6791

New York Coal Mining Stocks, 2 [173265]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:400.00 - 800.00 USD
New York Coal Mining Stocks, 2 [173265]
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[?]Live Online Auction Starts In 2024 Nov 26 @ 08:00 (UTC-8 : PST/AKDT)
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2 different stocks. Issued 1839 with horse and cow vignettes, and issued plain white 1843, Tioga Coal, Iron Mining and Manufacturing. "Coal was first discovered in the Tioga region near present-day Blossburg around 1792. David Clemons opened the area's first mine in 1815 and less than twenty years later, two transportation companies had been formed to ship the district's coal to markets in New York state. The first was the Tioga Navigation Company, which was chartered in Pennsylvania in 1826. The second was the Tioga Coal, Iron, Mining, and Manufacturing Company, incorporated under the laws of New York in 1828 with the power to construct slack-water navigation from the Pennsylvania line to the junction of the Tioga and Chemung rivers near Corning, New York. The company was authorized in 1833 to build a railroad from the termination of the Chemung canal feeder to the Pennsylvania line, and was later renamed the Corning and Blossburg Railroad." from www.phmc.state.pa. [ New York