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American River Water & Mining Co. Stock Certificate (107323)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
American River Water & Mining Co. Stock Certificate   (107323)
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Rare location. Dateline Carrollton[sic.], Cal., January 28th, 1856. Low stock number THREE, issued for 25 shares to John W. Shaw. Signed by president AP Carlin and secretary CTH Palmer. Palmer was also a banker, assayer, and Wells Fargo agent in the Folsom area in the 1860s. Pen cancelled. Black border and print, allegorical vignette. Lith. Britton & Rey, S.F. Folds, pinhole, some toning and light wear. 4.25 x 9.5" 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. According to Gudde, Carrolton was located in Placer County on the North Fork of the American River, opposite Condemned Bar. The introduction of water in 1855 by this company turned it into a town quickly. Ken Prag Collection

Date: 1856
State/Country: California
City/County: Carrolton