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Mirabeau B. Lamar $20 Republic of Texas Note

Currency:USD Category:Collectibles Start Price:400.00 USD Estimated At:300.00 - 500.00 USD
Mirabeau B. Lamar $20 Republic of Texas Note
<B>Mirabeau B. Lamar $20 Engraved Republic of Texas Note Signed</B></I> "<I>Mirabeau B. Lamar</B></I>" as President of the Republic of Texas, 7" x 3", dated January 25, 1840. Countersigned "<I>Jas. H. Starr</B></I>" as Secretary of the Treasury. On December 10, 1838, Sam Houston's Vice President, Mirabeau B. Lamar, succeeded him as the second President of Texas. On May 25, 1839, Pres. Lamar appointed James H. Starr Secretary of the Texas Treasury. The note is engraved "<I>Twelve months after date The Republic of Texas Promises to pay Twenty Dollars to the bearer</B></I>." During Lamar's presidency, a new type of paper money was issued by the Act of January 19, 1839. It provided for promissory notes payable to bearer and without interest. "X" cut cancellations have been repaired on verso with glassine making the mending indiscernible. Fine condition.<BR><BR><b>Shipping:</b> Flat Material, Small (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)