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Jim Pascoe Iron Company of Marquette, Michigan Stock Certificate, 1881 (111764)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Jim Pascoe Iron Company of Marquette, Michigan Stock Certificate, 1881  (111764)
SOLD
75.00USD+ (18.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Jun 26 @ 23:11UTC-7 : PDT/MST
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Cert. #87, issued for 50 shares at Marquette, Michigan and signed by Alfred Kidder as president and C.H. Cady as secretary. Vignette of miners at left and a paddlewheeler at the right of the state seal. Incorporated in Michigan. This Company was organized in the fall of 1881. No recent discovery in the Marquette iron region has attracted so much attention as this still celebrated "find." It certainly gives promise of becoming a very large producer of medium quality hematite ore, averaging 60 % in metallic, 2 % silica, and 0.18 % phosphorus. The samples were taken along the vein the length of the property. (Annual Report of the Commissioner Of Mineral Statistics of the State of Michigan, For 1881). About 30 men were working for the company under the supervision of Capt. John Foley. Alfred Kidder was appointed agent of the Champion Mine in October, 1874 and in January, 1881, was appointed agent of the Milwaukee Mine. He also opened the Dalliba Mines, and, together with Capt. Pascoe, of the Champion; organized the Jim Pascoe Iron Company. In VF condition. Uncancelled.

Provenance:
Country (if not USA):
State: Michigan
City/County: Marquette
Date: