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Mokelumne Hill Canal & Mining Company Stock Certificate (107028)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:250.00 USD Estimated At:500.00 - 800.00 USD
Mokelumne Hill Canal & Mining Company Stock Certificate    (107028)
SOLD
250.00USDto C*****r+ (62.50) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 13 @ 09:05UTC-7 : PDT/MST
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Incorporated in the State of California. Certificate No. 1785, issued for one share to James Walton. No date listed, however most likely between 1852 and 1853 (reverse has 1853 transfer date). Signed by Henry Eno as President and E. Pomeroy as Secretary. Not cancelled. Black border and print. Britton & Rey, SF. 3.75 x 9"Creases, uneven edges. An attorney and prospector, Henry Eno was an important pioneer in both California and later Nevada Mining history. His letters spanning 20 years provide an intimate glimpse in the mining camps Mokelumne Hill in the early 1850’s, Alpine County in the mid 1860’s and White Pine, County, Nevada in the late 1868-9. (Reference: Twenty Years on the Pacific Slope – Letters of Henry Eno from California and Nevada 1848-1871 by Turrentine Jackson.) The Mokelumne Hill Canal and Mining Company was organized in 1852, and a 16 mile canal was constructed for $180,000 from the South Fork of the Mokelumne River to the mining and agricultural districts around Mokelumne Hill. The area boomed with the arrival of water in 1853. This company was one of a number of western financed ditch companies organized for bringing water to the California placer gold deposits and Mokelumne Hill was one of the richest areas of California's Mother Lode. This company was the predecessor for the Mokelumne Hill and Camp Seco Ditch Co. They first built a wood flume, but replaced it with a ditch at a cost of $500,000. These ditch or canal companies charged for the water by the inch. In 1853 water arrived from the Mokelumne River and the area boomed. This company later reorganized as the Mokelumne Hill and Campo Seco Canal Company and extended to Campo Seco and mining camps along its course. The company later reorganized as the Mokelumne Hill and Campo Seco Canal Company. (ref: Browne, 1868, p195 and calaverashistory.org) Ken Prag Collection

Date: c1853
State/Country: California
City/County: Calaveras County