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Mariposa Land & Mining Stock Certificates

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:NA
Mariposa Land & Mining Stock Certificates
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120.00USD+ (28.80) buyer's premium + applicable fees & taxes.
This item SOLD at 2017 Mar 04 @ 08:37UTC-8 : PST/AKDT
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Lot of two. 1) Mariposa Land & Mining Company. Issued in New York in 1881 for 50 shares. Not cancelled. Red border, allegorical vignette with bear. Slight fold marks. 2) Mariposa Development Company. No. 99, issued 2,500 shares in 1933. Not cancelled. Eagle vignette and gold seal.



In 1863, the Mariposa Mining Company of New York was established to organize mining operations on the 70 square miles of John C. Fremont's Las Mariposas Estate in Mariposa County, California. The estate encompassed Bear Valley and was encircled by Mount Bullion on the east and the lower foothills of the Sierra Nevada on the west. The Merced River ran along the northern line of the property. The Mariposa Mining Company operated, with some difficulty and constant litigation over title to the estate, until 1874, when it was bought out by the newly formed Mariposa Land and Mining Company of California, which assumed complete ownership of the Mariposa Estate. John C. Frémont's wealth declined after investing heavily and purchasing an unsuccessful Pacific Railroad in 1866. Frémont served as Governor of Arizona appointed by President Rutherford B. Hayes and served from 1878 to 1881. Frémont, retired from politics and financially destitute, died in New York City in 1890. (Prag Collection) City: Mariposa State: California Date: 1881 & 1933 ID# 34118