1To George Washington from Clement Biddle, 16 October 1788 (Washington Papers)
...in the mercantile business with Isaac Craig. In 1784, Bayard and Craig partnered with other Philadelphia merchants to carry on a distilling business, but Bayard withdrew from the partnership in 1788, when he founded a town on the Monongahela River, which he named Elizabethtown, after his wife.