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Fifty-One Union Mining Co. Stock Certificate, 1864, Placer County

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 700.00 USD
Fifty-One Union Mining Co. Stock Certificate, 1864, Placer County
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Location of Mine: Placer County. Datelined Virginia, March 9th, 1864 (as in Virginia, California). Cert. #228 issued to John Bosquit on July 6, 1863 for 25 shares. Signed by Wm. H. Hunt as Secretary and by Geo. Glass as president. Incorporated in Virginia on March 13, 1863 and capitalized at $1,020,000; 10,200 shares at $100 per. Uncancelled. Vignette, showing a miner with a pick axe, in front of a mine entrance. And another of a woman at left. A red brown 25 cent “Protest” Internal Revenue stamp is affixed. Printed by H.S. Crocker & Co., Sacramento. Virginia (or Virginiatown) was located in Placer County, 4 miles east of Lincoln. It was founded in June 1851. The want of water during the dry season retarded the work of miners for two or three years subsequent, which was finally remedied by the introduction of water by the same canal which conveyed water into the Gold Hill district. In 1853, a company of miners built a railroad track from Virginia Hill to the Auburn 'ravine, for the transportation of ore. This road was certainly the pioneer railroad of Placer, if not the first laid down in the State for any purpose. The work was finally abandoned by the company, and its labor was redirected towards the introduction of water, through canals, direct to the tops of the various hills lying in and composing the Virginia district. John Bosquit (or Bosquet) was a representative for Placer County in the 1865 California Assembly. He died Nov. 9, 1868. [Ref: Bancroft, Gudde] Date: Location: Placer County, California HWAC# 572034