1542

Arizona, Eastern & Montana Smelting, Ore Purchasing & Development Swindle Stock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
Arizona, Eastern & Montana Smelting, Ore Purchasing & Development Swindle Stock
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
This is a most striking stock certificate!!! 1900. Number 1241 for 100 shares to George F King of Newark. Signed by Maurice Willis and William Oscar Roowe. Ten cent revenue stamp on back. A few pinholes and two vertical folds are all that keep this stock from being pristine. The November 10, 1900 article says it all. Titled:"Questionable Transactions In the Flotation of a Mining Property / Recent Revelations of a Startling Character. The article goes on to say, "Some recent developments in connection with the affairs of the Arizona, Eastern & Montana Smelting, Ore Purchasing & Development Co of New York and Arizona which was organized in April 1899 by RC Flower...have resulted in the Investor's receiving numerous inquiries from stockholders in the concern who have asked for a presentation of the facts. In our issue of June 30 1900 page 843 we printed a lengthy reply to an inquiry regarding the company, which gave many facts not generally known to shareholders, and in which were recited the remarkable operations of one Henry B Clifford, who in the earlier history of the company figured prominently, and still claims to have a finger in the pie...Iit is alleged to wrongfully deprive the stockholders of the Arizona & Eastern of the most valuable portion of their property. The Arizona & Eastern (we will not attempt to repeat its full long winded title) was organized in April 1899 by RC Flower and his associates mostly personal friends..." THe article goes on at length to question what shady events have transpired adn to question whether RC FLower is at fault or whether he has been dupt. (Laguna Collection) HWAC# 62952 Date: Location: Montana