REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | VALUE |
---|---|---|---|---|
IMAGE NEEDED | ||||
101 | ? | ? | ? | $- |
First Mortgage Land Grant Convertible Construction Bond Authorised? |
||||
106 | $1000 | 1871, blue, with coupons | #80,#89,#263 | $250 |
Southern Inland Navigation & Improvement Company
The company was set up around 1871 by Lt Governor William Gleason to acquire free land from the Internal Improvement Fund. The intention was to drain the swamplands and reclaim the land for farming and development. The scheme came to nothing because the transfer of lands by the Fund was deemed to be illegal and the subject of a lengthy court case.
1871