1096

Mariposa Company Stock Certificate (126235)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Mariposa Company Stock Certificate  (126235)
SOLD
160.00USDto 8*************e+ buyer's premium (40.00)
This item SOLD at 2020 Dec 17 @ 09:57UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping is subject to a minimum charge of $19.00. Shipping and handling cannot be estimated prior to invoicing as it is based on the size and weight of your purchase. Additional shipping and handling costs, if required, will be re-invoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size.SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size a...
No. 4709, issued for 100 shares to Wallberg & Co in 1869. Incorporated in New York on June 25th, 1863 and signed by president Philip Homes and secretary, James H Ferdow. Not cancelled. Vignette of miners feeding ore to a stamp mill. JO Seymour printer. Two 25c revenue stamps: both certificate. Condition issues: Pinholes, folds, creases, tape repairs, some staining. 9.5 x 11" Fremont spent six years after California statehood attempting to have his Mexican Land Grant validated under American Law. Finally, in 1856, the Supreme Court restructured and approved of his original claim. Known as the Rancho Las Mariposas Grant, this included the mineral rights not previously obtained over a property area of over 70 square miles. Fremont then reclaimed the property which had been illegally claimed and developed by others. He tried to obtain financing to continue to develop the mines on the property. However, the Civil War had started and in January 1863, Fremont, then a Major-General in the Union Army, sold Rancho Las Mariposas with its mines and infrastructure to Morris Ketchum, a New York City banker, who formed a public corporation, the Mariposa Company incorporated in 1863, and sold stock. Later that year, Frederick Law Olmsted, noted New York architect, came to Mariposa as superintendent for the Mariposa Company. Olmstead was not a mining expert however, he administered investments in stamp mills, tunnels, shafts, and the other infrastructure related to nearby mining towns. The Mariposa Company was incorporated in 1863 and by the next year had five mines and five mills operating. The richest gold quartz ore came from the Princeton Mine.

Date: 1869
Country (if not USA):
State: California
City: Mariposa
Provenance: Ken Prag Collection

ATTENTION CHRISTMAS SHOPPERS! If you’ll be needing your auction winnings for Christmas delivery, please let us know right away. We realize there is a very tight window for Christmas shopping, and we will do our best to get the goods out. We are only able to offer this service to a select few and expedited fees will apply! The rest of the shipments will go out after Christmas. Contact us for further assistance or questions about Christmas delivery.