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El Estado de Michoacán $10 note

On 5 February 1915 General Gertrudis G. Sanchez authorised the issue of $5,000,000 to cover the costs of his administration and the war, supposedly guaranteed by all the state’s real estate and the product of intervened estates. This was to be in three denominations

   total
number
total
value
$5 400,000 $2,000,000
$10 200,000 2,000,000
$50 20,000 1,000,000
    $5,000,000

 

As laid down in the decree the notes were to carry the signatures of the Governor and Comandante Militar (G. G. Sánchez), the Tesorero General (J. R. Cardenas) and the Interventor (Gustavo Figueroa).

SanchezGertrudis G. Sánchez was born in Saltillo, Coahuila on 14 October 1883. He worked on the hacienda of Agua Nueva, where he gained the confidence of Francisco and Emilio Madero. He joined the Maderistas in 1911, and fought in Coahuila, and then in 1912 against the Zapatistas in Morelos and Guerrero.

When Madero was assassinated, he fought for the Constitutionalists in Guerrero and Michoacán, taking Morelia on 31 July 1914 and becoming governor and military commander of the state.

When Villa split with Carranza Sánchez first inclined towards the Conventionists but in the end stayed with Carranza. On 25 March 1915 he was fighting the Villistas around Tacámbaro when he was wounded in the leg. He had decided to leave for California but on was way was captured by Villista forces under General Alejo Mastache. He was taken to Huetamo, where on 25 April he was shot on the orders of Mastache.

 sig Sanchez
J. R. Cardenas sig Cardenas
Gustavo Figueroa sig Figueroa

 

Copies of the decree were sent by the Prefecto of Morelia to the Presidente Municipal on 22 February 1915AMMor, caja 29, exp. 61.

It appears that only the $10 note was produced before Sánchez was driven out at the beginning of March.

  series from to total
number
total
value
 
$10 A 1 123700 127,300 $1,237,000 includes numbers 11177CNBanxico #5173 to 111479CNBanxico #5178

 

On 4 March the new Villista Governor, José I. Prieto, remarked that Sánchez had issued $1,237,000 and declared this issue null and void, on the grounds that to honour it would only deprive the state and enrich speculators.

However, these were used in neighbouring states. On 9 July 1915 when the Carrancistas arrived in Guanajuato, they put up notices that it was obligatory to accept notes of the Estado de Michoacán and of Obregon, which they had in large quantitiesCrispin Espinosa, Efemerides Guanajuatenses. They are also known with two revalidations from Guerrero.

COMANDANCIA MILITAR, LA UNIÓN, - GRO.


Estado de Guerrero, Ayuntamiento Constitucional de Acapulco de Juarez, Distrito de Tair.