per acre, with an agreement for the State to use 50% of the $1 million proceeds purely for drainage and reclamation, and another agreement to establish 5 main canals. Following this, Bolles founded the Florida Fruit Lands Company, becoming the Everglades' first private developer. The Everglades Plantation Company was established in January 1909, following entry into a 2-year contract with the Internal Improvement Fund trustees by Adam A. Boggs (attorney and vice president of the Miami Bank and Trust Company) and A.B. Sanders (engineer and later president of the Miami Engineering and Construction Company) to create a rice plantation in the Everglades. The agreement enabled Boggs & Sanders to rent a significant amount of land around the (then work-in-progress) North New River Canal, and also subsequently purchase the land for between $3 and $15 per acre. It was later discovered that the area leased to Boggs & Sanders already belonged to Dicky Bolles, as part of the 500,000 acres he had purchased; however, the Everglades Plantation Company was able to retain the land, despite Bolles' claims. Sanders led further reclamation efforts for the area, including the digging of 60 miles of ditches. Boggs & Sanders were also granted extensions to their 2-year contract, on the grounds that the land remained under water. In 1911, Bolles held a land lottery (known as the Progresso Land Auction) at $20–24 per acre, granting residential lots in the Town of Progresso (now the area known as Wilton Manors) to anyone purchasing farmland of five acres or more in the drainage land; however, no auction actually took place and the purchased land remained under water. As a result, a lawsuit was brought against Bolles. In 1912, the North New River Canal opened, and the Sewell Lock (also known as Lock No.1), the first lock in Florida, and one of the older remaining structures in Broward County, was built on it, just outside of what is now Plantation. The lock enabled access between the Everglades and Lake Okeechobee by water. The lawsuit against Bolles was settled in November 1913, with Bolles retaining the $1.4 million already received, but prohibiting any further collection until the land was drained and surveyed. Bolles was also arrested in December of that year, but was subsequently found innocent. Drainage of the land largely failed, with most of it reverting to the state for taxes; however, two local farmers, O. L Daniel