Stephen F. Austin to Unknown, 06-26-1822
Summary: To form stock company in England to develop Austin's grant.
A tract of land in the Province of Texas being granted to me by the Government of this Empire whose limits are not yet defined, but the situation of which together with the state of my claims and every thing relative to them Genl. Arthur G. Wavell is enabled fully to explain; and being desirous of establishing a Company for Commercial, Mining and agricultural purposes, I hereby appoint said Genl. Arthur G. Wavell my attorney to contract with a Merchant or company of Merchants in Europe and to form a Company and such other connections for me and in my name either jointly with him or seperately as he may deem proper, in order to carry into effect the objects of speculation enumerated in papers and Memorandums furnished him and which I have in conversation made him fully acquainted with—My said attorney is fully empowered to mortgage, or put into the funds of the Company as stock all the lands which I am to receive in Texas under the present application now pending, except the one half of a concession for three hundred families granted to my father M. A. which I have by contract conveyed under particular conditions to Col Joseph H. Hawkins of New Orleans, and also there must be a stipulation in the contract, that said Hawkins is at liberty to become one of the Company should he wish it by furnishing his proportion of the capital—
The Basis on which said A. G. Wavell is authorised to form said company is that the lands furnished by me and the capital furnished by the persons in Europe shall be the joint stock of the Company the profits of which shall be divided in the proportions which my said attorney and the contracting parties may agree on, All Mines, Salt springs or wells, denounced by me as a citizen of this Empire shall be for the joint use and benefit of the Company, also my time and labour shall be devoted to the interests of the concern for which such compensation shall be allowed me as may be agreed on by my said attorney—hereby ratifying and confirming whatever my said Attorney may lawfully do in the premises as fully as if done by myself in person—
City of Mexico
S. F. Austin [Rubric]
Copy of Power to Genl. Wavell
and as the said H. is a man of the first standing and connections and may therefore be of material service to the company by attending to its affairs in New O. Where it will be necessary to have an Agent. I wish a clause in the contract that said Haw[kins] may be admitted into the concern on such terms as may be mutually agreed to by all concerned—