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    Description

    Texas. The Colorado and Red River Land Company Stock Certificate. New York: C.C. Wright & Durand, [1835?]. 10" x 7.5". Partly printed stock certificate number 809, issuing one share to "John Robinson". New York, September 2, 1836. Signed by Empresario J. C. Beales. Also signed by Ebenezer Joseph and S. R. Childs as Trustees, and L. B. Woodruff as secretary. Untitled map of Texas at left indicating both grants belonging to the company as well as "Cameron's Grant", "Austin's Colony", and the "Rio Grande and Texas Land Company". Three subsequent transfers of the share are docketed on the verso. Toning, folds, and show-through from docketing on verso.

    Beales' ambitious plans as an Empresario involved complicated land transfers and speculation that included the Rio Grande and Texas Land Company, the New Arkansas and Texas Land Company, as well as the Colorado and Red River Land Company. Despite the many exchanges of cash and land titles, he was never successful in colonizing, and was often in court defending titles of ownership. Some land transfers involved acreage as large as 4 million acres. He must have amassed great wealth from these schemes if, as reported, the Rio Grande and Texas Land Company paid him as much as $100,000 for a portion of his interests in several grants (from Handbook of Texas Online).

    References:
    Streeter 1159, who indicates color: "Map without title at left of text, indicating in color two grants belonging to the company." The certificate we offer has no evidence of color, but is correct on all other points.


    Auction Info

    Auction Dates
    January, 2009
    24th-25th Saturday-Sunday
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