Description

    James H. Starr Letter Signed Regarding Stolen Redback Promissory Notes. One page with integral blank, "Treasury Department Office of Commissioner of Revenue", Austin; June 3, 1840. A letter to an unnamed revenue officer regarding procedure in handling potentially forged notes. In part:

    "... it is considered advisable to request all Revenue Officers to cause those from whom bills of these denominations may be received to endorse on each statement of such payments, signed with their own hands,

    The following form if endorsement is recommended by County Treasurers Vis Passed to A____ B._____ (County Treasurer in payment of Licenses (Signed C.____ D_____

    The Bills thus endorsed should not be again put in circulation by being given but in change or otherwise but be retained in the hands of the Treasurer until paid over to the Treasury Department when there genuineness will be tested.
    " Signed, "Jas H. Starr."

    A total of $170,000 in denominations of $5, $10, $20, and $50 unengrossed notes were stolen in Houston, on route to Austin where they were to be numbered and signed into circulation. Musgrove Evans, then serving as second auditor, received the shipment in Galveston; but they were stolen from storage in middle of the night. The Texas economy was already fragile from the overuse of promissory notes, and the prospect of potentially forged notes further destabilized commerce. From the Robert E. Davis Collection.

    Condition: Docketed on the verso, with stray ink stains. Gently toned.


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    Auction Dates
    March, 2017
    24th Friday
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