2 100 110 https://richesmi.cah.ucf.edu/omeka/files/original/64269c34ff4bdda1ecf013ac81bfa9b6.pdf c0a2f49d3183649db2d81a4553b3609a Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 2-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (February 3, 1885) Alternative Title Letter from Macfarlane to Sanford (February 3, 1885) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description A letter from A. W. Macfarlane to Henry Shelton Sanford dated January 24, 1885. Macfarlane was the secretary for the Florida Land and Colonization Company (FLCC) from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane explained to Sanford that the board of directors had rejected a scheme proposed by Sanford as a means to paying company debts. Additionally, Macfarlane offered a brief overview of the company's financial state, noting that the land sales from the prior six-month period amounted to $24,798—over $4,000 more than the same period from a year earlier. Despite this moderate success, Macfarlane bemoaned that "the sales for the last three months are disappointingly small amounting to only some $3,000," an occurrence he deemed symptomatic of a "general stagnation of business in the state." The letter reflected the differing and often opposing viewpoints of Sanford and his fellow board members as well as the limited financial successes of the company in the mid-to-late 1880s. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, February 3, 1885: box 54, folder 1, subfolder 54.1.10, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Requires <a href="http://www.adobe.com/reader.html" target="_blank">Adobe Acrobat Reader</a> Is Part Of Box 54, folder 1, subfolder 1.10, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. References "<a href="https://richesmi.cah.ucf.edu/omeka2/items/show/3400" target="_blank">Letter from A. W. Macfarlane to F. R. Shelton (January 21, 1885)</a>." RICHES of Central Florida. https://richesmi.cah.ucf.edu/omeka2/items/show/3400. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, February 3, 1885. Coverage Florida Land and Colonization Company, London, England, United Kingdom Berlin, Germany Creator Macfarlane, A. W. Date Created 1885-02-03 Format application/pdf Extent 269 KB Medium 2-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars board of directors debt finance FLCC Florida Land and Colonization Company investment land sale Macfarlane, A. W. real estate Sanford Sanford, Henry Shelton https://richesmi.cah.ucf.edu/omeka/files/original/9602796d04980be5681fab8c527e31cf.pdf fbe4f8a42c54de55f7261ec31713a2a6 Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 2-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (January 24, 1885) Alternative Title Letter from Macfarlane to Sanford (January 24, 1885) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description A letter from A. W. Macfarlane to Henry Shelton Sanford dated January 24, 1885. Macfarlane was the secretary for the Florida Land and Colonization Company (FLCC) from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane acknowledged receipt of a letter sent by Sanford while also relaying relevant information sent to the company's main office from its Florida-based representative, E. R. Trafford. In particular, Macfarlane noted that, in an earlier letter, Trafford cited his earlier request for $15,000 needed for further land acquisition. In his message to Sanford, Macfarlane made clear that Trafford had not sent any confirmation of the finalized land purchase. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, January 24, 1885: box 54, folder 1, subfolder 54.1.9, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Requires <a href="http://www.adobe.com/reader.html" target="_blank">Adobe Acrobat Reader</a> Is Part Of Box 54, folder 1, subfolder 1.9, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, January 24, 1885. Coverage Florida Land and Colonization Company, London, England, United Kingdom Berlin, Germany Sanford, Florida Creator Macfarlane, A. W. Date Created 1884-01-24 Format application/pdf Extent 227 KB Medium 2-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars finance FLCC Florida Land and Colonization Company investment land acquisition Macfarlane, A. W. real estate Sanford Sanford, Henry Shelton Trafford, E. R. https://richesmi.cah.ucf.edu/omeka/files/original/401ee88ebb757ba006ff669b3f47cb68.pdf c83c4c8d046dece87bd285728612d61d Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 3-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to F. R. Shelton (January 21, 1885) Alternative Title Letter from Macfarlane to Shelton (January 21, 1885) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description Letter from A. W. Macfarlane to F. R. Shelton dated January 21, 1885. Macfarlane was the secretary for the Florida Land and Colonization Company (FLCC) from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane informs Shelton, a Philadelphia-based lawyer and banker at Manayunk Bank, that he had been elected to the board of directors. Macfarlane reminded Shelton that the FLCC had some $75,000 in land notes housed at the Manayunk Bank and he expressed hope to Shelton that "with your large banking connections, you may be able to negotiate so as to meet the present requirements of the Company." Shelton's addition to the board of directors was a move prompted by Henry Shelton Sanford and the board of director's acquiescence on the matter was done in part in an effort to placate Sanford. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to F. R. Shelton, January 21, 1885: box 54, folder 1, subfolder 54.1.8, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Requires <a href="http://www.adobe.com/reader.html" target="_blank">Adobe Acrobat Reader</a> Is Part Of Box 54, folder 1, subfolder 1.8, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Referenced By "<a href="https://richesmi.cah.ucf.edu/omeka2/items/show/3399" target="_blank">Letter from A. W. Macfarlane to Henry Shelton Sanford (January 20, 1885)</a>." RICHES of Central Florida. https://richesmi.cah.ucf.edu/omeka2/items/show/3399. "<a href="https://richesmi.cah.ucf.edu/omeka2/items/show/3402" target="_blank">Letter from A. W. Macfarlane to Henry Shelton Sanford (February 3, 1885)</a>." RICHES of Central Florida. https://richesmi.cah.ucf.edu/omeka2/items/show/3402. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to F. R. Shelton, January 21, 1885. Coverage Florida Land and Colonization Company, London, England, United Kingdom Manayunk Bank, Manayunk, Philadelphia, Pennsylvania Creator Macfarlane, A. W. Date Created 1884-01-21 Format application/pdf Extent 414 KB Medium 3-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars bank banker board of directors finance FLCC Florida Land and Colonization Company investment land note Macfarlane, A. W. Manayunk Bank Sanford Sanford, Henry Shelton Shelton, F. R. https://richesmi.cah.ucf.edu/omeka/files/original/b5f2d7d6b5fae103093a8d6f673c6217.pdf d9a61896e74b2c0a8d91e4c8797808be Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 3-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (January 20, 1885) Alternative Title Letter from Macfarlane to Sanford (January 20, 1885) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description Letter from A. W. Macfarlane to Henry Shelton Sanford dated January 20, 1885. Macfarlane was the secretary for the Florida Land and Colonization Company (FLCC) from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane discussed several recent decisions taken by the board of directors of the FLCC. He explained how the local FLCC agent based in Sanford, Florida, E. R. Trafford, was in the process of purchasing tracts of land on behalf of the company, adding that $15,000 had been raised to facilitate Trafford's purchase. The money raised for the land purchase was loaned from the London-based bank Barclay & Company. Macfarlane noted that, in order to obtain the money, the company needed to offer the bank securities in the form of land notes valued at twice the amount of the loan requested. Macfarlane deemed it necessary to note that, following the most recent loan, the company was indebted to the bank in the amount of £5,144.13, of which £2,000 would be due by April 1885. Macfarlane stated that, with the bank loan and company debentures combined, the FLCC had nearly £30,000 due by the end of the fiscal year in early July. Reflecting the often tenuous nature of the company's finances, Macfarlane added that "[t]he [Florida] agent in his report last June estimated remittances at £14,000 of which as yet only £2,200 has been received." The secretary concluded the matter by stating that "[t]he urgency of making prompt financial arrangements has in no way been relieved and I am directed again to state that the Directors consider they are incurring grave responsibility by having this question open." The stringent financial guaranties needed by the company's bank for further loans are significant. The bank's steep terms possibly reflect both the uncertainty of profitability associated with Florida land sales as well as the uncertain viability of the FLCC. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, January 20, 1885: box 54, folder 1, subfolder 54.1.7, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Requires <a href="http://www.adobe.com/reader.html" target="_blank">Adobe Acrobat Reader</a> Is Part Of Box 54, folder 1, subfolder 1.7, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Referenced By "<a href="https://richesmi.cah.ucf.edu/omeka2/items/show/3400" target="_blank">Letter from A. W. Macfarlane to F. R. Shelton (January 21, 1885)</a>." RICHES of Central Florida. RICHES of Central Florida. https://richesmi.cah.ucf.edu/omeka2/items/show/3400. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, January 20, 1885. Coverage Florida Land and Colonization Company, London, England, United Kingdom Berlin, Germany Sanford, Florida Creator Macfarlane, A. W. Date Created 1884-01-20 Format application/pdf Extent 414 KB Medium 3-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars bank bank security Barclay and Company debenture finance FLCC Florida Land and Colonization Company investment land note loan Macfarlane, A. W. real estate Sanford Sanford, Henry Shelton Shelton, F. R. Trafford, E. R. https://richesmi.cah.ucf.edu/omeka/files/original/db9fa576b1480ab569beb582d157c491.pdf bf1f0326ca1c5da4d478c277aea0bd56 Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 2-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (January 8, 1885) Alternative Title Letter from Macfarlane to Sanford (January 8, 1885) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description A letter from A. W. Macfarlane to Henry Shelton Sanford dated January 8, 1885. Macfarlane was the secretary for the Florida Land and Colonization Company (FLCC) from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane referenced the company efforts to raise a final £3,000 of a needed £5,000 to complete a land acquisition deal in Florida, a deal advanced and encouraged by Henry Sanford. Macfarlane noted that the company's bank, Barclay & Company, refused to provide an advance of funds without a joint guarantee from all of the members of the company's board. Macfarlane noted that some of the board members had objections to this requirement, reflecting a gulf between business strategies endorsed by Sanford and his fellow board members. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, January 8, 1885: box 54, folder 1, subfolder 54.1.6, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Requires <a href="http://www.adobe.com/reader.html" target="_blank">Adobe Acrobat Reader</a> Is Part Of Box 54, folder 1, subfolder 1.6, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, January 8, 1885. Coverage Florida Land and Colonization Company, London, England, United Kingdom Berlin, Germany Florida Creator Macfarlane, A. W. Date Created 1884-01-08 Format application/pdf Extent 225 KB Medium 2-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars bank Barclay and Company finance FLCC Florida Land and Colonization Company investment land acquisition Macfarlane, A. W. real estate Sanford Sanford, Henry Shelton https://richesmi.cah.ucf.edu/omeka/files/original/94bd0cf1595c942f155aef52f20423e6.jpg ff6b25aea9855a62ce9a0eea0a866010 Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 1-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (December 29, 1884) Alternative Title Letter from Macfarlane to Sanford (December 29, 1884) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description A letter from A. W. Macfarlane to Henry Shelton Sanford dated December 29, 1884. Macfarlane was the secretary for the Florida Land and Colonization Company (FLCC) from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane discussed various aspects of the company's financial state, noting disappointment in lower-than-expected land sales in Florida. At one point, Macfarlane expressed concern that "[t]he cash on hand in Florida, in the office [and] banks, at the end of November amounted to less than £400 not more than required for the business." The letter conveyed the often tenuous nature of the company's efforts to turn a profit in Florida. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, December 29, 1884: box 54, folder 1, subfolder 1.5, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Is Part Of Box 54, folder 1, subfolder 1.5, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, December 29, 1884. Coverage Florida Land and Colonization Company, London, England, United Kingdom Gingelom, Belgium Florida Creator Macfarlane, A. W. Date Created 1884-12-29 Format image/jpg Extent 150 KB Medium 1-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars bank finance FLCC Florida Land and Colonization Company investment land Macfarlane, A. W. real estate sale Sanford Sanford, Henry Shelton https://richesmi.cah.ucf.edu/omeka/files/original/e814d4f68e25aa11a17bf692dca06c36.pdf ae9dd3325198343b7369930141c1c21b Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 6-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (December 23, 1884) Alternative Title Letter from Macfarlane to Sanford (December 23, 1884) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description A letter from A. W. Macfarlane to Henry Shelton Sanford dated December 23, 1884. Macfarlane was the secretary for the Florida Land and Colonization Company (FLCC) from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane described in detail the minutes of the board of directors meeting held the day prior. In discussing the various topics of importance, Macfarlane conveyed the strained relationship between the board of directors and Henry Sanford. In particular, the letter illustrated the mutual misunderstandings and differences of opinion held by Sanford and the London-based investors. On page two, when discussing the financial state of the company, Macfarlane noted that "the Directors desire me to express their regret that you have not indicated to them some practical means of raising money to meet the above requirements [and] the Debentures shortly falling due." The letter reflected the board's lack of trust in the financial strategies advocated by Sanford. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, December 23, 1884: box 54, folder 1, subfolder 1.4, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Requires <a href="http://www.adobe.com/reader.html" target="_blank">Adobe Acrobat Reader</a> Is Part Of Box 54, folder 1, subfolder 1.4, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, December 23, 1884. Coverage Florida Land and Colonization Company, London, England, United Kingdom Gingelom, Belgium Creator Macfarlane, A. W. Date Created 1884-12-23 Format application/pdf Extent 0.98 MB Medium 6-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars board meeting board of directors debenture finance FLCC Florida Land and Colonization Company investment investor Macfarlane, A. W. Sanford Sanford, Henry Shelton https://richesmi.cah.ucf.edu/omeka/files/original/e5c49d28bc885588581cbcd12eb5a1fb.pdf ddded1bef0567f178f0bf7b2045aff53 Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 2-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (October 3, 1884) Alternative Title Letter from Macfarlane to Sanford (October 3, 1884) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Description A letter from A. W. Macfarlane to Henry Shelton Sanford dated October 3, 1884. Macfarlane was the secretary for the Florida Land and Colonization Company (FLCC) from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane discussed the minutes from the previous meeting of the board of directors. Sanford, staying in Belgium at the time, was unable to attend. Perhaps the most important board decision, conveyed by Macfarlane, was the transfer of the power to sign deeds. The board decided that it was in the company's best interest to transfer this power from Henry Sanford to E. R. Trafford and William Beardall. Trafford was the company's agent based in Sanford, Florida, while Beardall was sent to Sanford from London to serve as the Assistant Manager in the FLCC's Sanford office. The action, taken by the board, reflected the strained relations between Henry Sanford and his London-based partners. It represented an effort to limit the powers and influence of Henry Sanford in company decision-making and instead to reallocate these powers to two company-appointed agents. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, October 3, 1884: box 54, folder 1, subfolder 1.3, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Requires <a href="http://www.adobe.com/reader.html" target="_blank">Adobe Acrobat Reader</a> Is Part Of Box 54, folder 1, subfolder 1.3, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida.. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, October 3, 1884. Coverage Florida Land and Colonization Company, London, England, United Kingdom Gingelom, Belgium Sanford, Florida Polk County, Florida Sumter County, Florida Hernando County, Florida Brevard County, Florida Volusia County, Florida Creator Macfarlane, A. W. Date Created 1884-10-03 Format application/pdf Extent 506 KB Medium 2-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars Beardall, William board meeting board of directors Brevard County deed FLCC Florida Land and Colonization Company Gingelom, Belgium Hernando County investment Macfarlane, A. W. Polk County Sanford Sanford, Henry Shelton Sumter County Trafford, E. R. Volusia County https://richesmi.cah.ucf.edu/omeka/files/original/e4f25b2c7cf48c3407646c9cbb06ef6d.jpg e168e2640d871b26a6db0c731de0418f Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 1-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (August 27, 1884) Alternative Title Letter from Macfarlane to Sanford (August 27, 1884) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description A letter from A. W. Macfarlane to Henry Shelton Sanford dated August 27, 1884. Macfarlane was the secretary for the Florida Land and Colonization Company from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane discussed several possibilities for the usage of company profits earned during the fiscal year ending on June 30, 1884. Macfarlane suggested either directing half of the profits to the reduction of company property values but with no distribution of dividends, or directing a quarter of profits to the reduction of property values, with shareholders receiving a 5% dividend for the year. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, August 27, 1884: box 54, folder 1, subfolder 1.2, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Is Part Of Box 54, folder 1, subfolder 1.2, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida.. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, August 27, 1884. Coverage Florida Land and Colonization Company, London, England, United Kingdom Hombourg, Belgium Creator Macfarlane, A. W. Date Created 1884-08-27 Format image/jpg Extent 297 KB Medium 1-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars dividend FLCC Florida Land and Colonization Company investment Macfarlane, A. W. property Sanford Sanford, Henry Shelton share shareholder https://richesmi.cah.ucf.edu/omeka/files/original/61110cbcd405897f6b3034bee378def7.jpg 7d27e270e48e2fcd620f9ea98ff7337f Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Florida Land Colonization Company Collection Alternative Title FLCC Collection Subject Sanford, Henry Shelton, 1823-1891 Sanford (Fla.) Mackinnon, William, 1823-1893 Polk County (Fla.) Sumter County (Fla.) Hernando County (Fla.) Brevard County (Fla.) Volusia County (Fla.) Manayunk (Philadelphia, Pa.) Is Part Of <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank">William MacKinnon Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Language eng Type Collection Coverage Sanford, Florida Manayunk Bank, Manayunk, Philadelphia, Pennsylvania New York City, New York Washington, D.C. Brussels, Belgium Gingelom, Belgium Hombourg, Belgium Berlin, Germany Florida Land and Colonization Company, London, England, United Kingdom Curator Cepero, Laura Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. "<a href="http://www.worldcat.org/oclc/4894931414" target="_blank">The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Kendall, John S. <a href="http://www.worldcat.org/oclc/1836396" target="_blank">History of New Orleans</a>. Chicago: Lewis Publishing Company, 1922. Description The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Contributor <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> Provenance Collection dontated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Collection loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Collection acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection items are housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. <a href="http://riches.cah.ucf.edu/" target="_blank">RICHES of Central Florida</a> has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Document A resource containing textual data. Note that facsimiles or images of texts are still of the genre text. Original Format 1-page handwritten letter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title Letter from A. W. Macfarlane to Henry Shelton Sanford (April 28, 1884) Alternative Title Letter from Macfarlane to Sanford (April 28, 1884) Subject Sanford, Henry Shelton, 1823-1891 Investments, British--United States Sanford (Fla.) Description A letter from A. W. Macfarlane to Henry Shelton Sanford dated April 28, 1884. Macfarlane was the secretary for the Florida Land and Colonization Company from 1884 until its dissolution in 1892. Presumably, he worked in the company's main office, located at 13 Austin Friars in the business district of London, United Kingdom. In this letter, Macfarlane made reference to the transfer of 250 company shares to Mr. I. I. Foulkrod. The shares, forwarded at Sanford's request, were valued at £20 each for a total value of £5,000. The Florida Land and Colonization Company (FLCC) was a joint-stock venture that invested in Florida land development and sales in the 1880s and early 1890s. The company was formed by Henry Shelton Sanford (1823-1891) with help from a group of British investors. The original impetus for the company's formation was Sanford's inability to continue his land acquisition and development efforts in Florida independently. In 1879, faced with financial difficulties, Sanford turned to a trusted associate in the United Kingdom, a Scottish industrialist named Sir William Mackinnon (1823-1893), to help him attract investors. The formation of the company was in large part due to the efforts of MacKinnon, whose reputation and influence helped bring investors on board. Located at 13 Austin Friars, the company was officially registered in London on June 10, 1880. With the formation of the FLCC, all of Henry Sanford's Florida properties were transferred to the company in exchange for a £10,000 cash payment and another £50,000 in company stock. The one-time cash payment was a needed reprieve for Sanford, who faced financial difficulties by the end of the 1870s. The board of directors included Mackinnon, as well as W. C. Gray and Edwyn Sandys Dawes, partners in Gray-Dawes and Company, a London-based banking and investment house. Other directors included Alexander Fraser, Anthony Norris, George A. Thomson, and Eli Lee. Sanford was named President and Chairman of the Board. In 1880, the company owned 26,000 acres scattered across Florida, including in the cities of Jacksonville, St. Augustine, and Sanford, as well as in Alachua County and Marion County. Almost from the outset, there was serious friction between the British board members and Henry Sanford. Disagreements erupted over business strategy, as Sanford frequently proposed initiatives deemed too bold for the cautious British investors. From 1882 to 1892, the company saw steady, if meager, profits. Most of its income came from the sale of lots in the city of Sanford. From 1885 until 1890, the company, while remaining solvent, continued to see declining profits. From 1886 to 1890, the profits were so modest that the company declined to pay dividends on its yearly profits. Needed improvements and developments in the city of Sanford during the late 1880s sapped much of the company's income. Following Henry Sanford's death in 1891, many of the investors lost the motivation to continue. On September 15, 1892, the various directors acted to dissolve the company. Its assets, including roughly 65,000 acres of Florida land, were divided among shareholders. Type Text Source Original letter from A. W. Macfarlane to Henry Shelton Sanford, April 28, 1884: box 54, folder 1, subfolder 1.1, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. Is Part Of Box 54, folder 1, subfolder 1.1, Henry Shelton Sanford Papers, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a>, Sanford, Florida. <a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank">Florida Land Colonization Company Collection</a>, Henry Shelton Sanford Papers Collection, RICHES of Central Florida. Is Format Of Digital reproduction of original letter from A. W. Macfarlane to Henry Shelton Sanford, April 28, 1884. Coverage Florida Land and Colonization Company, London, England, United Kingdom Washington, D.C. Creator Macfarlane, A. W. Date Created 1884-04-28 Format image/jpg Extent 258 KB Medium 1-page handwritten letter Language eng Mediator History Teacher Economics Teacher Provenance Originally created by A. W. Macfarlane. Donated to the <a href="http://www.chs.org/" target="_blank">Connecticut Historical Society</a> after 1901. Loaned to the <a href="http://www.tn.gov/tsla/" target="_blank">Tennessee State Library and Archives</a> for processing until June 1, 1960. Acquired by the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in 1960. Rights Holder The displayed collection item is housed at the General Henry S. Sanford Memorial Library, <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> in Sanford, Florida. Rights to this item belong to the said institution, and therefore inquiries about the item should be directed there. RICHES of Central Florida has obtained permission from the <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> to display this item for educational purposes only. Accrual Method Donation Curator Fedorka, Drew M. Digital Collection <a href="https://richesmi.cah.ucf.edu/map/" target="_blank">RICHES MI</a> Source Repository <a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank">Sanford Museum</a> External Reference Fry, Joseph A. <a href="http://www.worldcat.org/oclc/8475473" target="_blank">Diplomacy and Business in Nineteenth-Century America</a>. Reno, NV: University of Nevada Press, 1982. Tischendorf, Alfred P. "<a href="http://www.worldcat.org/oclc/35894049" target="_blank">Florida and the British Investor: 1880-1914</a>." Florida Historical Quarterly 33, no. 2 (Oct. 1954): 120-129. Amundson, Richard J. <a href="http://www.worldcat.org/oclc/5544058697" target="_blank">"The Florida Land and Colonization Company</a>." Florida Historical Quarterly 44, no. 3 (Jan. 1966): 153-168. Munro, J. Forbes. <a href="http://www.worldcat.org/oclc/57653564">Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893</a>. Rochester, NY: Boydell Press, 2003. Austin Friars FLCC Florida Land and Colonization Company Foulkrod, I. I. investment Macfarlane, A. W. Sanford Sanford, Henry Shelton share