Baca Land Grant Corporation - dated 1902 Arizona Mortgage Co. Stock Certificate
Inv# GS5949 Stock
Stock. Excerpt from the History of the Baca Location No. 1, New Mexico from www.fs.fed.us:
38USDA Forest Service RMRS-GTR-196. 2007 The Town of Las Vegas Grant was surveyed in 1860 for a total of 496,447 acres (200,901 ha). The Baca Land Grant heirs received scrip for an equivalent amount of land. They promptly chose five tracts measuring 99,289 acres (40,180 ha). Each appears as a distinctive square on historical land grant maps. All five tracts were in the Territory of New Mexico in 1860. Due to subsequent boundary changes, two parcels are now in Arizona, and one in Colorado.The first tract, called Baca Float No. 1 because it was “floated” or relocated from the original grant, was located in Sandoval County, New Mexico, on December 6, 1860.
Its original description was: Beginning at a point 2½ miles (4 km) west of the corner of Townships 19 and 20 North and Range 4 and 5 East, N.M.P.M., and thence North, South, East and West from said center point a sufficient distance to embrace 99,289.39 acres (40,180.24 ha) (Bowden 1969:799). This boundary encompassed the Valle Grande, the Valle San Antonio, the Valle Santa Rosa, and Redondo Creek, lands subsequently known as Baca Location.Baca Float No. 2, in San Miguel County north of Tucumcari, was patented in 1860. Baca Float No. 3, now in Arizona, was subsequently relinquished due to conflicts with a prior grant. Baca Float No. 4, in Saguache County, Colorado, was patented in 1900. Baca Float No. 5, in Yavapai County, Arizona, was patented in 1865 (Bowden 1969:799ff).
Also related: The Mexican government made grants from the Bartolomé Baca grant to other settlers in 1829, 1834 and 1841. The United States occupied the territory in 1846, introducing a new land tenure system, while original records of sale were lost. This was to lead to long-running legal disputes over ownership, eventually going to the Supreme Court of the United States in 1897, which found that there was no proof Baca had ever owned the land. Read more at https://en.wikipedia.org/wiki/Bartolom%C3%A9_Baca#Bartolom%C3%A9_Baca_land_grant
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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