 The deed to Stamford was signed on 1 July 1640 between Captain Turner of the New Haven Colony and Chief Ponus.The land that now forms the city of Stamford was bought for 12 coats, 12 hoes, 12 ratchets, 12 glasses, 12 knives, four kettles, and four fathoms of white wampum.The deed was renegotiated several times until 1700 when the territory was given up by the Native American inhabitants for a more substantial sum of money.