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Lot 922

Pensacola Florida Territorial Bank Bond. Coupons for a Bond of the "Bank of Pensacola" per the "Territory of Florida," $1,000, 6% Stock.
This is a sheet of stock coupons, "Letter A. No. 78", from a loan issued by the Bank of Pensacola and endorsed by a London Firm, Gowan & Marx. Approximately 13 by 12½ in., with miniature coupons numbered from No. 11 through No. 49, and signed "G.D. Gowan." Coupons Nos. 11, 12, & 13 are detached but the others are intact. The top portion of the sheet is signed by the cashier of the Bank of the United States, and the attorney for Gowan & Marx of London. A historic bond issued during the Territorial period and dated June 1836. The bond was guaranteed by the Territory and issued by the Bank of Pensacola (bank type Haxby FL-50) which also issued notes. This was a complex Florida banking issue, which is well documented in Carling Gresham's reference on the series (pages 18-20).
Estimated Value $300 - 500.

 
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