Financial History Issue 132 (Winter 2020) | Page 14
EDUCATORS’ PERSPECTIVE
Sources
Brayer, Herbert O. William Blackmore: The
Spanish-Mexican Land Grants of New Mex-
ico and Colorado 1863–1878, Volume I. Brad-
ford-Robinson: Denver, CO. 1949.
Dary, David. Entrepreneurs of the Old West. Uni-
versity Press of Kansas: Lawrence, KS. 1986.
Keleher, William A. Maxwell Land Grant: Fac-
simile of 1942 Edition. Sunstone Press: Santa
Fe, NM. 2008.
___. Lucien Bonaparte Maxwell, Napoleon
of the Southwest. University of Oklahoma
Press: Norman, OK. 1983.
Nolan, Frederick W. The West of Billy the Kid.
University of Oklahoma Press: Norman,
OK. 1998.
Potter, Jack. “Death and Burial of Billy the
Kid,” in Frederick W. Nolan, ed.: The Billy
the Kid Reader. University of Oklahoma
Press: Norman, OK. 2007.
“L.B. Maxwell to be Honored Today as Empire
Builder.” El Paso Times, 31. May 29, 1949. Utley, Robert M. Billy the Kid: A Short and
Violent Life. University of Nebraska Press:
Lincoln, NE. 1989.
Montoya, María E. Translating Property: The
Maxwell Land Grant and the Conflict over
Land in the American West, 1840–1900. Uni-
versity Press of Kansas: Lawrence, KS. 2005. Notes
1.
Murphy, Lawrence R. “Lucien B. Maxwell: The
Making of a Western Legend.” Arizona and
the West 22, 109–124. 1980.
According to Maxwell, “I realized that I had
three chances at being killed on the spot in
the next instant. First by being between the
two men; next, when the Kid fell forward,
the butcher knife he had used to cut meat
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eyes open
plunged close to my chest; and last, as I got
out of bed to escape, I was stopped at the
door by Deputy John Poe with his .45 in
my stomach. The Deputy thought I was the
Kid. I had a lot of explaining to do, pronto!”
2.
The British investors organized The Max-
well Land Grant and Railway Company
to oversee the grant. The company was
doomed from the beginning, as it was
unable to deal successfully with existing
settlers who often resorted to violence
in response to the company’s edicts. The
Panic of 1873 and the demand that the
company pay back taxes of $12,500 to
the territory of New Mexico forced it to
declare bankruptcy in 1876. The grant
was then sold by the New Mexican gov-
ernment at auction to a group of Dutch
investors who, though well capitalized,
were no more successful than the British
at managing the grant.
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