660

State of Louisiana, 1892 I/C Bond Signed by Murphy Foster as Governor.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:15.00 USD Estimated At:25.00 - 50.00 USD
State of Louisiana, 1892 I/C Bond Signed by Murphy Foster as Governor.
SOLD
15.00USDto floor+ buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Nov 21 @ 16:16UTC-5 : EST/CDT
PLEASE CONTACT US TO REGISTER FOR LIVE BIDDING OR ABSENTEE BIDDING AT:

PH: 1-201-944-4800
FAX: 1-201-871-4345
Web: www.archivesinternational.com
Email: info@archivesinternational.com

Snail Mail: Archives International Auctions
1060 Main Street, Suite 202, River Edge, NJ 07661

The auction will take place on Thursday, November 21st, 2019 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 10:30 AM
Louisiana... $100 Issued and Cancelled 4% New Consolidated Bond, Black print on brown border and under tint, Ornate title at top above image of large building, Multiple POC's across whole of bond, Fine-VF condition. ABNC. Murphy James Foster (1849-1921) was a Louisiana politician who served two terms as the 31st Governor of Louisiana from 1892 to 1900. Foster adopted the Louisiana Constitution of 1898, which effectively disfranchised the black majority, who comprised most of the Republicans, thus leading to Louisiana's becoming essentially a one-party (Democratic) state for several generations and excluding African Americans from the political system. Louisiana followed Mississippi (1890) in adopting a new constitution with devices to disfranchise blacks, chiefly by making voter registration more difficult. This situation of discriminatory political exclusion was not corrected until after enforcement of constitutional rights by the federal government under the Voting Rights Act of 1965. Sounds familiar.