Texas Incorporation Acts

In December 1863, the Confederate state legislature attempted to encourage manufacturing in the state by promising public land grants to persons or corporations who erected machinery. The act was later amended slightly in November 1864.

See also Handbook of Texas entry on Civil War Industry.

This is a list, drawn from the Texas Almanacs and Gammel’s Laws of Texas, volume 5, of acts of incoporation passed by the state legislature as “special laws” at that time and thereafter:

Ninth Legislature

Regular Session, November-December 1861/January 1862

Chap. Corporation County Yrs Capital Max. Link
6 Southern Cotton Press 1,000,000
22 Texas Powder Company Bexar 20,000
24 Texas Manufacturing Co. 250,000
97 Texas Lead Mine Co.
115 Fort Bend Manufacturing Co. 200,000

Extra session, February and March, 1863

Chap. Corporation County Yrs Capital Max. Link
4 Comal Manufacturing Company 25 500,000
5 Jackson Manufacturing Co. 25 200,000
10 Texas Paper Manufcturing 50,000
12 Texas Iron Company Marion/Davis 25 1,000,000
13 Texas Lead and Copper 20

Tenth Legislature

Summary of iron manufacturing charters by jewett2002, p. 171:

The tenth legislature passed legislation that incorporated nine companies for the purpose of manufacturing iron and other metals and established specific guidelines for their operation. Although each company’s charter varied in wording, fundamental elements existed in each incorporation. The legislature required each company to elect a board of directors from among the stockholders. In most cases, board members were required to own more than one share of stock. The financial control that the legislature levied on incorporated companies varied from charter to charter. Stock for these companies ranged anywhere from one hundred dollars per share to one thousand dollars per share, with limits on total stock ranging from a minimum of one hundred thousand dollars to $5 million. Though these values differed with each company, in every case the legislature established clear guidelines on the value of stock and the amount that board members were required to own. Such stipulations were geared toward ensuring a personal stake from entrepreneurs in hopes of securing successful operations.

Jewett adds that to encourage such incorporations, the legislature provided for the granting of 320 acres of land for every $1,000 worth of machinery erected for manufacturing by March 1865, though his main point is that this shows the dedication of Texas legislature to the state’s long-term economic prosperity rather than the wartime needs of the Confederacy.

Regular session, November-December 1863

Chap. Corporation County Yrs Capital Max. Link
6 Sulphur Fork Iron Company Davis 20 800,000
11 Waco Manufacturing Company 20 500,000
19 Rusk County Iron Company Rusk 90 5,000,000
27 Comal Oil Company 20 100,000
28 East Texas Manufacturing Co. Marion 25 200,000
29 Poluxy & Brazos 25 50,000
31 Hempstead Manufacturing Co. Waller 20 300,000
33 Brazos Manufacturing Co. 25 2,000,000
37 Chappell Hill Manufacturing Cherokee 25 1,000,000
38 Bastrop Iron Manufacturing 20 200,000
41 Washington Iron Manufacturing 200,000
45 Trinity Manufacturing Co. 25 500,000

Extra session, May 1864

Chap. Corporation County Yrs Capital Max. Link
2 Cherokee Furnace Company Cherokee 25 1,000,000
5 Beaver Iron Manufacturing Anderson 10
7 Dallas Manufacturing Co. Tarrant? 25 200,000
9 Trinity Mills Manu. Co. Dallas 20 200,000
10 Star State Machine Manu. Co. 5,000,000
11 Fall of Brazos Manu. Co. Falls 100,000
14 Independence Manu. Co. 20 200,000
15 Texas Copper Manu. Co. 100,000
16 San Marcos Cotton and Woolen 20 200,000
17 Comal Springs Manu. Co. 20 800,000
21 Tyler County Card & Machine 25 300,000
22 Guadalupe Manufacturing Co. 20 500,000

Extra session, November 1864

Chap. Corporation County Yrs Capital Max. Link
5 Bastrop Cotton & Wool 20 200,000
12 Houston Paper Mill Manu. 20 100,000
15 Houston City Mills Manu. 25 500,000
19 Holly Spring Manufacturing Co 20 500,000
21 Austin Iron Company 25 1,000,000