Description

WHEN THE CIVIL WAR ENDED IN 1865 , THE STATE OF FLORIDA WAS BANKRUPT. IN 1870 THE RECONSTRUCTION GOVERMENT PASSES A LAW PERMITING THE ISSUE OF $250,000 IN “COMPTROLLER’S WARRENTS”. A CONTRACT WAS AWARDED TO THE NATIONAL BANKNOTE COMPANY. WHICH DELIVERED THE FIRST $187,845 WORTH OF NOTES ALONF WITH AN INVOICE FOR $4,375 TO COVER THE PRINTING AND DELIVERY.THE STATE SENT A WARRENT TO THE NBNCo WHICH THE COMPANY REFUSED , AS THER WAS NO MONEY IN THE STATRES TREASURY.NBNCo REFUSED TO SHIP THE REMAINING NOTES UNTILTHEY WERE PAID. AFTER THREE YEARSD THE STATE OF FLORIDA RELENTED AND PAID THE DEBT IN 1873 AND RECEIVED THE NOTES ORDERED IN 1870. RARE NOTE WITH A KNOWN POPULATION OF THREE NOTES WITH THIS BEING THE FINEST KNOWN