State of Connecticut. January 27, 1796. Interest certificate ordering Andrew Kingsbury, Treasurer to "Pay to David Dibble Atty. To Noah Lane, Five dollars & seven cents, It being the amount of Interest which he is entitled to receive from this state, on stock in the United States Funds transfered to him by said state, pursuant to a resolve of the General Assembly in October 1794." Upon federal settlement of state accounts, Connecticut received enough federal stock to pay its remaining debts, (i.e. to redeem the Imlay certificates). The United States stock issued to the state was not initially transferable on the books of the Treasury, and until this was changed, the state held the stock in Trust for its creditors and issued them state warrants, of which this is one, transferring the interest that the stock received. (Anderson pg. 121).
Uncancelled and excellent condition.
