New Orleans, LA, Texian Loan. Government of Texas. 1836 $320. 8% Interest Per Annum. PMG Extremely Fine 40. Printed by Benjamin Levy - New Orleans. The first $32 advancement of a $320 loan made by Thomas D. Carmeal. This would eventually entitle Carmeal to 640 acres of land in the Lone Star State. This example bears serial number 319 and features the signature of notable Texan Stephen F. Austin among others. PMG comments "Cut Out Cancelled, Backed" on the back of the holder.
