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Guarantee Gold Mining Company Collection (Stock, Loan, and Handwritten Document)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
Guarantee Gold Mining Company Collection (Stock, Loan, and Handwritten Document)
SOLD
150.00USD+ (37.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Apr 05 @ 11:35UTC-7 : PDT/MST
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Unique grouping! 1) Stock certificate number 33 to Walter Hinchman for 250 shares on September 27, 1879. Signed by treasurer F Dundore and president William G Moorhead. Vignette of mill with steam train in the background. 5.75 x 9". Nearly perfect, The two vertical folds are heavy, but no paper fiber has been broken. 2) Certificate of Mortgage Loan for Walter Hinchman for $500. Signed by Dundore, Moorhead and trustee Frank Tiedemann. Same condition as the stock. Note on back about buying Walter Hinchman $20 on account on March 1, 1881. 3) Maybe the most interesting piece is this hand written note. "Guarantee Gold Mining Company of Ga. / as of 1879 / 250 shares stock, $2,500 C. S. H. / $500 bond, C. S. H. / 250 shares stock, $2,500 W. H. / $500 bond, W. H." It looks like Walter HInchman and, we assume, C. S. Hinchman have provided all, or at least some, of the monetary support to this time? Note is on Mexico National Railway Company of Philadelphia letterhead (partial!).



The Guarantee Mine was located prior to the Civil war. It is northeast of Fluker-Story and adjacent to the Buffalo Mine in Oglethorpe County. It had a 125 foot deep shaft with attendant workings, and was still owned by Philadelphia concerns in 1900 when reported by Jones (Second Report on the Gold Deposits of Georgia).We could find little else about this mining company, but a Pennsylvania Supreme Court Record shows that J Marlow Moorhead (William's brother? son?) sold to James K Scofield the property known as the Guarantee Gold Mining Company for $10,000. Walter Hinchman was the treasurer and later president of the Mexican National Construction Company with trains leaving the Galveston port for Garfield (See the note!). He and C. S. were also major stock holders it the Florida Central and Western Railroad. He was also invested in and on the board of Directors of the Rio Grande Western Construction Company. He would become the railroad company's treasurer. (Al Adams Gold Rush Memorabilia Collection) Date: 1879 Location: Oglethorpe County, Georgia HWAC# 56940