Description[Thomas Toby]. Republic of Texas Land Scrip Unengrossed Form. Single sheet, 9.75" x 15.5". [Columbia]: Telegraph Print, 1836. At top: "Republic of Texas." "Land Scrip." "No.__". "640 Acres of Land." And reading: "Be it known That I, Sam Houston, President of the Republic of Texas, by virtue of authority vested in me by 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 to the amount of five hundred thousand acres as the recognized Agent of this Republic, and in the discharge and fulfillment of obligations attendant thereon..." With typographical ornamental border; and similar in design to land scrip form printed for payment to William Bryan, offered in this auction as lot 53018. Likely a test printing for the order placed with printers Gail and Thomas Borden. At bottom is a holographic annotation: "Four Hundred Copies, Lancelot Abbott. December 12, 1836. For G. & T.H. Borden."
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. They received their appointment as general agents 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 subagents were established 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. We have previously sold fully executed versions of this document, but for 320 acres of land. This is the first we have seen for 620 acres. On the verso is docketed the invoice for the different quantities ordered.
Condition: Uneven toning with deep folds. Separations and chipping occurring at folds have been archivally reinforced on verso. Few areas of ink burn resulting in bits of paper loss. Previous collector's notes in pencil at top.
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.