4041

New York & Austin Silver Mining Stock [173282]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:225.00 USD Estimated At:450.00 - 1,000.00 USD
New York & Austin Silver Mining Stock  [173282]
UNCLAIMED MERCHANDISE: In the event that a successful bidder has paid in full for their merchandise but fails to settle outstanding shipping invoices or make arrangements for merchandise pickup within 60 days, HWAC reserves the right to declare the merchandise forfeited. This forfeiture will result in the merchandise becoming the property of HWAC and the successful bidder shall have no claim to or rights over the forfeited merchandise.
Issued # 509 for 750 shares to John Thompson. Datelined New York Sept. 5, 1865. Signed by secretary James Chapman and president S Lawrence. No incorporation date, but the certificate says of Nevada, so after November 1, 1864. Not cancelled. 25c Certificate Revenue Stamp. No pin holes, small lower right tear. By 1869 this company was still going strong. J Ross Browne in his work "Resources of the Pacific Slope" spends a lot of time on this company, the Florida Shaft, Sherman Shaft, Burns Shaft, etc. The Florida Shaft at this point was 800 feet long. The Sherman Shaft has just commenced and the Burns Shaft is in the works. Browne reports that the value of the ore removed is just about equal to the cost of machinery and manpower at this stage. 2 nice mining vignettes. Austin Nevada