[Republic of Texas]. Sam Houston First Texian Loan Scrip Signed as President of the Republic of Texas. One partially ...
Click the image to load the highest resolution version.
Auction Preview: Preview items may not have yet been properly described or vetted, and items are posted as soon as they have a description or a picture. We are continuing to add and correct information as we approach the auction posting date, so check back here often and Contact us with any comments or suggestions.
Consign your material with Heritage! Although the Consignment Deadline for this auction has passed, we are always accepting quality consignments.
Track Item
Share this lot
Description
[Republic of Texas]. Sam Houston First Texian Loan Scrip Signed as President of the Republic of Texas. One partially printed page, 7 x 12 inches (sight), Houston; June 20, 1838. Handsomely matted and framed alongside an engraving of Houston to an overall size of 22 1/2 x 20 inches.This very scarce scrip, a "Certificate of Title to Six Hundred and Forty Acres of Land," is No. 197 and is countersigned by Treasury Secretary Henry Smith. In part: "That, in consideration of a Loan to the Government of Texas, negotiated by the Commissioners of said Government in New Orleans, on the eleventh day of January, 1836, Thomas D. Carneal, of Cincinnati, Ohio, is entitled to have and to hold, six hundred and forty acres of land of the Public Domain of Texas, according to the terms and conditions of a Contract of Compromise, made and executed on the first day of April 1836, between the Government ad interim of Texas, and the Stockholders in the aforesaid Loan..." The loan authorizes Carneal, as the holder, to select any land owned by the government of the Republic of Texas "...at any time after the first Thursday in August next [1838]..." to be surveyed at his expense. The commissioners who negotiated the loan were Stephen F. Austin, Branch T. Archer, and William H. Wharton.
Other than one certificate issued to James N. Morrison of Maysville, Kentucky, all First Texian Loan certificates known to exist are issued to Thomas D. Carneal and are not mentioned by Streeter or Criswell. Houston's signature and paraph are very bold and clear, with a single cut cancellation passing through a portion of the paraph. A blind embossed seal of Texas, with star in the center, is placed at the left, above the words "By the President."
The last Houston signed First Texian Loan Scrip offered at Heritage sold for $11,352 in 2013.
Condition: Not examined out of frame. A few light creases, with minor mat burn at edges. A touch of ink blotting, not affecting legibility.
Auction Info
2026 February 26 Historical Manuscripts Signature® Auction #6328 (go to Auction Home page)
Bidding Begins Approx.
January
26th
Monday
Auction Dates
February
26th
Thursday
Proxy Bidding Begins Approx.
30 Days
Bids + Registered Phone Bidders: N/A
Lot Tracking Activity: N/A
Page Views: 26
Auction Type
Signature®: Heritage Live®:After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)
Signature® Floor Sessions
Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Signature®: Heritage Live®:After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)
Signature® Floor Sessions
Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Sales Tax information
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms