Georgia Asylum Land Company papers

Georgia Asylum Land Company papers

Descriptive Summary

Repository: Hargrett Manuscripts
Creator: Georgia Asylum Land Company.
Title: Georgia Asylum Land Company papers
Dates: 1802, 1923
Quantity: 1.0 folder
Coll. Number: ms2865

Biographical/Historical Note

George Sibbald, a Maryland businessman residing in Georgia announced the formation of the Georgia Asylum Company. Sibbald had "acquired" over 500,000 acres of pine barren land in Georgia - 140,000 acres of which he had purchased at a tax sale in Montgomery County for thirty dollars. Sibbald proposed to bring poor immigrants in from northern states and from Europe to settle these lands. He likened the climate of the region to that of southern France and Itlay and claimed that cotton, wheat, sweet potatoes, and peaches, as well as exotic crops such as figs, almonds, olives, oranges, and lemons, could be profitably grown there. His company was to have lands cleared, houses built, and sawmills, gristmills, cotton gins, and blacksmith shops in operable condition by the time the settlers arrived to purchase the lands. Sibbald even received a temporary suspension of taxes on lands from the legislature, provided he brought in a requisite number of settlers within a given time. Needless to say, this harebrained scheme never got off the ground. A few years later the legislature ordered Sibbald's "Lands" sold for the accumulated taxes owed, implicitly recognizing that it would be difficult to find buyers. Georgia land surveying history and law / Farris W. Cadle p. 103-104.


Scope and Content Note

The collection consists of a certificate signed by George Sibbald from the Georgia Asylum Land Company certifying that the bearer is entitled to one share (200 acres of land) in the company. Payment dates of 1802 through 1810 are mentioned. Also two accompanying letters dated 1923 between the donor of the certificate, Albert Heusser, and the State Librarian, Maud B. Cobb.


Index Terms

Cobb, Maud Barker, d. 1925
Correspondence
Heusser, Albert H., (Albert Henry), 1886-1929
Land companies--Georgia--History.
Sibbald, George, of Augusta
Stock certificates--Georgia.
Stock certificates.

Administrative Information

Preferred Citation

Georgia Asylum Land Company papers, ms 2865. Hargrett Rare Book and Manuscript Library, The University of Georgia Libraries.


Series Descriptions and Folder Listing

 
Box
1Papers, 1802, 1923