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Georgia Mining & Mfg Company Founders Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Georgia Mining & Mfg Company Founders Stock Certificate
SOLD
100.00USDto b*********r+ buyer's premium (21.00)
This item SOLD at 2018 Mar 17 @ 11:24UTC-7 : PDT/MST
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It was customary in the old days that the first three stock certificates were reserved for the company's founders. This is stock certificate #3. Issued on August 18, 1881 for 1 share to Charles R Woodworth. signed by Woodworth. Signed by secretary JW Jones and president Henry DeBevoise. Ink cancelled August 20, 1881 - two days after it was issued. Very nice specimen. Ink is fading. Discoloration where the stock was attached to the book. No edge issues, no rips or tears, no pinholes, no stock discoloration. Vignette of five underground miners. Small vignette at lower right of three pillars, soldier and Constitution across the top. The Georgia gold rush began about 1828, and continued until about 1835, and on and off since that time. It did show the country that gold could be found, and created a batch of Georgia miners who ventured west to find their fortunes, among them Green Russell, the discoverer of gold in Colorado. By 1897 this company was no longer in business as it was purchased by the Southern Mining & Mineral Company. [Coal Trade Journal, Volume 29] The only Henry S. DeBevoise in 1880 we could find was the Mayor of Long Island City during the most of the 1870’s. In 1880 he again was elected Mayor by a small majority, and upon the election being contested, the outcome was decided against him. Shortly after, some more litigation against DeBevoise was brought up by the Attorney-General for misappropriation of the city's money. Again the verdict went against him. Very brief mention of the affair 1s found in Kelsey's History of Long Island City (1896). DeBevoise, nevertheless assumed office again shortly after around 1882. (Al Adams Gold Rush Memorabilia Collection) Date: 1881 Location: Dahlonega, Georgia HWAC# 56948