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Homestake Mining Company Stock Certificate, Signed by Lloyd Tevis

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
Homestake Mining Company Stock Certificate, Signed by Lloyd Tevis
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Very attractive certificate from this famous Dakota gold mine signed by legendary businessman Lloyd Tevis. Cert. #7830, issued to Lounsbery & Co. in 1896. The Homestake, one of America’s greatest gold mines was discovered by Moses Manual and Hank Harney in 1876. The famous trio of George Hearst, Lloyd Tevis and James Ben Ali Haggin took control in 1877. The mine produced millions of ounces of gold until it finally closed in 2002. Lloyd Tevis (1824-1899) started the Pacific Union Express Company in 1868 along with D.O. Mills, Leland Stanford, Mark Hopkins and Charles Crocker. The company operated the route between Reno and Virginia City, Nevada, and immediately got express priveleges from the Central Pacific Railroad (Loomis, Wells Fargo). In 1869, the Tevis group started accumulating shares of Wells Fargo after it had declined in price. After obtaining the controlling interest in Wells Fargo, the Pacific Union Express was consolidated into the company in 1870 (Loomis). Tevis was named president of Wells Fargo in 1872 and was president of the company for 20 years. Tevis made millions from his investments in the Homestake and along with Haggin, Hearst and Marcus Daly owned the great Anaconda mine in Montana. Tevis also had other ventures in California including the California Steam Navigation Company and the Pacific Ice Company (Wikipedia). Nice clear signature of the great Tevis. The certificate has stamp and hole cancels. American Bank Note, N.Y. printer. EF. City: Lead State: South Dakota Date: HWAC# 79069