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New York & South Twin River Mining Company Stock Certificate (107773)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
New York & South Twin River Mining Company Stock Certificate  (107773)
SOLD
100.00USDto V********e+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Feb 15 @ 10:01UTC-8 : PST
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This is very likely a property at Ophir, Nye County, Nevada. We have sold stocks for the Twin River Mining Company of Nye County, also incorporated in New York at this time. We could not locate specific references to this company on newspapers.com or Holabird indexes. Inc. in New York. Stock no. 12, issued for 500 shares to L. Baker on Oct. 22nd, 1867 in New York. Signed by president Aaron Claflin and secretary Jno. James Stevenson. Not cancelled. Black border and print with elaborate vignette showing a miner, Native Americans, ships, trains, allegorical women, etc. Printed by Slate & James, NY. 25 cent US IR stamp attached at bottom left. Folds, two bent corners. 6.5 x 10.25" From the 1867 Report for the State Mineralogist of Nevada: "In Ophir Cañon Twin River Mining District Nye County is located the silver mine bearing this name. It crops out in crossing the cañon two and one half miles from Smoky Valley and about 1600 feet above the level of the latter. The course of the vein is nearly north and south its dip being easterly at an angle of 40. The lode appears to be twenty feet wide but the richest portion of it varies from three to eight feet in width. When it was discovered in June 1864 some beautiful specimens of native silver were found in the croppings and occasionally delicate flakes of virgin metal are seen in the seams of the quartz now being extracted. The Murphy the Green and the Twin ledges three parallel locations each of 1000 feet running northerly from the cañon passed into the hands of the Twin River Mining Company of New York in August 1865. Immediately on completion of the purchase steps were taken to build a road from Smoky Valley to the mine. Owing to the steep and rugged nature of the ground this was no easy undertaking but a passable road was open in about two months by an outlay of $5,000. Work has been prosecuted on the mine steadily for fourteen months and though thousands of dollars have been thrown away through ignorance in mining matters of the New York agent and mismanagement generally yet it is now clearly demonstrated that the Murphy is a mine of immense value and quite capable with anything like sensible management in the future of yielding handsome dividends even on the heavy expenditure which has been so needlessly incurred both on the mine and mill of the company."

Provenance:
Country (if not USA):
State: Nevada
City/County: Nye County, Ophir
Date: 1867