Description

    Port Arthur Land Company 10 Shares 1901. This rare certificate was printed in blue ink by Buxton & Skinner Lithograhers of St. Louis. The central vignette is of idyllic pasture land. In 1895 Dutch investors formed the Port Arthur Land Company. They purchased 66,000 acres of land in southeastern Texas and it was offered for sale in Holland at $8 an acre. The land was advertised as a paradise, but most of the favorable land had already been taken. What remained for sale was low lying marsh. This colony made moderate progress until the discovery of oil in 1901 and then fortunes changed. This certificate displays a moisture spot, a few pinholes in the upper left corner, and two 10 cent revenue stamps. Very Fine.


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    Auction Dates
    December, 2007
    1st-3rd Saturday-Monday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
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