While most people are familiar with the term “greenbacks,” there was a time when the Republic of Texas printed “redbacks.” Because of its heavy indebtedness, the Republic of Texas resorted to offering interest-bearing notes to raise funds to retire its indebtedness. In 1840, however, noninterest-bearing notes were issued. These were called redbacks.
About Stephen A. Mendel, Estate Planning Attorney
Mr. Stephen Mendel is an attorney who focuses a substantial part of his practice on estate planning. Mr. Mendel’s guiding principle is to provide his clients with quality legal services tailored to each client’s specific needs and goals.