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“The Old 300” refers to the settlers who received lands grants in Stephen F. Austin´s first colony.
In January 1821, Austin´s father, Moses Austin, received a permit from the Spanish to settle 300 families in Texas, but he died in Missouri a short time later before he could realize his plans.
Stephen F. Austin took his father´s place and traveled to San Antonio, where he met with the Spanish governor Antonio María Martinez, who acknowledged him as his father´s successor. Austin quickly found willing colonist, and by 1824 most of the Old 300 were in Texas, many settling along the Brazos River. In all, 307 titles were issued, with nine families receiving two titles each. Thus the total number of grantees, excluding Austin´s own grant, was actually 297, not 300.