3463

Consolidated Poe Gold and SIlver Mining Company Stock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Consolidated Poe Gold and SIlver Mining Company Stock
SOLD
325.00USD+ (71.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Oct 20 @ 14:44UTC-7 : PDT/MST
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# 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" Paymaster Ledge 1500 feet and Poe Ledge 1500 feet in the Peavine Mining District, Washoe County, Nevada. 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. In October the Poe was able to have of ts creditors. In May of 1876 the Reno Gazette reported a rich strike at the 165' level of the Poe. 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 robbery and for stopping all Central Pacific Railroad traffic in Reno (no easy task) until the CPRR paid new Washoe County taxes on their company. Prag Collection City: Poeville State: Nevada Date: 1873 HWAC# 80453