Mine La Motte Co. - $22.50 Bond
Inv# MB5123 Bond
Missouri
$22.50 1% Bond printed by Goes. 5 cent revenue stamp!
Mine La Motte Township is an inactive township in Madison County, in the U.S. state of Missouri.
Mine La Motte Township was established in 1909, taking its name from Mine La Motte, Missouri.
Mine La Motte is an unincorporated community and census-designated place in Madison County, Missouri, United States. It is located approximately six miles north of Fredericktown. Europeans discovered lead here and had also hoped to find silver. The French Governor of Louisiana, Antoine de la Mothe Cadillac, failed to find silver, but succeeded in recruiting investors in The Company of the West, which was organized in 1717. Mine La Motte was eventually settled by about 200 French settlers along with their slaves from Santo Domingo, under the leadership of Philip François Renault, to develop mines in 1717, making it one of the oldest settlements west of the Mississippi River. The presence of lead, a critical ingredient for ammunition, attracted unusually early mining by French colonists in this otherwise remote interior region of the North American continent. That same lead, still used for ammunition at the time of the American Civil War, was also a factor in the Battle of Fredericktown in which forces aligned with the Confederate States of America fought for control of the lead smelters in nearby Fredericktown with the Unionist forces, aligned with the United States of America.
La Mothe named the mine after himself, and the town that grew up nearby was named after the mine. While dispatching workers and supervisors to the mines, La Mothe settled for a time in the Illinois Country east of the mid-Mississippi River, where the first French colonial villages were founded. In 1804 the village had a population of 150. These settlers were mostly French Canadians who developed agriculture. Due to the rich soils, they were quickly able to produce grain surpluses that were critical to the survival of the lower Louisiana colony. The habitants shipped tons of grain to New Orleans and other points south on the Mississippi River. La Mothe later served as Governor-General of Louisiana.
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.
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