Letter from E. R. Trafford per William Beardall to Henry Shelton Sanford (March 5, 1884)
Dublin Core
Title
Letter from E. R. Trafford per William Beardall to Henry Shelton Sanford (March 5, 1884)
Alternative Title
Letter from Trafford to Sanford (March 5, 1884)
Subject
Sanford (Fla.)
Real estate--Florida
Description
A letter from E. R. Trafford per William Beardall to Henry Shelton Sanford, dated March 5, 1884. In it he requested signatures for a number of enclosed deeds. He also noted that the Florida Land and Colonization Company (FLCC) made $12,684.20 for the month of February 1884, adding that it was an increase of $10,964.20 over the same period from the previous year.
Trafford was a company agent for the FLCC from 1882 to 1886. He served as the company’s local representative, managing the company office in Sanford, Florida. He was selected by the board of the FLCC, despite resistance from the President and Chairman of the Board, Henry Shelton Sanford. Unlike his predecessor, James Ingraham, Trafford provided Henry Sanford with little confidential, first-hand information about events in Florida. As a result, Sanford regularly advocated for Trafford’s replacement. However, the company’s other board members, distrustful of Henry Sanford’s business acumen, retained Trafford precisely because his first loyalties remained with the company in London and not Henry Sanford. His tenure as FLCC agent is reflective of the often tense relationship between Henry Sanford and his fellow board members as well as the increasingly limited influence Sanford had in company affairs. William Beardall, meanwhile, 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 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.
Trafford was a company agent for the FLCC from 1882 to 1886. He served as the company’s local representative, managing the company office in Sanford, Florida. He was selected by the board of the FLCC, despite resistance from the President and Chairman of the Board, Henry Shelton Sanford. Unlike his predecessor, James Ingraham, Trafford provided Henry Sanford with little confidential, first-hand information about events in Florida. As a result, Sanford regularly advocated for Trafford’s replacement. However, the company’s other board members, distrustful of Henry Sanford’s business acumen, retained Trafford precisely because his first loyalties remained with the company in London and not Henry Sanford. His tenure as FLCC agent is reflective of the often tense relationship between Henry Sanford and his fellow board members as well as the increasingly limited influence Sanford had in company affairs. William Beardall, meanwhile, 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 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
Trafford, E. R.
Beardall, William
Source
Original letter from E. R. Trafford per William Beardall to Henry Shelton Sanford, March 5, 1884: box 54, folder 18, subfolder 54.18.22, Henry Shelton Sanford Papers, General Henry S. Sanford Memorial Library, Sanford Museum, Sanford, Florida.
Date Created
1884-03-05
Is Format Of
Digital reproduction of original letter from E. R. Trafford per William Beardall to Henry Shelton Sanford, March 5, 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.
Format
image/jpg
Extent
133 KB
Medium
1-page handwritten letter
Language
eng
Type
Text
Coverage
Florida Land and Colonization Company Office, Sanford, Florida
Accrual Method
Donation
Mediator
History Teacher
Economics Teacher
Provenance
Originally created by E. R. Trafford and 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 to 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
General Henry S. Sanford Memorial Library, Sanford Museum
External Reference
Fry, Joseph A. 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:
Collection
Citation
Trafford, E. R. and Beardall, William, “Letter from E. R. Trafford per William Beardall to Henry Shelton Sanford (March 5, 1884),” RICHES, accessed November 21, 2024, https://richesmi.cah.ucf.edu/omeka/items/show/7689.