Southern Life Insurance and Trust Co. of Florida dated 1839 - $1,000 BondInv# GB5587 Bond
$1,000 or £225 Sterling 5% Sinking Fund Bond.
Only 400 issued. The company underwrote various insurances but operated mainly as a bank and also issued notes in the Territory. These bonds form part of the repudiated debt of the State of Florida. (From Lot-Art.com)
St. Augustine (Spanish: San Agustín) is a city in the Southeastern United States, on the Atlantic coast of northeastern Florida. Founded in 1565 by Spanish explorers, it is the oldest continuously-inhabited European-established settlement in what is now the contiguous United States.
St. Augustine was founded on September 8, 1565, by Spanish admiral Pedro Menéndez de Avilés, Florida's first governor. He named the settlement "San Agustín", as his ships bearing settlers, troops, and supplies from Spain had first sighted land in Florida eleven days earlier on August 28, the feast day of St. Augustine. The city served as the capital of Spanish Florida for over 200 years. It was designated as the capital of British East Florida when the colony was established in 1763; Great Britain returned Florida to Spain in 1783.
Spain ceded Florida to the United States in 1819, and St. Augustine was designated the capital of the Florida Territory upon ratification of the Adams–Onís Treaty in 1821. The Florida National Guard made the city its headquarters that same year. The territorial government moved and made Tallahassee the capital of Florida in 1824.
The county seat of St. Johns County, St. Augustine is part of Florida's First Coast region and the Jacksonville metropolitan area. Since the late 19th century, St. Augustine's distinct historical character has made the city a tourist attraction.
Founded in 1565 by the Spanish conquistador Pedro Menéndez de Avilés, St. Augustine is the oldest continuously occupied settlement of European origin in the contiguous United States. It is the second-oldest continuously inhabited city of European origin in United States territory after San Juan, Puerto Rico (founded in 1521). In 1560, King Philip II of Spain appointed Menéndez as Captain General, and his brother Bartolomé Menéndez as Admiral, of the Fleet of the Indies. Thus Pedro Menéndez commanded the galleons of the great Armada de la Carrera, or Spanish Treasure Fleet, on their voyage from the Caribbean and Mexico to Spain, and determined the routes they followed.
In early 1564 he asked permission to go to Florida to search for La Concepcion, the galeon Capitana, or flagship, of the New Spain fleet commanded by his son, Admiral Juan Menéndez. The ship had been lost in September 1563 when a hurricane scattered the fleet as it was returning to Spain, at the latitude of Bermuda off the coast of South Carolina. The crown repeatedly refused his request.
In 1565, however, the Spanish decided to destroy the French outpost of Fort Caroline, located in what is now Jacksonville. The crown approached Menéndez to fit out an expedition to Florida on the condition that he explore and settle the region as King Philip's adelantado, and eliminate the Huguenot French, whom the Catholic Spanish considered to be dangerous heretics.
Menéndez was in a race to reach Florida before the French captain Jean Ribault, who was on a mission to secure Fort Caroline. On August 28, 1565, the feast day of St. Augustine of Hippo, Menéndez's crew finally sighted land; the Spaniards continued sailing northward along the coast from their landfall, investigating every inlet and plume of smoke along the shore. On September 4, they encountered four French vessels anchored at the mouth of a large river (the St. Johns), including Ribault's flagship, La Trinité. The two fleets met in a brief skirmish, but it was not decisive. Menéndez sailed southward and landed again on September 8, formally declared possession of the land in the name of Philip II, and officially founded the settlement he named San Agustín (Saint Augustine). At the landing spot, Father Francisco López de Mendoza Grajales celebrated the first Catholic mass offered in the colony. The settlement was built in the former Timucua village of Seloy; its location was chosen for its defensibility and proximity to a fresh water artesian spring.
A French attack on St. Augustine was thwarted by a violent squall that ravaged the French naval forces. Taking advantage of this, Menéndez marched his troops overland to Fort Caroline on the St. Johns River, about 30 miles (50 km) north. The Spanish easily overwhelmed the lightly defended French garrison, which had been left with only a skeleton crew of 20 soldiers and about 100 others, killing most of the men and sparing about 60 women and children. The bodies of the victims were hung in trees with the inscription: "Hanged, not as Frenchmen, but as "Lutherans" (heretics)." Menéndez renamed the fort San Mateo and marched back to St. Augustine, where he discovered that the shipwrecked survivors from the French ships had come ashore to the south of the settlement. A Spanish patrol encountered the remnants of the French force, and took them prisoner. Menéndez accepted their surrender, but then executed all of them except a few professing Catholics and some Protestant workers with useful skills, at what is now known as Matanzas Inlet (Matanzas is Spanish for "slaughters"). The site is very near the national monument Fort Matanzas, built in 1740-1742 by the Spanish.
Succeeding governors of the province maintained a peaceful coexistence with the local Native Americans, allowing the isolated outpost of St. Augustine some stability for a few years. On May 28 and 29, 1586, soon after the Anglo-Spanish War began between England and Spain, the English privateer Sir Francis Drake sacked and burned St. Augustine. The approach of his large fleet obliged Governor Pedro Menéndez Márquez and the townspeople to evacuate the settlement. When the English got ashore, they seized some artillery pieces and a royal strongbox containing gold ducats (which was the garrison payroll). The killing of their sergeant major by the Spanish rearguard caused Drake to order the town razed to the ground.
In 1609 and 1611, expeditions were sent out from St. Augustine against the English colony at Jamestown. In the second half of the 17th century, groups of Indians from the colony of Carolina conducted raids into Florida and killed the Franciscan priests who served at the Catholic missions. Requests by successive governors of the province to strengthen the presidio’s garrison and fortifications were ignored by the Spanish Crown which had other priorities in its vast empire. The charter of 1663 for the new Province of Carolina, issued by King Charles II of England, was revised in 1665, claiming lands as far southward as 29 degrees north latitude, about 65 miles south of the existing settlement at St. Augustine.
The English buccaneer Robert Searle sacked St. Augustine in 1668, after capturing some Spanish supply vessels bound for the settlement and holding their crews at gun point while his men hid below decks. Searle was retaliating for the Spanish destruction of the settlement of New Providence in the Bahamas. Searle and his men killed sixty people and pillaged public storehouses, churches and houses. This raid and the establishment of the English settlement at Charles Town spurred the Spanish Crown to finally acknowledge the vulnerability of St. Augustine to foreign incursions and strengthen the city's defenses. In 1669, Queen Regent Mariana ordered the Viceroy of New Spain to disburse funds for the construction of a permanent masonry fortress, which began in 1672. Before the fortress was completed, French buccaneers Michel de Grammont and Nicolas Brigaut planned an ill-fated attack in 1686 which was foiled: their ships were run aground, Grammont and his crew were lost at sea, and Brigaut was captured ashore by Spanish soldiers. The Castillo de San Marcos was completed in 1695, not long before an attack by James Moore's forces from Carolina in November, 1702. Failing to capture the fort after a siege of 58 days, the British set St. Augustine ablaze as they retreated.
In 1738, the governor of Spanish Florida, Manuel de Montiano, ordered a settlement be constructed two miles north of St. Augustine for the growing Free Black community established by fugitive slaves who had escaped into Florida from the Thirteen Colonies. This new community, Fort Mose, would serve as a military outpost and buffer for St. Augustine, as the men accepted into Fort Mose had enlisted in the colonial militia and converted to Catholicism in exchange for their freedom.
The 1763 Treaty of Paris, signed after Great Britain's victory over France and Spain during the Seven Years' War, ceded Florida to Great Britain in exchange for the return of Havana and Manila. The vast majority of Spanish colonists in the region left Florida for Cuba, Florida became Great Britain's fourteenth and fifteenth North American colonies, and because of the political sympathies of its British inhabitants, St. Augustine became a Loyalist haven during the American Revolutionary War.
After the mass exodus of St. Augustinians, Great Britain sought to repopulate its new colony. The London Board of Trade advertised 20,000-acre lots to any group that would settle in Florida within ten years, with one resident per 100 acres. Pioneers who were "energetic and of good character" were given 100 acres of land and 50 additional acres for each family member they brought. Under Governor James Grant, almost three million acres of land were granted in East Florida alone. Second stories were added to existing Spanish homes and new houses were built. Cattle ranching and plantation agriculture began to thrive.
During the twenty-year period of British rule, Britain took command of both the Castillo de San Marcos (renamed Fort St. Mark) and of Fort Matanzas. They permanently stationed a small group of men at Fort Matanzas. Once war broke out, loyalist St. Augustine residents burned effigies of Patriots Samuel Adams and John Hancock in the plaza. Fort St. Mark became a training and supply base, as well a prisoner-of-war camp where three signers of the Declaration of Independence and South Carolina's lieutenant governor Christopher Gadsden were held. Local militia composed of Florida, Georgia, and Carolina inhabitants formed the East Florida Rangers in 1776 and were reorganized to form the King's Rangers in 1779. Spanish General Bernardo de Gálvez, harassed the British in West Florida and captured Pensacola. Fears that the Spanish would then move to capture St. Augustine, however, proved unfounded.
The 1783 Treaty of Paris, which recognized the independence of the Thirteen Colonies as the United States, ceded Florida back to Spain and returned the Bahamas to Britain. As a result, some of the town's Spanish residents returned to St Augustine. Refugees from Dr. Andrew Turnbull's troubled colony in New Smyrna had fled to St. Augustine in 1777, made up the majority of the city's population during the period of British rule, and remained when the Spanish Crown took control again. This group was, and still is, referred to locally as "Menorcans", even though it also included settlers from Italy, Corsica and the Greek islands.
During the Second Spanish period (1784–1821) of Florida, Spain was dealing with invasions of the Iberian peninsula by Napoleon's armies in the Peninsular War, and struggled to maintain a tenuous hold on its territories in the western hemisphere as revolution swept South America. The royal administration of Florida was neglected, as the province had long been regarded as an unprofitable backwater by the Crown. The United States, however, considered Florida vital to its political and military interests as it expanded its territory in North America, and maneuvered by sometimes clandestine means to acquire it. The Adams–Onís Treaty, negotiated in 1819 and ratified in 1821, ceded Florida and St. Augustine, still its capital at the time, to the United States.
According to the Adams–Onís Treaty, the United States acquired East Florida and absolved Spain of $5 million of debt. Spain renounced all claims to West Florida and the Oregon Country. Andrew Jackson returned to Florida in 1821, upon ratification of the treaty, and established a new territorial government. Americans from older plantation societies of Virginia, Georgia, and the Carolinas began to move to the area. West Florida was quickly consolidated with East and the new capital of Florida became Tallahassee, halfway between the old capitals of St. Augustine and Pensacola, in 1824.
Once many Americans had begun to immigrate to the new territory, it became apparent that there would be continued skirmishes with local Creek and Miccosukee peoples and white settlers encroaching on their land. The United States government favored removal policies, but local indigenous groups in Florida refused to leave without fighting. The nineteenth century saw three Seminole Wars. In 1823, territorial governor William Duval and James Gadsden signed the Treaty of Moultrie Creek, forcing Seminoles onto a four million acre reservation in central Florida. The Second Seminole War (1835–1842) was the longest war of Indian removal and resulted when the United States government attempted to move the Seminole people from Central Florida to a Creek reservation west of the Mississippi River. As a result of the Seminole War, Seminole prisoners were held captive in the Castillo de San Marcos, renamed Fort Marion after General Francis Marion, who fought in the American Revolution, in the 1830s.
By 1840, the territory's population had reached 54,477 people. Half the population were enslaved Africans. Steamboats were popular on the Apalachicola and St. Johns River and there were several plans for railroad construction. The territory south of present-day Gainesville was sparsely populated by whites.
In 1845 the Florida Territory was admitted into the Union as the State of Florida.
Florida joined the Confederacy after the Civil War began in 1861, and Confederate authorities remained in control of St. Augustine for fourteen months, although it was barely defended. The Union conducted a blockade of shipping. In 1862 Union troops gained control of St. Augustine and controlled it through the rest of the war. With the economy already suffering, many residents fled.
Henry Flagler, a co-founder with John D. Rockefeller of the Standard Oil Company, spent the winter of 1883 in St. Augustine and found the city charming, but considered its hotels and transportation systems inadequate. He had the idea to make St. Augustine a winter resort for wealthy Americans from the north, and to bring them south he bought several short line railroads and combined these in 1885 to form the Florida East Coast Railway. He built a railroad bridge over the St. Johns River in 1888, opening up the Atlantic coast of Florida to development.
Flagler finished construction in 1887 on two large ornate hotels in the city, the 450-room Hotel Ponce de Leon and the 250-room Hotel Alcazar. The next year, he purchased the Casa Monica Hotel (renaming it the Cordova Hotel) across the street from both the Alcazar and the Ponce de Leon. His chosen architectural firm, Carrère and Hastings, radically altered the appearance of St. Augustine with these hotels, giving it a skyline and beginning an architectural trend in the state characterized by the use of the Spanish Renaissance Revival and Moorish Revival styles. With the opening of the Ponce de Leon in 1888, St. Augustine became the winter resort of American high society for a few years.
When Flagler's Florida East Coast Railroad was extended southward to Palm Beach and then Miami in the early 20th century, the wealthy stopped in St. Augustine en route to the southern resorts. Wealthy vacationers began to customarily spend their winters in South Florida, where the climate was warmer and freezes were rare. St. Augustine nevertheless still attracted tourists, and eventually became a destination for families traveling in automobiles as new highways were built and Americans took to the road for annual summer vacations. The tourist industry soon became the dominant sector of the local economy.
In late 1963, nearly a decade after the Supreme Court ruling in Brown v. Board of Education that segregation of schools was unconstitutional, African Americans were still trying to get St. Augustine to integrate the public schools in the city. They were also trying to integrate public accommodations, such as lunch counters, and were met with arrests and Ku Klux Klan violence. Local college students held non-violent protests throughout the city, including sit-ins at the local Woolworth's, picket lines, and marches through the downtown. These protests were often met with police violence. Homes of African Americans were firebombed, black leaders were assaulted and threatened with death, and others were fired from their jobs.
In the spring of 1964, St. Augustine civil rights leader Robert Hayling asked the Southern Christian Leadership Conference (SCLC) and its leader Martin Luther King Jr. for assistance. From May until July 1964, King and Hayling, along with Andrew Young, organized marches, sit-ins, and other forms of peaceful protest in St. Augustine. Hundreds of black and white civil rights supporters were arrested, and the jails were filled to capacity. At the request of Hayling and King, white civil rights supporters from the North, including students, clergy, and well-known public figures, came to St. Augustine and were arrested together with Southern activists.
St. Augustine was the only place in Florida where King was arrested; his arrest there occurred on June 11, 1964, on the steps of the Monson Motor Lodge's restaurant. The demonstrations came to a climax when a group of black and white protesters jumped into the hotel's segregated swimming pool. In response to the protest, James Brock, the manager of the hotel and the president of the Florida Hotel & Motel Association, poured what he claimed to be muriatic acid into the pool to burn the protesters. Photographs of this, and of a policeman jumping into the pool to arrest the protesters, were broadcast around the world.
The Ku Klux Klan responded to these protests with violent attacks that were widely reported in national and international media. Popular revulsion against the Klan and police violence in St. Augustine generated national sympathy for the black protesters and became a key factor in Congressional passage of the Civil Rights Act of 1964, leading eventually to passage of the Voting Rights Act of 1965, both of which provided federal enforcement of constitutional rights.
In 1965, St. Augustine celebrated the 400th anniversary of its founding, and jointly with the State of Florida, inaugurated a program to restore part of the colonial city. The Historic St. Augustine Preservation Board was formed to reconstruct more than thirty-six buildings to their historical appearance, which was completed within a few years. When the State of Florida abolished the Board in 1997, the City of St. Augustine assumed control of the reconstructed buildings, as well as other historic properties including the Government House. In 2010, the city transferred control of the historic buildings to UF Historic St. Augustine, Inc., a direct support organization of the University of Florida.
On October 7, 2016 Hurricane Matthew caused widespread flooding in downtown St. Augustine.
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.