[NORTH AMERICAN LAND COMPANY].

Plan of Association of the North American Land Company.

Item #72129

[NORTH AMERICAN LAND COMPANY]. Plan of Association of the North American Land Company. Philadelphia: Printed by R. Aitken and Son, Market Street, 1795. 25pp. Light, even toning. Very good. Howes P412. ESTC W28890. De Renne I, p. 270. Vail 1035. Evans 29220. Eberstadt 168:378. Rosenbach 36:480. Sabin 55548. A variant issue (there are three), this one without the folded notary leaf found in one issue, but provided here in facsimile. The Company was the great real estate operation floated by the Revolutionary financier Robert Morris (1734-1806). One of the greatest land speculations of the period, it purchased six million acres of land in Georgia, Kentucky, North and South Carolina, Virginia and Pennsylvania. Taxes on the real estate accrued faster than the land could be sold, and the company and Morris ultimately went into bankruptcy. The last copy at auction, the Park copy in 2000, realized $3600.

Price: $3,500.00