Watch List notes:

Louisville, Kentucky, Texas Association (Republic of Texas), stock certificate remainder, ca. 1858, 8,000 square miles on the Trinity River. The Texas Association was formed in 1844 by Charles Fenton Mercer (1778-1858) of Louisville, Kentucky. Its goal was to settle at least 100 families a year for five years on plots of land located along the Trinity River in Texas. Mercer sold $500 shares to investors in Virginia, Florida, and Texas while offering 160 acres for settled families and 80 acres for single men. After numerous troubles, Mercer sold his interest in the association to George Hancock, also of Louisville. Hancock issued these new shares in 1858 during the reorganization. Iconic design with Texas' Lone Star at top and Native American hunting a buffalo at bottom. Uncirculated.

Estimate: $125-200