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According to The Official Blackbook Price Guide to United States Paper Money 2010 on page 272 it states this to have a $750.00 value!!!These often have one or maybe two coupons which almost always are cancelled by numerous circular blue “PAID” cancellations, applied by “KOUNTZE BROTHERS, BANKERS, NEW YORK” on the bond and on each of the coupons.
This is bright white, has bold color, has three coupons and is clean of ink cancellations!!!!
PLEASE view all the HD pictures for overall condition.James Tufts (September 19, 1829–August 18, 1884) was a United States politician and acting governor of Montana Territory in 1869.
Born in Charlestown, New Hampshire, Tufts graduated from Middlebury College in 1855. He was admitted to the bar in 1857 and was an attorney in Iowa.
Tufts moved to Niobrara in the Nebraska Territory in 1859, where he became a probate judge and served in the territorial legislature. Tufts moved to the Dakota Territory in 1861, and served as secretary for the legislative council of the Dakota Territory. He was appointed US Commissioner to adjust military claims in the Dakota Territory in 1862.
Tufts moved to Idaho Territory in 1863, and served in the Idaho Territorial Legislature. He was the first Speaker of the Idaho Territorial House of Representatives.
He was appointed territorial secretary for the Montana Territory in 1867, and served as its acting governor from 1868 to 1869.
Tufts ran for the Montana territorial delegate to the United States House of Representatives and lost the election. He moved back to Niobrara, Nebraska, to farm and practice law.Territorial Warrants -During the extended period between its formation as a territory (1864) and its admission as the 41st state in the Union (1889), the area we now know as Montana issued several bonds to assist its fledgling economy. Since the territory was sparsely populated, the sale of these bonds was often slow, even though many of the individuals inhabiting the area were fairly wealthy by the standards of the day. I ampleased to offer a very fine example of one of these rarely encountered bond issues for your consideration.
The body of the bond is dominated by a lengthy financial obligation which states that “IT IS HEREBY CERTIFIED THAT The TERRITORY OF MONTANA is indebted unto Ira H. Ming in the sum of ONE HUNDRED DOLLARS redeemable at the pleasure of the Territory after the 1st day of June, 1870, and payable on the 1st day of June, 1873, with interest from the 1st day of June, 1868, at the rate of Fifteen per cent per annum,”.
It furthers indicates that the money was “payable semi=annually by the Treasurer of the Territory in lawful money of the United States, at his office, or in the City of New York, as the holder may elect, on the 1st day of June and the 1st day of December of each year on presentation of the proper Coupon hereunto annexed.”, followed by the printed date of issue, expressed as “June 1, 1868”. Immediately below this are the signatures of “James Tufts” as “Secretary of the Treasury”, “W H Rodgers” as “Auditor”, and “W G Barkley” as “Treasurer”, the first and last two divided by a vignette depicting a dog’s head (this vignette was used frequently to represent fidelity and security).
A bright blue “100” security overprint, composed of 1’s and 0’s, appears atop the center of the financial obligation. Larger vignettes flank the financial obligation, the one to the left depicting an attractive young woman wearing a cavalier type hat, and the one to the right featuring a sailor leaning on a capstan, with cargo and sailing ships behind. The denomination, represented numerically, appears in each of the upper corners, with the statement that the bond was “ISSUED UNDER TERRITORIAL ACT APPROVED DECEMBER 3rd, 1867, IN EXCHANGE FOR TERRITORIAL WARRANTS” printed above.
The imprint of the printer, “Montana Democrat Print” appears in the lower left corner. All of the above is enclosed in a decorative blue border, neatly separating it from the THREE remaining interest coupons. The coupons state that “THE Territory of Montana Will Pay SEVEN DOLLARS AND FIFTY CENTS To Ira H. Ming or order for Six Months Interest, due December 1, 1872, on Bond No. 142”, followed again by the signatures of “W H Rodgers” and “W G Barkley” in their previously listed positions. An impressed seal of the territory appears in the lower left corner, neatly touching the decoration of the left vignette and the left and bottom borders.
Cut cancellations -
SEE HD PICTURES FOR CONDITIONThis will be carefully packed and shipped via Fed Ex directly to your door with tracking information.
Please ask any questions before offerding!!!
offer with confidence - I have a 100% rating!!!
NO International buyers please......
