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Mokelumne Hill Canal & Mining Company Stock Certificate, 1853 105909

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 600.00 USD
Mokelumne Hill Canal & Mining Company Stock Certificate, 1853  105909
SOLD
100.00USD+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Oct 06 @ 11:00UTC-7 : PDT/MST
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These stock certificates were fully issued with no date. However, this one has a note on the back with the date September 23, 1853. This was a stock transfer note, os this cert was issued before that. Issued for one share to James Walton and signed by Henry Eno as president and E.H. Pomeroy as secretary. 3.75 x 9" Britton & Rey. Tears at border. Black smudge upper left. Mokelumne was first known as Big Bar in 1848 and was an important business center for the early gold miners in the southern region [Gudde, 1949]. The Mok Hill Canal and Mining Co. is not listed in Browne’s 1868 work covering the district (mineral Resources West of the Rocky Mountains, 1868). It is likely that this company was the predecessor to the Mok Hill and Camp Seco Ditch Co., active in the mid-1860’s. The canal, or ditch, as they were later known, probably brought water to the dry tertiary channels, known as the Mokelumne Hill Old Channel. It was basically mined out by the mid 1860’s. These certs are rare, but there are about four to six known. They are among the oldest of the Mok Hill certificates. City: Mokelumne Hill State: California Date: 1853