LOT Old Heritage Auctions  /  2007 December Signature Texana Auction #661  / 

56146

William Christy First Texian Loan Contract

Currency:USD Category:Collectibles Start Price:1,750.00 USD Estimated At:3,000.00 - 4,500.00 USD
William Christy First Texian Loan Contract
<B>First Texian Loan Contract Signed</B></I> <BR> "<I>Wm Christy/Not Pub</B></I>," two pages, tall folio, front and verso. New-Orleans, January 12, 1836. Agreement for a $200,000 eight percent loan, New-Orleans, Jan. 11, 1836, signed in type "<I>S.F. Austin</B></I>," "<I>B.T. Archer</B></I>," and "<I>Wm. H. Wharton</B></I>," "<I>Citizens of Texas, and herein acting in their capacity as Agents of the People thereof, by virtue of a commission issued to them by Henry Smith, Governor of Texas</B></I>" and also in type by "<I>Th. D. Carneal</B></I>," "<I>J.F. Irwin</B></I>," "<I>Paul Anderson</B></I>," "<I>Jas. N. Morrison</B></I>," "<I>W.F. Gray</B></I>," "<I>L. Whiteman</B></I>," "<I>Alfred Penn</B></I>," "<I>Robert Triplett</B></I>," "<I>Geo. Hancock,</B></I>" and "<I>James M. McCulloch & Co. by James S. Brander</B></I>" who "<I>have contracted and agreed, and by these presents do severally, but not jointly, contract and agree to make a Loan to the People or Government of Texas, to the amount of two hundred thousand dollars, in the following portions...</B></I>" The amount each has agreed to lend Texas is specified. In New Orleans, merchant <B>William Christy</B></I> was instrumental in helping Texas Commissioners Stephen F. Austin, Branch T. Archer, and William H. Wharton secure the first Texian loans totaling $250,000 in January 1836 and financially aided the revolution. He also recruited men for the Tampico Expedition. Sam Houston wrote that Christy's name would "never be uttered by the people of Texas unaccompanied by a prayer for his happiness and prosperity." By this document, Christy certifies that it is "<I>a true copy of the original act, extant in my register, according to the laws and usage of the said State of Louisiana.</B></I>" It is housed in a box with gilt lettering <I>"First Texas Revolution Loan Charter." From the collection of Darrel Brown.</B></I><BR><BR><B>Reference:</B></I> Streeter 1233. Streeter has located only five examples of this document; Jenkins 122<BR><BR><b>Shipping:</b> Books & Catalogs (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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