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Orion Silver Mining Company of Arizona Stock Certificate [129648]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:30.00 USD Estimated At:60.00 - 150.00 USD
Orion Silver Mining Company of Arizona Stock Certificate [129648]
SOLD
15.00USD+ (3.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Nov 19 @ 10:57UTC-8 : PST/AKDT
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Interesting stock. Organized in New Jersey. An Arizona mining stock issued for shares in another mining company, the Montana Gold & Silver Mining Company (of Montana). No. 29, issued in 1881 for 12.5 shares. Signed by president Hamilton Disston and secretary BF Hart. Not cancelled. Black border and print, folds, hole in seal. 5.25 x 8.75" We have sold different versions of this stock that have "Pima County" printed on it (and same corporate signatures). According to a Dec. 5, 1878 article in The Times of Philadelphia, the company was named after the Orion Club in Philadelphia. They organized to purchase eleven different mining sites in Arizona. The company had decent ores and built a mill which ran intermittently for lack of water. Disston as the son of a millionaire saw manufacturer in Philadelphia. He would make a dramatic purchase of 4,000,000 acres of Florida swampland for 25c and acre. He would turn this into buildable land. [Garbani] The Montana Gold and Silver Mining Company is reported as having the same corporate officers and working the Gregory Mine, near Jefferson City. [Helena Weekly Herald, Jun. 29, 1882]

Date: 1881
Country (if not USA):
State: Arizona
City: Pima County
Provenance: Stuart Mackenzie Montana Mining Collection