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Rare 1758 Connecticut French & Indian War 6% Bond "Received of John Ledyard Esq.” for the Governor

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May 20, 1758-Dated French and Indian War Period, Colony of Connecticut, Manuscript Document Signed, "Joseph Talcott" as Treasurer, "Received of John Ledyard Esq.,” 6% Annual Interest Bond payable in Lawful Money for the Use and Service of the Governor, in the amount of 100 Pounds, Choice Crisp Extremely Fine.

An impressive Manuscript Document Bond "Received of John Ledyard Esq.,” Signed, "Joseph Talcott Treasurer," (Hartford, Connecticut). It reads:

"Received of John Ledyard Esq. the sum of One hundred Pounds lawful Money for the Use and Service of the Governor and Company of the Colony of Connecticut and in Behalf of said Colony....

This Bond’s subscriber is the noted Sea Captain John Ledyard. His son of the same name, sailed with Captain Cook as an impressed Royal Marine, and thus this Patriot missed serving during the American Revolution. The younger John Ledyard continued a life of travel, adventure, and exploration, traveling the world, nearly across Russia, and later into Africa. Late in November 1788, Ledyard accidentally poisoned himself with sulfuric acid and he died in Cairo, Egypt on January 10, 1789. The famous explorer John Ledyard Sr. was buried in the sand dunes somewhere near the Nile River in a modestly marked grave. This current manuscript Connecticut 6% Bond is rarely encountered. with only several examples known. This being one of the finest known, having choice eye appeal. It is boldly written and signed, on crisp fresh clean laid period paper, with a carefully Indented top margin.

This is only the second example of this Manuscript Connecticut French & Indian War 6% 100 pound Bond, "Received of John Ledyard Esq.” for the Governor’s Service, we have encountered. The other example was offered in our EAHA Auction of August 22, 2014, Lot 337 graded Choice EF, which sold to a noted dealer of rare early financial documents at $3,835. Now, nearly a decade later, EAHA is pleased to offer collectors this very lovely new example and a rare opportunity.


John Ledyard was born in Groton, Connecticut, the oldest son of John and Abigail (Hempstead) Ledyard and the nephew of Continental Army Colonel William Ledyard. After his father, a sea captain, died of malaria in the Caribbean, Ledyard's mother and family then moved to Southold, Long Island.

Three years later Ledyard joined his grandfather in Hartford, Connecticut, where he attended school. His grandfather died just before Ledyard turned 20; perhaps due to Ledyard's profligacy the bulk of the family inheritance was left to a younger brother.

Ledyard briefly attended Dartmouth College (which was then only 3 years old), arriving on April 22, 1772. He left for two months without permission in August and September of that year, led a mid-winter camping expedition, and finally abandoned the college for good in May 1773. Memorably he fashioned his own dugout canoe and paddled it for a week down the Connecticut River to his grandfather's farm.

Today, the Ledyard Canoe Club, a division of the Dartmouth Outing Club sponsors an annual canoe trip down the Connecticut River in his honor. At loose ends, he decided to travel; "I allot myself a seven year's ramble more," he wrote to a cousin. He shipped as a common seaman on a year-long trading voyage to Gibraltar, the Barbary Coast, and the Caribbean. On his next voyage, he jumped ship in England, but was soon impressed and forced to join the British Navy as a marine.

In June 1776, Ledyard Sr. joined Captain James Cook's third and final voyage as a British marine. The expedition lasted until October 1780.

During these four years, its two ships stopped at the Canary Islands, Cape of Good Hope, the Prince Edward Islands off South Africa, the Kerguelen Islands, Tasmania, New Zealand, the Cook Islands, Tonga, Tahiti, and then Hawaii (first documented by the expedition). It continued to the northwest coast of North America, making Ledyard Sr. perhaps the first U.S. citizen to touch its western coast, along the Aleutian islands and Alaska into the Bering Sea, and back to Hawaii where Cook was killed.

He attempted to climb from Kealakekua Bay to Mokuaweoweo, the summit of Mauna Loa, but had to turn back. The return voyage touched upon Kamchatka, Macau, Batavia (now Jakarta), around the Cape of Good Hope again, and back to England.

Still a marine in the British Navy, Ledyard was sent to North America to fight in the American Revolution. Instead he deserted, returned to Hartford, and began to write his Journal of Captain Cook's Last Voyage. It was published in 1783, five years after he had visited Hawaii, and was the first work to be protected by copyright in the United States. (It was in fact protected by Connecticut state copyright by special act of the legislature; federal copyright was not introduced until 1790.)

Today, this work is annotated in rare-book bibliographies as the first travelogue describing Hawaii ever to be published in America.

As Ledyard Sr. had noticed that sea otter furs from the American northwest commanded extremely high prices in Macau, he lobbied during the early 1780s for the formation of fur-trading companies. Ledyard suggested trading furs for Chinese silk and porcelain, which could then be sold in the United States. Although his abortive partnership with Philadelphia financier and Signer of the Declaration of Independence Robert Morris was not successful, it did lay the pattern of the subsequent China trade.

Ledyard Sr. left the United States in June 1784 to find financial backers in Europe. In Paris he partnered with Captain John Paul Jones; however this venture, too, failed to reach fruition.

In Paris, Ledyard conceived a remarkably bold scheme of exploration with encouragement from Thomas Jefferson, then American ambassador, and with financial backing from the Marquis de Lafayette, botanist Joseph Banks, and John Adams' son-in-law, William Smith. Jefferson suggested that Ledyard explore the American continent by proceeding overland through Russia, crossing at the Bering Strait, and heading south through Alaska and then across the American West to Virginia.

Ledyard left London in December 1786, and made it most of the way across Russia. He left St. Petersburg in June 1787 to travel through Moscow, Ekaterinburg, Omsk, Tomsk, Irkutsk, and Kirensk, reaching Yakutsk after 11 weeks. Here he stopped for the winter but then returned to Irkutsk to join a larger expedition led by Joseph Billings (of the Cook voyage). However, Ledyard was arrested under orders from Empress Catherine the Great in February 1788, returned to Moscow by approximately his original route, then deported to Poland.

Back in London, Ledyard Sr. came across the African Association, then recruiting explorers for Africa. Ledyard proposed an expedition from the Red Sea to the Atlantic. He arrived in Alexandria in August 1788, but the expedition was slow to start, and Ledyard died of illness in Cairo, Egypt on January 10, 1789. John Ledyard Sr. was buried in the sand dunes lining the Nile, in a modestly marked grave, the location of which is unknown today.
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