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Mississippi, Louisiana and Arkansas Land Co. 1837 I/U Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:325.00 USD Estimated At:500.00 - 800.00 USD
Mississippi, Louisiana and Arkansas Land Co. 1837 I/U Stock Certificate
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The auction will take place on December 7, 2021 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Louisiana. Mississippi. Arkansas. (Issued in New York), 1837. One Share I/U Capital Stock Certificate, S/N 34, Black text. VG to Fine condition with pronounced fold lines and splitting that has been repaired on back, with some glue staining from repair. Issued to Joshua R. Sands, likely Joshua Ratoon Sands (May 13, 1795 - October 2, 1883), who was an officer in the United States Navy who rose to the rank of Rear Admiral. He served in the War of 1812, the Mexican-American War, and the Civil War. Rare and early southern land company established during the 1837 financial panic and depression. The company had a capitalization of $45,000 at $1000 per share. Could use a little loving care but still rare and desirable.