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Legal Tender Mining Company Stock Certificate [113865]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 150.00 USD
Legal Tender Mining Company Stock Certificate [113865]
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Inc. in Montana Territory. No. 1189, issued for 500 shares to EW Carlies in 1882. Signed by vice president Cole Sanders and the secretary. Not cancelled. Ornate border, black print. Pinholes, folds, very fine. 6.75 x 10.5" The Legal Tender Mine is "one of the most famous mines of Montana, and has produced the richest ore ever shipped in quantity from the Territory." In 1881, this company was reopening the mine, which had been worked in the 1870s. Their plan was to erect hoisting machinery to sink a 750 ft. shaft on the property, as well as build a mill facility that would consist of two Huntington mills. In Nov. 1881, the company discovered a rich six-inch vein of ruby silver and silver glance ore, and deposited the specimens at the First National Bank in Helena. [The Independent Record, May 27, 1881 and Nov. 18, 1881]

Date: 1882
Country (if not USA):
State: Montana
City: Helena
Provenance: Stuart Mackenzie Montana Mining Collection