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    Description

    Very Rare and Historic Abolitionist Town Issuer Note

    Sumner, KS - Sumner Company $5 May 29, 1858 Whitfield 385.
    A hallmark of many Newman collection notes is the historic sensibility that merits study and reflection. Kansas, a "Free State," had townships that developed directly from the Abolitionist movement and Sumner, a rival to Atchison, was one of them. The town was named for stockholder George Sumner, brother of the Massachusetts senator Charles Sumner. The senator was savagely struck with a cane by Preston Brooks of South Carolina on the Senate floor, May 22, 1856. This occurred after business closed on the day he delivered his "Crime Against Kansas" speech attacking Stephen Douglas and South Carolina senator Andrew Butler. The incorporated town, reaching 2,000 inhabitants, lost a key election to become the county seat and this setback and a tornado in 1860 dashed its significance. These Sumner Company notes circulated, but were payable after sixty days as written. Lithographed on white on paper by T.R. Hiland, Boston. Fully signed and issued and just downright rare. One of only two that we have sold, with this PCGS Very Fine 30 showing ample margins and splendid paper. The other was a $3 note which realized $587.50 and which was graded 5 points lower.


    Auction Info

    Auction Dates
    October, 2016
    25th Tuesday
    Internet/Mail Bids: 6
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