17692

Galveston Bay & Texas Land Company.

Currency:USD Category:Coins & Paper Money Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
Galveston Bay & Texas Land Company.
<TABLE cellSpacing=0 cellPadding=0 width="100%" bgColor=#000000 border=0><TBODY> <TR><TD width="100%"><TABLE cellSpacing=1 cellPadding=3 width="100%" border=0><TBODY><TR><TD width="100%" bgColor=#79735c><FONT face=arial color=#ffffff size=3><B>Description</B> </FONT></TD></TR><TR><TD width="100%" bgColor=#ffffff><FONT face=arial size=2><B>Galveston Bay & Texas Land Company.</B></I> Certificate for land survey scrip, dated October 16, 1830, in New York City. Apparently the GB&TLC owned 177+ acres in four tracts near Galveston Bay. Empresarios of the venture sought to raise capital for a survey of their holdings by issuing scrip credits for "One Labor." Although the document looks like a conveyance of actual land ownership, a careful reading leads to the conclusion that the scheme was something of a con, since it only entitled the bearer to participate in paying for the land survey of "all the land not settled according to Law" in a district north of Galveston Bay. Just how successful this scheme was is somewhat problematical. This ornate document is impressive. It has a map of the Galveston area west of the Sabine River and east of Navasoto and San Jacinto Rivers, an agricultural vignette of Two Cherubs and additional decorative flourishes. It is signed by the Company's Secretary and three trustees in bold script. The document measures approximately 8" by 13". It is printed on a crisp, thin paper stock. It is folded, but <B>Extremely Fine.</B></I> (800-1,200 ) </FONT></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE><BR><TABLE cellSpacing=0 cellPadding=0 width="100%" bgColor=#000000 border=0><TBODY><TR> Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid.</TR></TBODY></TABLE>