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Betty O'Neal Mining Co. Stock Certificate (100921)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 150.00 USD
Betty O'Neal Mining Co. Stock Certificate  (100921)
SOLD
50.00USDto c*****n+ buyer's premium (12.50)
This item SOLD at 2019 May 17 @ 15:53UTC-7 : PDT/MST
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Location of Works: Lewis District, Lander County, Nevada (printed at left). Inc. June 1879. No. 559, issued for 50 shares to Edward G. Reynolds on March 12th, 1881 in San Francisco. Signed by president H.H. Allen and secretary Heath. Not cancelled. Black border and print. No printer listed. Pinholes, folds, many creases, chipped corner. 4 x 9.5" The mine was located 12 miles southwest of Battle Mountain in the Shoshone Range. The Betty O'Neal was first mined in 1880. The mine produced gold and silver. When gold was discovered in Lewis Canyon, about 10.5 miles southeast of Battle Mountain, people in and around Amherst rushed to purchase stock in the new company. But when the company announced the proposed construction of a 12-mile narrow gauge railroad from Lewis Junction to the town of Lewis and the mines south of town, and dividends ceased to be paid, many investors sold their shares. The line was completed in 1881. Accumulated debt, however, quickly caused the sale of the railroad right-of-way, and soon after the Starr-Grove mine went bankrupt, and operations ceased. [Ref: Railroads of Nevada and Eastern California, Myrick] Ken Prag Collection

Date: 1881
City/County: Lander County, Lewis District
State: Nevada