Rare Galveston Bay & Texas Land Company Labor Scrip
Galveston Bay & Texas Land Company
New York, NY, October 16, 1830
Rare Galveston Bay & Texas Land Company Labor Scrip
Document
An official document issued by the Galveston Bay & Texas Land Company, Scrip No. 5764, issued in New York City on October 16, 1830, the day the real estate firm was founded. The scrip allocated one labor of land (the equivalent of approximately 177 acres) to Anthony Dey. Partly printed and partly handwritten on fine, onion-skin paper with deckled edges. Signed by the company's trustees and attorneys: Anthony Dey (1776-1859), lawyer and president of Galveston Bay & Texas Land Company; lawyer and historian William H. Sumner (1780-1861); lawyer and historian George W. Curtis (1812-1894); and company secretary W.M. Wilson. Endorsed by land recipient Anthony Dey verso. With a borderless map of eastern Texas along the lower margin, showing the Gulf of Mexico and containing shaded areas of the company's landholdings. Light expected wear including folds. Isolated edge darkening and wear, some paper loss on edges, else near fine. 8.125" x 12.5".
The Galveston Bay & Texas Land Company (GB & TLC) was established in October 1830 to promote colonization in territory corresponding to East Texas, east of the San Jacinto River, and north of Nacogdoches. The land was owned by three influential empresarios: Mexican political activist Lorenzo de Zavala (1788-1836), Texan politician David G. Burnet (1788-1870), and Joseph Vehlein, a German merchant from Mexico City. Actual land ownership was not transferable, since land was owned by the trio, but GB & TLC sold scrip to individuals, companies, or as shares to subscribers, permitting settlers to occupy the land. During this time, Texan colonization was a hot-button issue. GB & TLC encountered numerous legal difficulties in gaining access to the land. After GB & TLC land sales were officially closed by the Texas provisional government in 1835, suits were filed on behalf of the company; litigation dragged on until 1848. Yet by 1849, the number of GB & TLC stockholders was increasing, the company was profitable, and settlement continued.
This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.
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Galveston Bay & Texas Land Company
New York, NY, October 16, 1830
Rare Galveston Bay & Texas Land Company Labor Scrip
Document
An official document issued by the Galveston Bay & Texas Land Company, Scrip No. 5764, issued in New York City on October 16, 1830, the day the real estate firm was founded. The scrip allocated one labor of land (the equivalent of approximately 177 acres) to Anthony Dey. Partly printed and partly handwritten on fine, onion-skin paper with deckled edges. Signed by the company's trustees and attorneys: Anthony Dey (1776-1859), lawyer and president of Galveston Bay & Texas Land Company; lawyer and historian William H. Sumner (1780-1861); lawyer and historian George W. Curtis (1812-1894); and company secretary W.M. Wilson. Endorsed by land recipient Anthony Dey verso. With a borderless map of eastern Texas along the lower margin, showing the Gulf of Mexico and containing shaded areas of the company's landholdings. Light expected wear including folds. Isolated edge darkening and wear, some paper loss on edges, else near fine. 8.125" x 12.5".
The Galveston Bay & Texas Land Company (GB & TLC) was established in October 1830 to promote colonization in territory corresponding to East Texas, east of the San Jacinto River, and north of Nacogdoches. The land was owned by three influential empresarios: Mexican political activist Lorenzo de Zavala (1788-1836), Texan politician David G. Burnet (1788-1870), and Joseph Vehlein, a German merchant from Mexico City. Actual land ownership was not transferable, since land was owned by the trio, but GB & TLC sold scrip to individuals, companies, or as shares to subscribers, permitting settlers to occupy the land. During this time, Texan colonization was a hot-button issue. GB & TLC encountered numerous legal difficulties in gaining access to the land. After GB & TLC land sales were officially closed by the Texas provisional government in 1835, suits were filed on behalf of the company; litigation dragged on until 1848. Yet by 1849, the number of GB & TLC stockholders was increasing, the company was profitable, and settlement continued.
This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.
WE PROVIDE IN-HOUSE SHIPPING WORLDWIDE!
Estimate
Reserve
Time, Location
Auction House
