1803

Monitor Consolidated Mining Company Stock (80338)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:180.00 USD Estimated At:360.00 - 600.00 USD
Monitor Consolidated Mining Company Stock  (80338)
SOLD
180.00USD+ (39.60) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 16 @ 18:00UTC-7 : PDT/MST
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# 452 for 5 shares to DC Judd. Signed by RC Terry and president David Candy. Dateline 1866 Sacramento (unusual). Incorporated October 1863. 25c Power of Att'y revenue stamp. Not cancelled. Mountain mill vignette. Britton & Co. printer. Border nicks. Glue residue on back that does not affect the front. Three stamps. 1) ST Rose, 2) This stock is not assessable, April 2, 1866 and 3) LP Rose, New York, Apr 1866 (on stamp). Karen Dustman reports on a Monitor Consolidated Tunnel and Mining Company in her report on Silver City Mines. Although this certificate has a different name, it has the same secretary. Either there were two such companies with two nearly identical names or this is one company. The company had 25 parallel claims, each at 400' That is 10,000 feet all together. These claims lay on and across the western slope of the main Monitor Peak, and between the original locations on Boulder Hill and Monitor Creek. They commenced operations about the middle of November 1863 and by June 1864 had completed 315 feet of tunnel, with a "snug dwelling and a smith shop, just at the mouth of the tunnel." [Monitor Gazette] The Gazette went on to call it one of the principal claims in the district. RC Terry was a Sacramento hardware agent and Lewis Chalmers was a good customer of his. [Thank you to Karen Dustman, local historian and author of the book "Silver Mountain City" (Clairitage Press) for background information on the mine and signatures.] Ken Prag Collection

Date: 1863 (1866)
City/County: Silver Mountain, Monitor District
State: California