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Bodie & Hawthorne Telephone & Telegraph Company Stock #79760

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:150.00 USD Estimated At:300.00 - 700.00 USD
Bodie & Hawthorne Telephone & Telegraph Company Stock  #79760
SOLD
150.00USD+ (37.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Dec 06 @ 12:51UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping is subject to a minimum charge of $19.00. Shipping and handling cannot be estimated prior to invoicing as it is based on the size and weight of your purchase. Additional shipping and handling costs, if required, will be re-invoiced 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.
Yes, there are plenty of these stocks around, BUT THIS IS CERTIFICATE #1. Issued to fanny Leggett and signed by president Thomas Leggett. For 10 shares. Also signing was secretary RL McCarty. Pen Cancelled.Stain on right. Small nick on lower left. One pink paid J. S. Cain assessment stamp on reverse. While Leggett managed the Standard Mine, two significant events occurred. It became one of the pioneers in using cyanide for the recovery of gold and silver. In 1894, he built the first cyanide plant on the Pacific coast at Bodie. The second event, with consequences far beyond the mining industry, was the long distance transmission of electricity. Faced with having to use wood for fuel, Leggett searched for cheaper alternatives. He discovered that in 1892, alternating current had been successfully transmitted three miles at Telluride CO. He installed a 250-kw Westinghouse generator powered by Pelton water wheels with a 300-foot head. The power generated was at 3000 volts and was carried 13 miles on a #1 bare copper wire. By late 1894, the system was considered proven and the steam powered equipment removed. State: California City: Bodie Date: 1892