Lot 192: Stephen F. Austin

RR Auction

2015-10-06 13:04:52

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Lot 192: Partly-printed DS, signed "S. F. Austin," one page, 7.75 x 8.75, January 11, 1836. Ornate financial document headed "Texian Loan," in part: "Received of Thos. D. Carneal Thirty-two Dollars, the First Installment on a Loan of Three Hundred and Twenty Dollars, made by him this day to the Government of Texas for Five Years." Boldly signed at the conclusion by Austin and countersigned by two other commissioners, Branch T. Archer and William H. Wharton. Attractively double-matted and framed with a portrait of Austin to an overall size of 20 x 16. Expected document wear, a triangular cancellation cut affecting the body of the document, slight feathering to ink, and show-through from docketing to reverse, otherwise fine condition.Austin's provisional government issued these certificates to raise money to finance the ongoing Texas Revolution. January 11, 1863, is the earliest known date for these Texian Loan documents, coming just six weeks before the infamous Battle of the Alamo. The recipient of this certificate, Thomas D. Carneal, was one of the primary subscribers. These 'loans' were essentially land purchase contracts redeemable at fifty cents per acre, a cheap price designed to attract large investments. As a document representing the Revolution and foundational stages of the state's government, this is of the utmost desirability. RR Auction's Fine Autographs and Artifacts Auction 462 Wednesday, 14th October 2015 Estimate: $6000-8000
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