1 100 1 https://richesmi.cah.ucf.edu/omeka/files/original/9dec8a127efe852cb7ce3034a08b9a50.jpg 27ec4cce9a495d591bb1091526a04270 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 (May 12, 1885) Alternative Title Letter from Macfarlane to Sanford (May 12, 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 May 12, 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. Based on this letter, it appears that Sanford had previously proposed the construction of a tramway light railway within the company's property in Florida. Macfarlane informed Sanford that the matter had not yet been discussed among board members and that the subject would be discussed at a later date. Macfarlane added that the previous meeting had been dedicated to the reviewing of company accounts. Subsequent correspondence from Macfarlane, resumed in September 1885, did not make further reference to the proposed tramway and it is unclear if the idea was ever pursued. However, based on the strained relationship between Sanford and the other company board members, as well as their general mistrust of Sanford's business proposals, it is possible that the board purposefully delayed discussing the matter with the intent of preventing it from materializing. 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, May 12, 1885: box 54, folder 1, subfolder 54.1.12, 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 1.12, 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, May 12, 1885. Coverage Florida Land and Colonization Company, London, England, United Kingdom Brussels, Belgium Florida Creator Macfarlane, A. W. Date Created 1885-05-12 Format image/jpg Extent 118 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 board of directors construction finance FLCC Florida Land and Colonization Company investment light railway Macfarlane, A. W. railroad Sanford Sanford, Henry Shelton tramway