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Sam Houston Land Scrip Signed...
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Sold on Mar 14, 2015 for:
$16,250.00
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Description
Republic of Texas Land Scrip
Sam Houston Land Scrip Signed "Sam Houston" as the president of the Republic of Texas and countersigned by Secretary of the Treasury Henry Smith. One partly-printed page, 9.75" x 15.5", Columbia, December 20, 1836. Columbia, Telegraph Print. In part, "Be it known That I, Sam Houston, President of the Republic of Texas, by virtue of the authority vested in me by a joint resolution of both houses of Congress, and passed into a law on the tenth day of December, eighteen hundred and thirty-six, which authorizes and requires me, to issue to Thomas Toby, of New Orleans, Land Scrip, in the amount of five hundred thousand acres as the recognized Agent of this Republic, and in the discharge and fulfillment of obligations attendant thereon. Therefore, I, Sam Houston, President as aforesaid, in compliance with the provisions of the above recited act, do declare that Thomas Toby or his Legal representatives, are entitled to Three hundred and twenty acres of the public domain of Texas. . . ." Three-hundred-and-twenty acres had been the amount of land allocated to single-men settlers. On May 24, 1836, a company formed by New Orleans businessmen Thomas and Samuel Toby, Toby and Brother Company, was made the purchasing agent for the Republic of Texas. Toby and Brother was appointed general agent of Texas on June 10, 1836. The firm was also commissioned to sell 500,000 acres of Texas land at a minimum of fifty cents an acre. The appointment was formally accepted on June 30, 1836, and set up subagents in Louisiana, Baltimore, and New York to sell the land scrip. While serving as agent, the company disposed of 940,761 acres for cash or credit. This Land Scrip is particularly desirable because it was sold to Thomas Toby personally. Remnant of wax seal at lower left touching "H" of "Henry." "X" cut cancellations pass through both signatures, not materially affecting their appearance. The document was folded before the wax cooled resulting in a tear and minor paper loss at the upper left. Light toning. Slight separation at edges of folds and small tear at lower edge. Matted and framed for an overall size of 19.5" x 30.5".Auction Info
2015 March 14 Texana Grand Format Auction - Dallas #6137 (go to Auction Home page)
Auction Dates
March, 2015
14th
Saturday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 1,387
Buyer's Premium per Lot:
25% on the first $100,000 (minimum $14), plus 20% of any amount between $100,000 and $1,000,000, plus 12% of any amount over $1,000,000 per lot.
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