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American River Water & Mining Co. Stock Certificate (107287)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 600.00 USD
American River Water & Mining Co. Stock Certificate   (107287)
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Rare Gold Rush location. Dateline Dotan's Bar (handwritten over printed Mormon Island). No. 91, issued for one share to M. Andrews on April 14th, 1855. Signed by president A.P. Carlin(?) and secretary CTH Palmer. Palmer was a 49er who became a Folsom banker in the 1860's, as well as a Wells Fargo agent and assayer. Stamped Paid over president's signature. Sacto. Coy. California printed above allegorical vignette. Black border and print. Lith. Britton & Rey. 4.75 x 9.25" Folds, light wear. The American River Water and Mining Company was formed in 1854 to build a ditch to divert water from the North Fork of the American River. The North Fork Ditch was dug from 1854-1856, and provided water for drinking, irrigation and mining operations to areas that are near Folsom. Dotan's Bar was located on the American River in Placer County. At one time, it had a hotel, store. livery and trading post. It was a very rich bar; producing much gold. It is now buried under Folsom Lake. ["History of Placer and Nevada Counties California by Lardner & Brock] Ken Prag Collection

Date: 1855
State/Country: California
City/County: Dotan's Bar / Mormon Island