside in the village of Ann Arbor, trying to win a bid for a new state capital. When that did not happen, they offered it for sale to the state for use by the university. A second act passed two days after the Organic Act called for the University to be established in Ann Arbor, and directed the Regents to secure a site. The Board of Regents held its first meeting in Ann Arbor on June 5, 1837. At this meeting they chose 40 acres on the farm of Henry Rumsey as the new site for the university.
