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Republic of Texas Government $100 bond issued - Texas - 1841. [1274410]
Texas, 1841-1846. 10" x 7.75". "10"" x 7.75"" document with one 1/2"" chip to right edge. All coupons present. Presented floated in a wood frame to a size of 15.5"" x 13"". Background mat very lightly foxed, frame lightly scuffed. Issued to ""Charles De Morse"", and signed by ""David Burnet"", Pres."" and ""William Seven, Sec of Treas.""A beautifully engraved Government Bond issued by the Republic of Texas in 1841 to the well loved Texan known as ""The Father of Texas Journalism"", Charles De Morse. The bond was payable at the interest of eight percent per annum (a rate not that dissimilar to the interest rates of today)…payable seminally on the first days of January and July. The production of the certificate was a joint venture between the “Southern Bank Note Co.” and “Endicott & Clark, New Orleans”, both of which have their imprints along the lower edge of the principal instrument. DeMorse accepted a commission in the Texas Navy but resigned in July 1836 to become a major in the army, where he received military training under Albert Sidney Johnston. When the army was disbanded in 1837 DeMorse entered law practice at Matagorda and later became the stock commissioner, charged with refunding the public debt, under President Mirabeau B. Lamar. He became the reporter for the Texas House of Representatives and was later elected Clarksville’s first mayor, and was a congressman-elect at the time of the annexation of Texas in 1845. During the Civil War, DeMorse organized and served as colonel of the 29th Texas Cavalry, a unit that fought in Arkansas and the Indian Territory. He was the commanding officer of the force at the battle of Poison Springs, near Camden, Arkansas, where an attempted Union advance was repulsed. In 1842 De Morse founded The Northern Standard, later renamed The Clarksville Standard, one of Texas' foremost newspapers, with his newspaper second in circulation among Texas newspapers and had agents as far away as Philadelphia, Boston and New York. He was often referred to as ""The Father Of Texas Journalism""A handsome piece, presenting well, with Texas roots submerged in history."
      [Bookseller: University Archives]
Last Found On: 2016-11-27           Check availability:      Biblio    

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