Charleston and Savannah Rail Road $510,000 Mortgage Loan Bond, 1856 SOLD
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Charleston and Savannah Rail Road $510,000 Mortgage Loan Bond, #110, 15 x 13”, signed, “Thos. F. Drayton”; plantation owner, politician, railroad president, and Confederate General. (1809–1891). Additionally signed by comptroller general, “Johnson Hagood” and Secretary. Seven coupons, each hand signed and are attached at the bottom edge, (old) tape holds coupons in place to certificate. In very good condition, with folds, scattered light toning, and light show-through from writing on the reverse.
Thomas Fenwick Drayton (1801 - 1891), was born in South Carolina, son of William Drayton, a prominent lawyer, soldier, and US Representative. Drayton graduated in 1828 from the United States Military Academy where he became lifelong friend of Jefferson Davis. Drayton was commissioned as a second lieutenant in the 6th U.S. Infantry.
Four years later, Drayton resigned from the US Army and became a civil engineer for railroad construction in Charleston, Louisville and Cincinnati for two years before he returned to plantation life.
Drayton was elected to the South Carolina state legislature and was an outspoken supporter of states’ rights and slavery. He eventually owned 102 slaves at Fish Hill Plantation, which his wife had brought to their marriage. While a state senator, Drayton also was President of the Charleston & Savannah Railroad from 1853 until 1856.
Thomas Fenwick Drayton (1801 - 1891), was born in South Carolina, son of William Drayton, a prominent lawyer, soldier, and US Representative. Drayton graduated in 1828 from the United States Military Academy where he became lifelong friend of Jefferson Davis. Drayton was commissioned as a second lieutenant in the 6th U.S. Infantry.
Four years later, Drayton resigned from the US Army and became a civil engineer for railroad construction in Charleston, Louisville and Cincinnati for two years before he returned to plantation life.
Drayton was elected to the South Carolina state legislature and was an outspoken supporter of states’ rights and slavery. He eventually owned 102 slaves at Fish Hill Plantation, which his wife had brought to their marriage. While a state senator, Drayton also was President of the Charleston & Savannah Railroad from 1853 until 1856.
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