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Republic of Texas Certificate of Stock, $500, 1840 (Lot of two) [130235]

Currency:USD Category:Collectibles / Paper Start Price:250.00 USD Estimated At:500.00 - 800.00 USD
Republic of Texas Certificate of Stock, $500, 1840 (Lot of two)  [130235]
SOLD
600.00USD+ (132.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Oct 31 @ 12:56UTC-7 : PDT/MST
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Certificates 2024 and 2028 issued Edward Hall, December of 1840 for $500. Signed by Charles Demorse. DeMorse, the Texas Stock Commissioner, was tasked with funding the republic's mounting public debt under President Mirabeau B. Lamar. Engraved by Endicott & Clark of New Orleans. Heavily cut cancelled. In 1836 the Texas Commissioners appointed Edward Hall to purchase and ship all supplies needed by the provincial government. Reverse has note by Edward Hall paying to the order of William Bryan. Hall and Bryan were major financial backers of the purchase of the 'Invincible' to combat Mexican ships.

Date: 1840
Country (if not USA):
State: Texas
City:
Provenance: Ken Prag Collection