Which of these statements best describes the actions of the Galveston Bay and Texas Land Company during the empresario era in Texas?(1 point)

Responses

It was purchased by several empresarios who used the company to bring settlers to East Texas.
It was purchased by several empresarios who used the company to bring settlers to East Texas.

It was dissolved by the government of the Republic of Texas for cheating immigrants out of their land.
It was dissolved by the government of the Republic of Texas for cheating immigrants out of their land.

It cheated potential immigrants of their land by issuing worthless scrip.
It cheated potential immigrants of their land by issuing worthless scrip.

It went bankrupt trying to bring new immigrants to Texas.

1 answer

The statement that best describes the actions of the Galveston Bay and Texas Land Company during the empresario era in Texas is:

It cheated potential immigrants of their land by issuing worthless scrip.

This company was involved in dubious practices related to land sales, including issuing scrip that had little to no value, which led to significant problems for immigrants seeking to settle in Texas.