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Cedar Hill Tunnel & Mining Company Stock 1863 [162398]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:250.00 USD Estimated At:500.00 - 900.00 USD
Cedar Hill Tunnel & Mining Company Stock  1863  [162398]

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Cedar Hill Tunnel & mining Company stock certificate, No. 1110, for 50 shares, dated Sept 12, 1863, and issued to John Shirley. Signed by Chas V. Hobart, sec; M.S. Martin, pres.; J. Shirley, treas. Printer is B.F. Butler's Lith, San Francisco. Dark red 25c revenue stamp on left and on back. Signed on the back by Henry Harris and John Shirley. Cedar Hill Tunnel and Mining Company was incorporated in 1860 and was a working mine from that time forward. On July 16, 1863, the Stock Market Report included the Cedar Hill Company -- bidding price was $3.50 a share, asking price was $7.00. M.S. Martin, president: The 1863 San Francisco Directory lists Minor S. Martin as president of the Cedar Hill Tunnel and Mining Company. Business address was 503 Montgomery; dwelling was 625 Harrison. He was also president of the Peytona, La Plata, and other mining companies. He was also a trustee of the Sierra Nevada Silver Mining Company. Martin belonged to the San Francisco Stock and Exchange Board. In 1869 he filled the "caller of the Board" when George Smiley resigned. His salary was fixed at $400 a month. He held this position for a very short time until a permanent replacement for Smiley was found. He sold his seat in 1875 for $30,000 to Jacob Greenbaum. Charles V. Hobart, secretary: The San Francisco Directory lists Charles V. Hobart as the secretary to the Cedar Hill Tunnel & Mining Company. Business and dwelling address were the same as Martin's (above). When driving from Reno to Virginia City, Cedar Ravine creates the last hair-pin turn before reaching the northernmost buildings of the town. As the mines began tunneling after surface ores were depleted, a small camp of a few businesses grew up around them, including Biddleman Dairy. Onion skin type paper, slightly rippled, with no strong folds or creases, edges and corners intact, no pinholes. Lot includes some history and a modern aerial photo of the location of the Cedar Hill Mine in Cedar Ravine above the north end of Virginia City. Gold Hill Nevada Franklin Collection