Lot 875
[Robert Morris DS], a stock certificate for five shares in the North American Land Company for Bourdieu, Chollet of London, dated Feb. 20, 1795, Philadelphia, signed by 'Robt. Morris', as president of the company, and 'James Marshall' as Secretary, one page. Note: Robert Morris (1734-1806), signer of the Declaration of Independence, merchant and land speculator, was known as the 'Financier of the American Revolution.' In 1795 Robert Morris, John Nicholson, and James Greenleaf created the North American Land Company to develop and sell six million acres in North and South Carolina, Georgia, Pennsylvania, Virginia and Kentucky. The demand for land was greatly overestimated and Morris eventually went bankrupt, spending several years in debtor's prison.
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