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Capital Stock Certificate for $100 Portland, Texas...
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Sold on Dec 1, 2007 for:
$1,135.25
Bid Source: Live: Floor bidder
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Description
Capital Stock Certificate for $100 Portland, Texas 1 page, 7.75 x 3.5", Portland, Texas, April 29, 1841. This certificate, which is engraved and not printed, is the earliest example known of engraving done in Texas. The blank for the date on the Streeter certificate is filled out, "29 April." E.E. Este signs the certificate as Secretary, and Nicholas Clopper (1766-1841) as Agent. This certificate represents an interesting scheme promoted by Nicholas Clopper of Cincinnati, his son Joseph C. Clopper, and the latter's wife's brother, Edward Este, for establishing a new town on the Colorado River at the head of the raft. The plan was to connect the new town by a railroad with tidewater on Wilson's Creek, about three miles to the south, "and thence by steam-boats or other craft to Port Austin and Palacios." These two towns were on Matagorda Bay, south of the mouth of the Colorado. Nicholas Clopper acquired lands in Texas in the 1820's, and in 1827 took his three sons to Texas on a visit. Partial separation at folds as well as minor marginal tears and chips, very light and minor dampstain at bottom margin, else very good condition. From the collection of Darrel Brown.Reference: Streeter 450
Auction Info
2007 December Signature Texana Auction #661 (go to Auction Home page)
Auction Dates
December, 2007
1st-3rd
Saturday-Monday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 823
Buyer's Premium per Lot:
19.5% of the successful bid per lot.
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