Lot 45 of 431:
State of California indebtedness bond 1856  

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Lot closed - Sold For:$300
Estimate:
$500 - $800

Title:
Bond of the State of California in Accordance with an Act to Fund the Indebtedness of the State...
Author:
Place:
San Francisco
Publisher:
Printed by Britton and Rey
Date:
1856
Description:

Single sheet bond. Illustrated with a primary image of the state seal with added figures, including a miner and an Indian, plus vignettes of George Washington, Neptune, a blacksmith, a cow, and a sailor talking with a miner. With 36 of the original 38 coupons attached, each signed by Treasurer Henry Bates with a cancel mark. 53.5x43 cm (21¼x17"). 

The bond, # 365 dated May 10, 1856, is in the amount of $1,000 and is signed by California Governor J. Neely Johnson, Controller G.W. Whitman, and Treasurer Henry Bates. The verso of the document bears an ink stamp within a rectangular box: "Forwarded for exchange by Wells, Fargo & Co. New-York Oct. 20th 1852."

Johnson was California's 4th Governor (1856-58) and was serving during the time of the San Francisco Vigilance Committee's actions, including the hanging of Casey and Cora, which he was unable to stop. Johnson later moved to Nevada where he was appointed to the Nevada Supreme Court in 1867. State Treasurer Henry Bates from Shasta County was impeached by the State Senate for a series of allegations including illegal deposits, buying state warrants with state funds and pocketing the difference in value, and loaning state money to the president of the Pacific Express Company. He was convicted but resigned from state office before being sentenced. The connections make for a very interesting document.

Lot Amendments
Condition:
Marks form early folds, some light creasing, a few spots of foxing, small chip to top margin; very good or better.
 
Item number:
303614
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