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    Description

    [Peters Colony]. Three Texas Emigration and Land Company Related Documents spanning the years 1853 through 1858. Items include a four and a half page document, 7.75" x 12.5", dated April 28, 1853, certifying that, through a contract dated 1844, Sherman Converse became entitled to one twentieth of all land held by the TELC and one twentieth part of the whole capital stock in the company totally $25,000. Also included are two nearly identical land deeds, measuring 8" x 13.5", both dated June 1, 1858, issued to Sherman Converse. The documents show areas of separation along the folds.

    More Information:

    In 1841, Englishman William S. Peters and twenty English and American investors based in Louisville, Kentucky, were awarded an empresario grant for North Texas in an area that would come to be known as Peters Colony. The contractors were to recruit 200 families from outside of the republic for settlement in the new colony over the course of three years. In addition to land, the settlers would receive seeds for planting, powder and shot, and, at times, habitation. By October 1842, control of the colony was given to Charles Fenton Mercer, Sherman Converse, and Daniel J. Carroll. Converse persuaded those in Louisville to sign over their rights to him and he negotiated a fourth contract in 1843, extending the time limit by five years. The Louisville faction, under the leadership of Louisville businessman, Willis Stewart, believed they had been duped by Converse and reorganized as the Texas Emigration and Land Company a year later. The TELC now claimed sole control of the colony. Mercer and Converse eventually relinquished their rights, but Carroll would not budge. He attempted to sell his "claim" and when the plan failed, he faded into obscurity, presumably having abandoned the effort. Following the expiration of the contract in 1848 and amid protests from settlers, the company was granted 1,700 sections of land from the state (and corresponding certificates of right) for colonists who could establish their claim. The company was given a time period of two and a half years to award the titles; however, it took nearly twenty years to settle all claims.



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    Auction Dates
    March, 2015
    14th Saturday
    Internet/Mail Bids: 6
    Lot Tracking Activity: N/A
    Page Views: 306

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