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Collection Reference Number GLC01528.01
From Archive Folder Documents Relating to 1798 
Title Robert Morris to William Walton Morris relating concerns over the North American Land Company
Date 7 April 1798
Author Morris, Robert (1734-1806)  
Recipient Morris, William Walton  
Document Type Correspondence; Business and financial document
Content Description Warns of attempt to plunder the North American Land Company. Advises William not to provide information concerning the company, unless requested in writing. Written from debtor's prison after the collapse of the company. With a rare copy of the original prospectus from 1795 (see GLC01528.02).
Subjects Land Transaction  Finance  Prisoner  
People Morris, Robert (1734-1806)  Morris, William Walton (d. 1832)  
Place written Philadelphia, Pennsylvania
Theme Merchants & Commerce; Law; Banking & Economics
Sub-collection The Gilder Lehrman Collection, 1493-1859
Additional Information Signer of the U.S. Constitution. The North American Land Company failed in 1798, because revenues from instalment sales and share sales did not come in quickly enough to meet the loan and tax deadlines, causing Morris to end up in debtors' prison.
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859
Related documents Plan of Association of the North American Land Company