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Partly-printed DS, signed “S. F. Austin,” one page, 8.5 x 10.75, January 11, 1836. Ornate financial document headed “Texian Loan,” in part: “Received of James M. McCulloch & Co. Thirty-two Dollars, the First Installment on a Loan of Three Hundred and Twenty Dollars, made by him this day to the Government of Texas for Five Years.” Boldly signed at the conclusion by Stephen F. Austin and countersigned by two other commissioners, Branch T. Archer and William H. Wharton. In fine condition, with a diamond-shaped area of paper loss at the center, affecting a few words of text.
Stephen Austin’s provisional government issued these certificates to raise money to finance the ongoing Texas Revolution. January 11, 1836, is the earliest known date for these Texian Loan documents, coming just six weeks before the infamous Battle of the Alamo. These ‘loans’ were essentially land purchase contracts redeemable at fifty cents per acre, a cheap price designed to attract large investments. As a document representing the Revolution and foundational stages of the state’s government, this is of the utmost desirability.
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