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Lumpkin Chestatee Mining Company Stock Certificate 2

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Lumpkin Chestatee Mining Company Stock Certificate 2
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This item SOLD at 2018 May 16 @ 13:20UTC-7 : PDT/MST
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Very early number 82. For 25 shares in 1867 to WIlliam Slade. Considerable issues. Was in three pieces but taped back together. Two panels are darker than the other. Uncancelled. 8.25 x 10.25". Vignette with 15 miners digging and panning. Large 25c brown Internal Revenue stamp. Signed by John R. French as secretary and William Windom as president.



William Windom is an interesting character. His parents were Quakers who abhorred lawyers. So, he became a lawyer. He moved to Minnesota and was elected to the United States Representative in 1859 when it became a state. He held this position until 1869.In 1870 he was appointed to the United States Senate when Daniel Norton passed away. He was Senator three different times from 1870 to 1883. In March of 1881 he was appointed United States Secretary of the Treasury by James Garfield. He held the position for nine months. In 1889 he was again appointed Secretary of the Treasury by Benjamin Harrison. He held the position for 22 months this time. In 1880 he sought the Republican nomination for President. He only received ten votes on the first ballot, but fifty ballots later the convention was looking for a compromise candidate. Windom's name was mentioned, but James A. Garfield was nominated instead. With his political longevity came some important accomplishments. He co-authored the Homestead Act of 1862. He was a strong advocate for railroad regulation. He promoted gold coinage and hard money. For his service to the United States, the U. S. Treasury issued the $2 Silver Certificate of 1891 bearing his portrait and name.



On top of all of this, he served as president of the Lumpkin Chestatee Mining Company from 1868 to 1874. The Lumpkin Chestatee was incorporated in 1867 and lasted into the 1880's. The mine was located roughly 10 miles south of the Chestatee River. (Al Adams Gold Rush Memorabilia Collection) HWAC# 56946 Date: 1867 Location: Lumpkin County, Georgia