2082

Consolidated Poe G&S MC Stock [130968]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
Consolidated Poe G&S MC Stock  [130968]
SOLD
130.00USD+ (28.60) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Feb 25 @ 09:30UTC-8 : PST/AKDT
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Number 172 for 100 shares to James Battersby. Signed by secretary James H Kinkead and president BB Norton. Dateline Reno 1873. Incorporated Sept. 26, 1873. Mountain Mill vignette. Printed by Crocker & Co. Location: Peavine Mining District, Washoe County, Nevada. Paymaster Ledge 1500 feet and Poe Ledge 1500 feet. In 1875 the Con. Poe was all over the local papers. The Poe and Paymaster have been consolidated. A new furnace is being built. It is not easy working this rock on the account of antimony and iron. The Con. Poe is now at a depth of 175 feet. A few weeks later the paper reported that a rich strike was made at the mine. But despite the newspaper hype the mill ran sporadically that year. On July 4, 1876, the Sacramento Daily Union reported that the workmen of the Poe quit and are determined to remain off work until they are paid their 5 months back wages! That is the last we hear of this company. On June of 1874 Battersby failed to pay the assessment (No. 3) and was on the delinquent roll in the Nevada State Journal. It seems he got out early! Kinkead was a banker and sheriff. He was mostly responsible for the capture of the Verdi train robbers and for stopping all Central Pacific Railroad traffic in Reno (no easy task) until the CPRR paid new Washoe County taxes on their company. Extensive biography on Kinkead and bio on John Poe. Pages of background on the mine. Short description of Poeville.

Date: 1873
Country (if not USA):
State: Nevada
City: Poeville, Washoe Co.
Provenance: Joe Elcano Nevada Mining Stock Collection