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Bodie, California, Ghost Town, Telephone and Telegraph Stock Certificate (118048)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:75.00 USD Estimated At:150.00 - 200.00 USD
Bodie, California, Ghost Town, Telephone and Telegraph Stock Certificate  (118048)
SOLD
95.00USDto B******r+ buyer's premium (23.75)
This item SOLD at 2020 Jun 26 @ 11:46UTC-7 : PDT/MST
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Bodie and Hawthorne Telephone and Telegraph Company stock certificate, No. 44, 20 shares issued to Richard Noonan on Oct. 15, 1892. This historic document was printed by the H.S. Crocker Company and has an ornate border around it. This item is hand signed by the Company's President, Thomas Leggett and its Secretary. The certificate was signed on the reverse side by J.S. Cain for a dividend payment. Thomas Leggett and J.S. Cain were both on the Board of Directors for the company. The town of Bodie was a Boomtown in 1876, with a population of 5000-7000 by 1879. It became a ghost town by 1915, and is now a state historic park. J.S. Cain came to Bodie at the age of 25 looking to make his fortune in business. He built an empire one piece at a time. One of his first businesses was barging timber across Mono Lake to Bodie. Cain successfully ran mines, including being President of the Southern Consolidated Mining Co.; in 1890 he purchased the Bodie Bank from E. L. Benedict and began buying property around town. By the time California State Parks took over the town, the Cain family owned a majority of Bodie. Hand canceled, clean certificate.

Provenance: Ken Prag Collection
Country (if not USA):
State: California
City/County: Bodie
Date: 1892