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North America Consolidated Gold Mining Co. Stock Certificate, 1904, Hydraulic Mining Vignette

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 500.00 USD
North America Consolidated Gold Mining Co. Stock Certificate, 1904, Hydraulic Mining Vignette
SOLD
100.00USD+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 16 @ 17:47UTC-7 : PDT/MST
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Fantastic vignette! Certificate #88 for 10,000 shares made out to J. R. Lewis on Feb. 26, 1904. Incorporated on August 24, 1878. Signed by Secretary, A. P. Hatcher and President, J. R. Koched. Not cancelled. 8.5 x 13" Beautiful vignette of two water cannons being used in a hydraulic mining operation. Folds and creases. Clean. Hydraulic mining had been banned in the State of California due to the damage caused by it to streams and adjacent lands. Later permits were given enabling hydraulic mining to be resumed after careful review and a company’s plans and projects. By act of Congress approved March 1, 1893, the California Debris Commission was created. The duties of the Commission as prescribed in that act may be placed under two general headings, viz:

(1) To regulate hydraulic mining in the territory drained by the Sacramento and San Joaquin River systems in the State of California, by requiring the operators of hydraulic mines to impound and restrain debris resulting from their operations so that such debris would be prevented from being carried into the river systems above mentioned.

(2) To mature and adopt plans to improve the rivers comprising said systems, deepen their channels, and protect their banks, with the view of restoring to the conditions existing in 1860 the navigability of said rivers as far as practicable and as far as the necessities of commerce and navigation demand. The Yuba River was filled with more debris and probably still carrying more detritus than all the other tributaries of the Sacramento River combined. This general project for the treatment of the Yuba River was adopted by act of Congress approved June 13, 1902. On Nov. 16,1903 the North America Consolidated Gold Mining Company was one of the few mines to receive a permit.

Date: Location: San Jose, California HWAC# 572035