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Montrose Mining Co. Stock Certificate, Ouray, Colorado 1887 (51257)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:60.00 USD Estimated At:120.00 - 250.00 USD
Montrose Mining Co. Stock Certificate, Ouray, Colorado 1887  (51257)
SOLD
60.00USD+ (15.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Jan 26 @ 16:32UTC-8 : PST/AKDT
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Cert. #46, issued in 1887. Incorporated in CA. For years, we have been trying to identify with certainty, the location of this company's operations, and we finally have. From the E.M.J., May 7, 1887, pg. 339, "Another Colorado property will shortly appear on the market. During the week, the entire capital stock (200,000 shares) of the Montrose Mining Company was taken up in Wall Street by strong people inside of 48 hours, it is said. The company's mine is in the Uncompahgre district, near Ouray, Colorado. Insiders were expecting large returns from the property. Our certificate shows the authorized stock as 200,000 shares at $1 each, matching this report. Nice vignette of miners working underground wearing their hard hats with glowing candles. Signed by Edward H. Bunker as vice president and E.R. Grant as secretary (issued to Grant as a trustee). VF. Uncancelled. State: Colorado City: Ouray Date: