Consolidated Association of the Planters Bond dated 1836 - State of Louisiana signed by Governor Edward Douglass White SeniorInv# ES1018 Bond
New Orleans, Louisiana. $1,000 5% State Bond. Printed by G. Brusle. This early bond issued from New Orleans is signed by Gov. E.D. White. Also attached to another bond dated 1866 with coupons allowing final payment be made in the 1870's. The Pair.
Edward Douglass White (March 3, 1795 – April 18, 1847) was tenth Governor of Louisiana and a member of the United States House of Representatives. He served five non-consecutive terms in Congress, as an adherent of Henry Clay of Kentucky and the Whig Party.
White was born in Maury County, Tennessee, the illegitimate son of James White. (Although his parents apparently never married, his father acknowledged him, and the circumstances of his birth did not impede his education or future success.) James White was a delegate to the Continental Congress. While a young boy, Edward moved with his father to Louisiana.
In 1815, White graduated from the former University of Nashville, afterward beginning a law practice in Donaldsonville, Louisiana, the seat of Ascension Parish, south of Baton Rouge. Ten years later, he was appointed by Governor Henry S. Johnson, also of Donaldsonville, as an Associate Judge of the New Orleans Municipal Court in 1825.
Elected to the 21st United States Congress in 1828, White served three terms from 1829 until his resignation in 1834 after being elected as governor. He served a single term as governor (1835–1839). Afterward, he was elected to the US Congress again, serving two more terms from 1839 until 1843.
White was among the survivors of the steamboat Lioness explosion that occurred on the Red River south of Natchitoches on May 19, 1833. He died in New Orleans and was buried at St. Joseph's Catholic Cemetery in Thibodaux, Louisiana. His home in Thibodaux is now operated by the Louisiana State Museum as the Edward Douglass White Historic Site.
White's son Edward Douglass White Jr. was elected by the state legislature as a United States senator from Louisiana. He was appointed as an Associate Justice of the United States Supreme Court, later appointed 9th Chief Justice by U.S. President William Howard Taft.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.