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Auction: 21143 - Bonds and Share Certificates of the World e-Auction
Lot: 506

U.S.A.: North American Land Company, certificate for [2] shares, 179[5], #496, signed by Robert Morris as President, scrollwork at left, black. Robert Morris (1734-1806), a wealthy merchant who also signed the Declaration of Independence and financed the Bank of North America, founded the North American Land Company with partners James Greenleaf and John Nicholson. The company held 6,000,000 acres of real estate in Pennsylvania, Virginia, North and South Carolina, Georgia and Kentucky, and was formed to sell stock secured by the land in order to repay the founder's debts. The company failed as the land market collapsed, and Morris and his partners were ruined, each ending up in Debtors Prison until the repeal of the Act in 1802. Good signature with no ink burning, brittle paper, GVF

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Estimate
£240 to £280

Starting price
£200