Nov 22, 2005 - Sale 2058

Sale 2058 - Lot 8

Price Realized: $ 575
?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 400 - $ 600
(AMERICAN REVOLUTION.) MORRIS, ROBERT. Partly-printed Document Signed, stock certificate for 5 shares in the North American Land Company, issued to Bird, Savage & Bird. Countersigned by James Marshall. Approximately 10x121/2 with the left edge scalloped; very toned with mat burn, but a bold signature. Philadelphia, 16 March 1795

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The North American Land Company was land speculation venture by Morris and others seeking to sell six million acres in Pennsylvania, Virginia, North and South Carolina, Georgia and Kentucky. Embezzlement within the company coupled with over-valuation of land values brought the company into bankruptcy and landed Morris in debtor's prison -- a stark turn of events for the Signer known as the financier of the Revolution.