Letter from William Beardall to Henry Shelton Sanford (February 15, 1884)
Dublin Core
Title
Letter from William Beardall to Henry Shelton Sanford (February 15, 1884)
Alternative Title
Letter from Beardall to Sanford (February 15, 1884)
Subject
Real estate--Florida
Investments--Florida
Description
A letter from William Beardall to Henry Shelton Sanford (1823-1891), dated February 15, 1884. In the letter, Beardall provided updates of several buyers' payments. He noted that J. C. Thorpe and D. B. Graves "are paid up all" and that George E. Rogers is "awaiting delivery of deed." Gustaf Lundquist, he added, "owes $100 which he is willing to pay on delivery of deed."
Beardall was an Englishman who worked for the Florida Land and Colonization Company (FLCC) at its local office in Sanford, Florida. He served as an assistant to the company agent, E. R. Trafford. Beardall had worked previously for the Scottish industrialist Sir William MacKinnon before joining the FLCC. The 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 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.
Beardall was an Englishman who worked for the Florida Land and Colonization Company (FLCC) at its local office in Sanford, Florida. He served as an assistant to the company agent, E. R. Trafford. Beardall had worked previously for the Scottish industrialist Sir William MacKinnon before joining the FLCC. The 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 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.
Creator
Beardall, William
Source
Original letter from William Beardall to Henry Shelton Sanford, February 15, 1884: box 54, folder 18, subfolder 54.18.16, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, Sanford Museum, Sanford, Florida.
Date Created
1884-02-15
Is Format Of
Digital reproduction of original letter from William Beardall to Henry Shelton Sanford, February 15, 1884.
Is Part Of
Box 54, Folder 18, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, Sanford Museum, Sanford, Florida.
Florida Land Colonization Company Collection, Henry Shelton Sanford Papers Collection, RICHES of Central Florida.
References
Original letter from E. R. Trafford per William Beardall to Henry Shelton Sanford, February 6, 1884: box 54, folder 18, subfolder 54.18.13, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, Sanford Museum, Sanford, Florida.
Original letter from E. R. Trafford per William Beardall to Henry Shelton Sanford, February 13, 1884: box 54, folder 18, subfolder 54.18.15, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, Sanford Museum, Sanford, Florida.
Format
image/jpg
Extent
112 KB
Medium
1-page handwritten letter
Language
eng
Type
Text
Coverage
Sanford, Florida
Accrual Method
Donation
Mediator
History Teacher
Economics Teacher
Provenance
Originally created by William Beardall.
Donated to the Connecticut Historical Society after 1901.
Loaned to the Tennessee State Library and Archives for processing until June 1, 1960.
Donated by the General Henry S. Sanford Memorial Library, Sanford Museum in 1960.
Rights Holder
The displayed collection item is housed at the General Henry S. Sanford Memorial Library, Sanford Museum 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 Sanford Museum to display this item for educational purposes only.
Curator
Fedorka, Drew M.
Digital Collection
Source Repository
External Reference
Fry, Joseph A. Henry S. Sanford: Diplomacy and Business in Nineteenth-Century America. Reno, NV: University of Nevada Press, 1982.
Munro, J. Forbes. Maritime Enterprise and Empire: Sir William MacKinnon and His Business Network, 1823-1893. Rochester, NY: Boydell Press, 2003.
Document Item Type Metadata
Original Format
1-page handwritten letter
Collection
Citation
Beardall, William, “Letter from William Beardall to Henry Shelton Sanford (February 15, 1884),” RICHES, accessed April 26, 2024, https://richesmi.cah.ucf.edu/omeka/items/show/4265.