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                  <text>Florida Land Colonization Company Collection</text>
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                  <text>FLCC Collection</text>
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                  <text>Sanford, Henry Shelton, 1823-1891</text>
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                  <text>Sanford (Fla.)</text>
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                  <text>Mackinnon, William, 1823-1893</text>
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                  <text>Polk County (Fla.)</text>
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                  <text>Sumter County (Fla.)</text>
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                  <text>Hernando County (Fla.)</text>
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                  <text>Brevard County (Fla.)</text>
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                  <text>Volusia County (Fla.)</text>
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                  <text>Manayunk (Philadelphia, Pa.)</text>
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                  <text>&lt;a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/107" target="_blank"&gt;William MacKinnon Collection&lt;/a&gt;, Henry Shelton Sanford Papers Collection, RICHES of Central Florida.</text>
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                  <text>Sanford, Florida</text>
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                  <text>Manayunk Bank, Manayunk, Philadelphia, Pennsylvania</text>
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                  <text>New York City, New York</text>
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                  <text>Washington, D.C.</text>
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                  <text>Brussels, Belgium</text>
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                  <text>Gingelom, Belgium</text>
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                  <text>Hombourg, Belgium</text>
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                  <text>Florida Land and Colonization Company, London, England, United Kingdom</text>
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              <name>Curator</name>
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                  <text>Cepero, Laura</text>
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                <elementText elementTextId="511653">
                  <text>Fedorka, Drew M.</text>
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              <name>Digital Collection</name>
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                <elementText elementTextId="459694">
                  <text>&lt;a href="https://richesmi.cah.ucf.edu/map/" target="_blank"&gt;RICHES MI&lt;/a&gt;</text>
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                <elementText elementTextId="459695">
                  <text>General Henry S. Sanford Memorial Library, &lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt;</text>
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              <name>External Reference</name>
              <description/>
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                <elementText elementTextId="459696">
                  <text>&lt;span&gt;Fry, Joseph A. &lt;/span&gt;&lt;a href="http://www.worldcat.org/oclc/8475473" target="_blank"&gt;&lt;em&gt;Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America&lt;/em&gt;&lt;/a&gt;&lt;span&gt;. Reno, NV: University of Nevada Press, 1982.&lt;/span&gt;</text>
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                  <text>Tischendorf, Alfred P. "&lt;a href="http://www.worldcat.org/oclc/35894049" target="_blank"&gt;Florida and the British Investor: 1880-1914&lt;/a&gt;." &lt;em&gt;Florida Historical Quarterly&lt;/em&gt; 33, no. 2 (Oct. 1954): 120-129.</text>
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                  <text>Amundson, Richard J. "&lt;a href="http://www.worldcat.org/oclc/4894931414" target="_blank"&gt;The Florida Land and Colonization Company&lt;/a&gt;." &lt;em&gt;Florida Historical Quarterly&lt;/em&gt; 44, no. 3 (Jan. 1966): 153-168.</text>
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                  <text>Munro, J. Forbes. &lt;a href="http://www.worldcat.org/oclc/57653564"&gt;&lt;em&gt;Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893&lt;/em&gt;&lt;/a&gt;. Rochester, NY: Boydell Press, 2003.</text>
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                  <text>Kendall, John S. &lt;a href="http://www.worldcat.org/oclc/1836396" target="_blank"&gt;&lt;em&gt;History of New Orleans&lt;/em&gt;&lt;/a&gt;. Chicago: Lewis Publishing Company, 1922.</text>
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                  <text>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.&lt;br /&gt;&lt;br /&gt;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. &lt;br /&gt;&lt;br /&gt;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.</text>
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                  <text>&lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt;</text>
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              <name>Provenance</name>
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                <elementText elementTextId="511649">
                  <text>&lt;span&gt;Collection dontated to the &lt;/span&gt;&lt;a href="http://www.chs.org/" target="_blank"&gt;Connecticut Historical Society&lt;/a&gt;&lt;span&gt; after 1901.&lt;/span&gt;</text>
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                  <text>&lt;span&gt;Collection loaned to the &lt;/span&gt;&lt;a href="http://www.tn.gov/tsla/" target="_blank"&gt;Tennessee State Library and Archives&lt;/a&gt;&lt;span&gt; for processing until June 1, 1960.&lt;/span&gt;</text>
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                <elementText elementTextId="511651">
                  <text>&lt;span&gt;Collection acquired by the General Henry S. Sanford Memorial Library, &lt;/span&gt;&lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt;&lt;span&gt; in 1960.&lt;/span&gt;</text>
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                  <text>&lt;span&gt;The displayed collection items are housed at the General Henry S. Sanford Memorial Library, &lt;/span&gt;&lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt;&lt;span&gt; in Sanford, Florida. Rights to these items belong to the said institution, and therefore inquiries about items should be directed there. &lt;/span&gt;&lt;a href="http://riches.cah.ucf.edu/" target="_blank"&gt;RICHES of Central Florida&lt;/a&gt;&lt;span&gt; has obtained permission from the &lt;/span&gt;&lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt;&lt;span&gt; to display this item for educational purposes only.&lt;/span&gt;</text>
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                <text>Letter from William Beardall to Henry Shelton Sanford (November 26, 1886)</text>
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                <text>Beardall to Sanford (Nov. 26, 1886)</text>
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            <name>Subject</name>
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                <text>Sanford (Fla.)</text>
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              <elementText elementTextId="621998">
                <text> Winter Haven (Fla.)</text>
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              <elementText elementTextId="621999">
                <text> Tavares (Fla.)</text>
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                <text> Real estate--Florida</text>
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                <text> Railroads--Florida</text>
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                <text>A letter from William Beardall to Henry Shelton Sanford, dated November 26, 1886. Contents of the letter included the purchasing of 320 acres near Winter Haven for the Florida Land and Colonization Company (FLCC). He noted that the land was valued at $30 an acre and estimated that the presence of an unspecified Presbyterian College in the area would enhance the land value. Beardall also provided an update on affairs in Sanford, Florida. In particular, he wrote that he was "working now to secure the erection" of a "Palmetto Fibre Manufactory" in Sanford, an enterprise that he figured would produce five tons of fiber per day and employ upwards of 200 workers. The factory in question was proposed by the Diamond Match Company. However, he explained that there was competition with Alexander St. Clair Abrams who was trying to persuade the company to locate the Fiber Plant in Tavares. St. Clair Abrams was a lawyer who had previously worked with the FLCC to negotiate a bid for a million-acre plot of land from the Internal Improvement Fund Board. When the FLCC failed to finalize the bid, however, St. Clair Abrams sued the company and later Henry Sanford for compensation for his services rendered during the period. At the time of Beardall's 1886 letter, St. Clair Abrams' affiliation with the company had long since ended and he was in the process of a protracted lawsuit against Sanford, a suit that remained unsettled at the time of Sanford's death in 1891. Beardall warned that the FLCC would probably need "to give them land for the factory and a wharf lot near the Saw Mill in order to secure them at Sanford." This deal, he added, might also lead to an eventual paper mill as well, built by the same company. He ended his letter with some discussion of building a potential railroad depot in Sanford.&lt;br /&gt;&lt;br /&gt;William Beardall was an Englishman who worked for the FLCC at its local office in Sanford, Florida. He served as an assistant to the company agent, E. R. Trafford. He had worked previously for the Scottish industrialist Sir William MacKinnon before joining the FLCC, 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 with help from a group of British investors. Located at 13 Austin Friars in London, 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. 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 and Marion counties. 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. As a result of consistently meager profits from its inception, 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.</text>
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            <name>Source</name>
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              <elementText elementTextId="622004">
                <text>Original letter from William Beardall to Henry Shelton Sanford, November 26, 1884: box 54, folder 18, subfolder 54.18.39, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, &lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt;, Sanford, Florida.</text>
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            <name>Requires</name>
            <description/>
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                <text>&lt;a href="http://www.adobe.com/products/reader.html" target="_blank"&gt;Adobe Acrobat Reader&lt;/a&gt;</text>
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            <name>Is Part Of</name>
            <description/>
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              <elementText elementTextId="622006">
                <text>Box 54, Folder 18, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, &lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt;, Sanford, Florida.</text>
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                <text> &lt;a href="https://richesmi.cah.ucf.edu/omeka2/collections/show/98" target="_blank"&gt;Florida Land Colonization Company Collection&lt;/a&gt;, Henry Shelton Sanford Papers Collection, RICHES of Central Florida.</text>
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            <name>Is Format Of</name>
            <description/>
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                <text>Digital reproduction of original letter from William Beardall to Henry Shelton Sanford, November 26, 1884.</text>
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            <name>Coverage</name>
            <description/>
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              <elementText elementTextId="622009">
                <text>Florida Land and Colonization Company Office, Sanford, Florida</text>
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                <text> Winter Haven, Florida</text>
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              <elementText elementTextId="622011">
                <text> Tavares, Florida</text>
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            <name>Creator</name>
            <description/>
            <elementTextContainer>
              <elementText elementTextId="622012">
                <text>Beardall, William</text>
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            <description/>
            <elementTextContainer>
              <elementText elementTextId="622013">
                <text>1886-11-26</text>
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            <description/>
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            <description/>
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            <description/>
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                <text>2-page handwritten letter</text>
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            <name>Language</name>
            <description/>
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              <elementText elementTextId="622017">
                <text>eng</text>
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            <name>Mediator</name>
            <description/>
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              <elementText elementTextId="622018">
                <text>History Teacher</text>
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              <elementText elementTextId="622019">
                <text> Economics Teacher</text>
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          <element elementId="124">
            <name>Provenance</name>
            <description/>
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              <elementText elementTextId="622020">
                <text>Originally created by William Beardall.</text>
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              <elementText elementTextId="622021">
                <text> Donated to the &lt;a href="http://www.chs.org/" target="_blank"&gt;Connecticut Historical Society&lt;/a&gt; after 1901.</text>
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              <elementText elementTextId="622022">
                <text> Loaned to the &lt;a href="http://www.tn.gov/tsla/" target="_blank"&gt;Tennessee State Library and Archives&lt;/a&gt; for processing until June 1, 1960.</text>
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              <elementText elementTextId="622023">
                <text> Donated to the General Henry S. Sanford Memorial Library, &lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt; in 1960.</text>
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          <element elementId="125">
            <name>Rights Holder</name>
            <description/>
            <elementTextContainer>
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                <text>The displayed collection item is housed at the General Henry S. Sanford Memorial Library, &lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt; 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 &lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt; to display this item for educational purposes only.</text>
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              <elementText elementTextId="622026">
                <text>Fedorka, Drew M.</text>
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            <name>Digital Collection</name>
            <description/>
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              <elementText elementTextId="622027">
                <text>&lt;a href="https://richesmi.cah.ucf.edu/map/" target="_blank"&gt;RICHES MI&lt;/a&gt;</text>
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            <name>Source Repository</name>
            <description/>
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                <text>General Henry S. Sanford Memorial Library, &lt;a href="http://www.sanfordfl.gov/index.aspx?page=456" target="_blank"&gt;Sanford Museum&lt;/a&gt;</text>
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            <name>External Reference</name>
            <description/>
            <elementTextContainer>
              <elementText elementTextId="622029">
                <text>Fry, Joseph A. &lt;a href="http://www.worldcat.org/oclc/8475473" target="_blank"&gt;&lt;em&gt;Diplomacy and Business in Nineteenth-Century America&lt;/em&gt;&lt;/a&gt;. Reno, NV: University of Nevada Press, 1982.</text>
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                <text> Munro, J. Forbes. &lt;a href="http://www.worldcat.org/oclc/57653564"&gt;&lt;em&gt;Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893&lt;/em&gt;&lt;/a&gt;. Rochester, NY:</text>
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