Galveston Bay & Texas Land Company. Certificate #10886. New York, October 16, 1830. It allots one Labor of land to Lorenzo de Zavala. (one labor is = 1 million square varas; a Texas vara = c. 33 1/3 in.; so a Labor was about 177 acres or 71.67 ha.) Signed by Anthony Dey, William H. Sumner and George Curtis as trustees. Lorenzo de Zavala on verso. Approx. 8 x 12.5 in., on very light ("onion-skin" or rice) paper. Map of the region lower left. The Galveston Bay and Texas Land Company was founded in New York on the date of this "scrip," 16 Oct. 1830. The idea was to colonize nearly 3.75 million acres in East Texas assigned to Joseph Vehlein, David Burnet and Lorenzo de Zavala, in an area between the San Jacinto and Sabine Rivers, to an area just south and west of Nacodoches. The company was not selling land per se, but sold scrip at 5 cents per acre, give the subscriber the certificate, which they then turned in for a land title when they completed requirements for Mexican colonization. All did not work out as planned. Boatloads of colonists were denied land by Mexican officials, even though in 1832 the Vehlein and Burnet grants were extended for three years and Zavala's for four years in 1834. In 1830, Anastasio Bustamante had prohibited immigration from the United States to Texas, but the first boatload of immigrants were supposedly Swiss and German, and still denied settlement. Texas declared independence in 1836, and the Republic passed a law in 1837 allowing empresarios to sue for their land claims. The Galveston Bay & Texas Land Company authorized Robert Rose to sue on their behalf, but it was not tried until 1848. The courts decided that assignees of the company were aliens, and not qualified to sue. They continued, however, to sell scrip, declaring that it had sold rights to over ten million acres. If land was sold between 5 and 10 cents per acre, the company made a profit of somewhere just over or under half a million dollars, once expenses are subtracted, and received compensation for losses from the United States and Mexican Claims Commission. Reference: Reichstein, Andreas. "Galveston Bay and Texas land Company," Handbook of Texas Online, (http://www.tshaonline.org/handbook/online/articles/ufg01). Accessed 3 December 2013. Published by the Texas State Historical Association. Condition: Edges scuffed, minor toning. Overall still very good.
Galveston Bay & Texas Land Company. Certificate #10886. New York, October 16, 1830. It allots one Labor of land to Lorenzo de Zavala. (one labor is = 1 million square varas; a Texas vara = c. 33 1/3 in.; so a Labor was about 177 acres or 71.67 ha.) Signed by Anthony Dey, William H. Sumner and George Curtis as trustees. Lorenzo de Zavala on verso. Approx. 8 x 12.5 in., on very light ("onion-skin" or rice) paper. Map of the region lower left. The Galveston Bay and Texas Land Company was founded in New York on the date of this "scrip," 16 Oct. 1830. The idea was to colonize nearly 3.75 million acres in East Texas assigned to Joseph Vehlein, David Burnet and Lorenzo de Zavala, in an area between the San Jacinto and Sabine Rivers, to an area just south and west of Nacodoches. The company was not selling land per se, but sold scrip at 5 cents per acre, give the subscriber the certificate, which they then turned in for a land title when they completed requirements for Mexican colonization. All did not work out as planned. Boatloads of colonists were denied land by Mexican officials, even though in 1832 the Vehlein and Burnet grants were extended for three years and Zavala's for four years in 1834. In 1830, Anastasio Bustamante had prohibited immigration from the United States to Texas, but the first boatload of immigrants were supposedly Swiss and German, and still denied settlement. Texas declared independence in 1836, and the Republic passed a law in 1837 allowing empresarios to sue for their land claims. The Galveston Bay & Texas Land Company authorized Robert Rose to sue on their behalf, but it was not tried until 1848. The courts decided that assignees of the company were aliens, and not qualified to sue. They continued, however, to sell scrip, declaring that it had sold rights to over ten million acres. If land was sold between 5 and 10 cents per acre, the company made a profit of somewhere just over or under half a million dollars, once expenses are subtracted, and received compensation for losses from the United States and Mexican Claims Commission. Reference: Reichstein, Andreas. "Galveston Bay and Texas land Company," Handbook of Texas Online, (http://www.tshaonline.org/handbook/online/articles/ufg01). Accessed 3 December 2013. Published by the Texas State Historical Association. Condition: Edges scuffed, minor toning. Overall still very good.
Testen Sie LotSearch und seine Premium-Features 7 Tage - ohne Kosten!
Lassen Sie sich automatisch über neue Objekte in kommenden Auktionen benachrichtigen.
Suchauftrag anlegen