Description

    Sam Houston First Texian Loan Scrip Signed "Sam Houston" as President of Texas, one page, 7.75" x 13". Houston, June 20, 1838. Countersigned "Henry Smith" as Secretary of the Treasury. Smith's signature is slightly smudged on the "Sm". There is one diagonally cut cancellation which passes through "Sam" and the paraph but it is practically indiscernible. A blind embossed 1.5" diameter seal of Texas, star in the center, is at the left, above the words "By the President." The document is in very fine condition.

    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..." Carneal could select any land owned by the Government of Texas any time after August 1, 1838. This first loan for the Texian cause was for $250,000 and was subscribed by ten men, one of whom was Carneal; he subscribed for $40,000. The commissioners negotiating the loan were Stephen F. Austin, Branch T. Archer, and William H. Wharton. Only six Scrip certificates are known to exist, and they are all issued to Carneal.


    Fees, Shipping, and Handling Description: Flat Material, Small (view shipping information)

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    June, 2008
    14th Saturday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 951

    Buyer's Premium per Lot:
    19.5% of the successful bid (minimum $9) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2018 August 18 Americana & Political - Dallas.

    Learn about consigning with us

    Heritage has gone above and beyond my expectations in handling all of my transactions in a thoroughly professional manner. I would not hesitate to recommend them to anyone worldwide for the exemplary auction and valuation services they provide.
    Richard H.,
    Corsicana, TX
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 December 10 Arms & Armor, Civil War & Militaria Signature Auction - Dallas
    2017 December 10 Arms & Armor, Civil War & Militaria Signature Auction - Dallas
    REALIZED SO FAR $1,735,744