 TEXAS. Alexander & Co. $5.00. Sabine Pass. July 1, 1862. Printed on the backs of bonds. Light red tint lathe with green 'FIVE DOLLARS'. Curved title over 'V' in center. Left panel with '5'. Imprint of Texas Printing House, Houston-E.W. Cave. Unlisted denomination in Medlar. A rare series of notes from this historic site. A very sharp note for this period and paper type. Fine Plus. Excellent color on the back.
Sabine Pass was the renamed Sabine City opened up by Sam Houston and Phillip Sublett. On September 5, 1863 it was the site of an awesome charge by the Union forces under William Franklin and 5,000 men. The Confederates defended the position with a mere 42 men and six cannon. Shortly after commencement, the Confederacy crippled a Union gun boat and after taking out the second gun boat, the Union forces were thwarted. The Confederates in the quick action of 45 minutes took no casualties and the Union lost men as prisoners.
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