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Bunker Hill Gold Mining and Dredging Co. Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:25.00 USD Estimated At:50.00 - 100.00 USD
Bunker Hill Gold Mining and Dredging Co. Stock Certificate
SOLD
35.00USD+ (8.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 May 07 @ 13:10UTC-7 : PDT/MST
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Number 35 for 750 shares to Walter Parks in 1905. Signed by treasurer JT Miller, secretary CR Savoy, and president SA Dunham. Three vignettes of panning for gold with a large sluice in the middle. Hand written it says that this stock was exchanged for new stock in 1911. Cancelled by oval stamp. Extremely fine condition. Pin holes on left where this stock was attached to the stock book. No edge issues, discoloration, rips, tears, etc.



The Bunker Hill Gold Mining and Dredging Company applied for its charter on March 14th, 1905. The company's principal office was to be located in the town of Auraria, Lumpkin County, Georgia. The capital stock of the corporation was to be $750,000.00 divided into shares of the par value of one dollar each. The term of incorporation was to be 20 years with the privilege to renew after the term expired. Founding officers or petitioners of the company were: Dr. S.A. Dunham of Kansas City, Mo., Nova P. Riddell of Rothville, Mo., Joel T. Miller and Cecil R. Sovey of Auraria, Georgia. The main object of the company was to conduct mining and dredging operations in search of gold and other precious metals. On March 31st, 1905, the Dahlonega Nugget reported that the Ingersoll and Crisson dredge boat which had been built in 1903, had been sold to the Bunker Hill Gold Mining and Dredging Company. The boat utilized a Marion steam shovel, number 231, built at Marion, Ohio. From 1905-1909 this dredge boat was frequently reported in the newspaper as being very profitable to the owners. In 1909 the boat was sold to Mr. W.W. Crisson. From 1909-1911, there are very few mentions of the Bunker Hill Company. The company did also conduct mining operations on properties which they had previously purchased. June 16th, 1911: The Dahlonega Nugget reports that the Bunker Hill Company has purchased the Sewell dredge boat. Mr. Cowan, the superintendent, plans to move the boat to the Griffith lot on the Chestatee River. The Sewell Company had dredged all the property which they owned which is why they sold the boat. The Bunker Hill Company owned or leased more property than the Sewell Company and needed a boat to finish what had been started in 1905. In February of 1915, the Bunker Hill Company leased all of its placer mining properties and the dredge boat, to the Chestatee Dredging Company for a period of five years. By January of 1916, the Chestatee Dredging Co. apparently defaulted on their lease and the dredge boat was back in the hands of the Bunker Hill company. After a long period of drought during the summer of 1916, which resulted in low water on the Chestatee River that prevented the dredge boat from operating, a foreclosure of mortgage was published in the Dahlonega Nugget. The Bunker Hill Gold Mining and Dredging Company's property, leases, mining interests and dredge boat were all sold at a sheriff's sale on December 7th, 1917 for only $500.00. Nothing more was ever published in the Dahlonega Nugget about the Bunker Hill Gold Mining and Dredging Company.

(Al Adams Gold Rush Memorabilia Collection) HWAC# 57010 Date: 1905 Location: Auraria, Georgia