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Lot of Manitou Cliff Dwellers Ruins Company Stock Certificates

Currency:USD Category:Western Americana Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
Lot of Manitou Cliff Dwellers Ruins Company Stock Certificates
SOLD
160.00USD+ (40.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2017 Dec 03 @ 15:33UTC-8 : PST/AKDT
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These eight certificates were purchased in 1907 by the Citizens Development Company for between one and ten shares. These are signed by president J Shumaker and secretary CD Weimer. Attached to each stock is a copy of a letter about a five per cent assessment to start to improve the property. And you get preferred stock in exchange for your money! Although the Manitou Cliff Dwellings certainly sounds real, in fact they are not! The Manitou Cliff Dwellers Ruins Company (recognizing the tourist interest in ancient ruins) dismantled an Anasazi ruin in McElmo Canyon and transported it to Manitou Springs, where they reassembled the stones into a replica Anasazi cliff dwelling that was opened to the public in 1906. It was reported that they spent over $100,000 to transport and reconstruct the dwellings. No wonder they needed more money! The certificates are in very impressive shape! Date: 1907-1910 Location: Colorado Springs, Colorado HWAC # 54514