General Henry S. Sanford was a member of the group of Northern business men who during Reconstruction in Florida shrewdly saw economic opportunity in what was then a poor undeveloped frontier state. But entirely different from the carpetbaggers, Sanford came to Florida in 1870 a wealthy man. Purchasing a large former Spanish land grant of 25,000 acres in the central part of the state from General Joseph Finegan for $18,200, he founded the city of Sanford, began construction of a railroad southward and planted extensive orange groves.
Williamson, Edward C.
"Florida Politics in 1881: A letter of Henry S. Sanford,"
Florida Historical Quarterly: Vol. 31
, Article 5.
Available at: https://stars.library.ucf.edu/fhq/vol31/iss4/5