5777

Forbes Ore Bed Company Stock (83949)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:25.00 USD Estimated At:50.00 - 100.00 USD
Forbes Ore Bed Company Stock   (83949)
SOLD
25.00USD+ (6.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Jul 15 @ 13:45UTC-7 : PDT/MST
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# 60 for 5 shares to Charles E Bostwick of West Stockbridge. Signed by WIlliam Adams president. Pen Cancelled. Dateline 1868. Incorporated 1854. 25c Insurance Revenue Stamp which is trimmed. Blue seal. Black ink stain on bottom left and middle center. Clue marks by stamp. Good Condition. "The Davis Ore Bed named after an early owner was originally called Hendricks Ore Bed and was owned before the organization of the town of Salisbury by Thomas Lamb one of the first settlers in the town. Ore was mined in this bed as early as 1730 or 1731 and was taken by Lamb to supply his forge at Lime Rock. It was in early days transported in leathern bags on horses. This mine has been worked almost constantly since first opened showing an increased production. The average yearly yield at present is estimated to be about 15,000 tons. The property has passed through several ownerships the proprietors are now incorporated under the name of Forbes Ore Bed Company." [Transactions of the American Institute of Mining Engineers, 1878] Prag Collection

Date: 1868
State/Country: Connecticut
City/County: Salisbury