Skip to main content
Go to accessibility notice

    Description

    (Austin), TX/Louisville, KY- Texas Association (Mercer Colony) 8,000 Square Miles on the Trinity River 18__ (circa 1858) 1 Share Stock Certificate Remainder Choice About Uncirculated.
    There are several pre-printing paper crinkles observed on this example. There is also toning along the top edge at far right plus a tiny edge notch. A handsomely engraved remainder with decorative borders, the Lone Star of Texas at top center, and a vignette of a brave spearing a buffalo at bottom center. In February, 1841, the Texas Congress approved of granting empresario contracts to individuals promising to settle unclaimed public lands belonging to the Republic. President Sam Houston granted Charles Fenton Mercer (1778-1858), of Louisville, Kentucky, a contract to settle at least 100 families a year for five years, beginning in January, 1844. Mercer organized the Texas Association to advertise and promote colonization, and sold $500 shares to investors in Virginia, Florida, and Texas. Mercer's association offered 160 acres to families and 80 acres to single men, compared with the 320 acres offered by the adjacent Peters Colony promoters. By the end of the first year of the contract, more than 100 families had complied with the requirements and received land certificates. However, the Mercer Colony's growth was impeded by political wrangling, dishonest land speculators and surveyors, and squatters. Mercer ultimately severed all connections with the grant in February 1852 by assigning his interest in the Texas Association to George Hancock of Louisville, Kentucky. By 1858, Hancock had reorganized the association and issued new stock shares. This lithographed certificate is from that issue. It was printed by Hart, Mapother, & Co. of Louisville, Kentucky.


    Auction Info

    Auction Dates
    November, 2019
    12th Tuesday
    Internet/Mail Bids: 7
    Lot Tracking Activity: N/A
    Page Views: 57

    Buyer's Premium per Lot:
    20% of the successful bid (minimum $19) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2020 April 22 - 27 Central States Currency Signature Auction - Chicago.

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 December 4 - 6 HKINF World Paper Money Signature Auction - Hong Kong
    2019 December 4 - 6 HKINF World Paper Money Signature Auction - Hong Kong
    REALIZED SO FAR $1,667,425