Beautifully engraved RARE Gold Bond Certificate from the Baca Land Grant Corporation issued in 1902. This historic document was printed by the American Banknote Company, New York and has an ornate border around it with a vignette of surveyors. This item has the signatures of the Company’s officers. 56 coupons attached on top. This is the first time we have had this bond for sale and we only have one.
Baca Land Grant Company. This company had an office in 1905 at 170 Broadway. New York City, and subsequently moved to 42 Broadway.
In 1823, King Ferdinand VII of Spain granted 500,000 acres of land to Luis Maria Cabeza de Baca and his 19 sons in what is now Las Vegas, New Mexico. The grant was known as the Baca Grant and was intended to provide for Vaca's sons and 600 horses and mules. However, the Spanish authorities approved the grant after Mexico had won its independence in 1821, which caused problems from the beginning.owever, the Spanish authorities approved the grant after Mexico had won its independence in 1821, which caused problems from the beginning.