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Mokelumne Hill Canal & Mining Company Stock Certificate, California Gold Rush

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
Mokelumne Hill Canal & Mining Company Stock Certificate, California Gold Rush
SOLD
200.00USDto C*****r+ buyer's premium (50.00)
This item SOLD at 2018 Mar 16 @ 17:05UTC-7 : PDT/MST
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Incorporated in the State of California. Certificate No. 2670 issued for one share to Alfred Bell. Capitalized at $400,000; 4000 shares at $100. Per. No date listed, however most likely between 1852 and 1854. A receipt for stock valued at $100 per share is known as early as October 1852. Signed by Henry Eno as President and E. Pomeroy as Secretary. Endorsed by Bell on reverse. 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 1850Ís, Alpine County in the mid 1860Ís 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.) Black print on crme paper; printer: Lith. Britton and Rey, S.F. Uncancelled. Approx. 3.5 x 8.75". 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) very fine piece. (Ref. HK5-18-10-323 P382) (Al Adams Gold Rush Memorabilia Collection) Date: Location: Mokelumne Hill, California HWAC# 58567