1470

Combination G&S Mining Co. Stock , Telescope District, Inyo County, 1862 [168020]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:850.00 USD Estimated At:2,000.00 - 4,000.00 USD
Combination G&S Mining Co. Stock , Telescope District, Inyo County, 1862 [168020]
SOLD
850.00USDto i*****l+ buyer's premium (212.50)
This item SOLD at 2025 Mar 01 @ 15:12UTC-08:00 : PST/AKDT
FINAL AUCTION RECORD The Auctioneer’s podium notes serve as the final, legally binding record of the auction results, superseding any electronic bidding records. See Terms and Conditions
Rare Combination Gold & Silver Mining Company cert printed in Red with yellow background. Incorporated Jul 24, 1861. Cert No 397 issued to B.F. Whiten for 40 shares on Jun 26, 1862. Signed by James T Jones as president, CS Higgins secretary. Agnew and Deffenbach print SF. Embossed corporate seal at center in original paper.

The Telescope district marked the first discoveries of ores of the Panamint district in the Panamint range adjacent to Death Valley. The district was named after telescope peak, the highest peak in the Panamint range. The district was organized in the spring of 1861 after discoveries by Samuel S George and William Henderson. This company operated through 1863 until Panamint Indians killed 4 miners and burned the mining camp. Chalfant in his history of Inyo county has a significant discussion of the early Telescope District. Datelined San Francisco.

The president James T Jones was the senior partner of Jones and Harris who ran a saloon in the business district of SF known as Jones Sample Liquor rooms at 436 California Street. Higgins interestingly had a full time job as secretary of the union company in the rust district as well as the combination. His office was at 410 Montgomery Street (1862 Langley SF Directory). Mines in this region were in Tulare County. Inyo county was split out of Tulare in 1866. By 1866 both the Rust district and the Telescope district appear to have lost interest.

^
Date:
Country(if not USA):
State: California
City: Inyo County
Provenance: