Lot 262: 1793, William Imlay Signed United States Loan Office Form, Conn., Anderson CT-56
October 29, 2016
Rancho Santa Fe, CA, USALive Auction
"William Imlay" Signed Connecticut United States Loan
April 16, 1793-Dated Federal Period, United States Loan Office Form, Signed by William Imlay, as Continental Congress Loan Officer in Connecticut, Anderson CT-56, Very Choice Extremely Fine.
Rarity-5 (Rare). Boldly Signed by William Imlay, and issued for $42.46. Printed by Francis Bailey on fine quality hand made laid paper bearing a "SANDY RUN" watermark. This Fiscal Certificate is related directly to the transference of the nation's capitol from the Continental Congress in Philadelphia to Washington, DC, under what was known as the "Assumption Act." It was instituted in order to persuade the Southern States to assume a disproportionately larger share of the Revolutionary War debt, the government agreed to relocate the capitol to a Southern State. This current example has a nearly invisible slit-cancel and retains a huge right side margin that nearly doubles the entire width of this document. Impressively mounted and matted for display and ready for framing. An important piece of Connecticut and United States fiscal history.