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Title Letter [manuscript]: London, [Eng.], to Henry Stephenson, 1843 July 8
Author Converse, Sherman (1790-1873)
Date
Document Type Correspondence
Description From the Newberry Library Catalogue: July 8, 1843, promotional letter from Converse to Henry Stephenson, a potential English investor, regarding the formation of a company to carry forward his Texas land settlement enterprise. Converse emphasizes the favorable terms of the contract with the Republic of Texas, the minimal costs associated with surveying and settling the region, and the potential profits. He also outlines the proportion of the company to be held by each investor and lists three Englishmen who have already signed on.
Names Stephenson, Henry
Places Republic of Texas, United States; London, United Kingdom
Keywords land speculation, white settlement, government, sale of land, contract
Theme American Indians and the US Government; Trade and Indian Economies
Culture Area Southwest, Great Plains, Great Basin
Additional Information Yale graduate (1813); New York City and New Haven, Conn., printer, publisher and bookseller; and land company promoter associated briefly with the Peters Colony in Texas. In 1842, Sherman Converse, Charles Fenton Mercer, Daniel Carroll, and others obtained the interests of the eleven English investors in the Peters Colony, an empresario venture in north central Texas in contract with the Republic of Texas. Acting alone, Converse then secured the sole interest of the colony’s Louisville, Ky., backers, negotiated a new, more favorable contract (Jan. 20, 1843) with the Republic, and sought to form a new company backed by additional English investors. Apparently unsuccessful in London, Converse was repudiated by the Louisville investors, who reorganized in 1844 as the Texas Emigration and Land Company and reassumed control of the venture.
Library The Newberry Library
Copyright The Newberry Library
Collection The Edward E. Ayer Collection
Reference VAULT box Ayer MS 183
Catalogue Link The Newberry Library Catalogue