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Ouray, Colorado Mining Stock Pair: Treasury Tunnel and Ouray GMC [155577]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
Ouray, Colorado Mining Stock Pair: Treasury Tunnel and Ouray GMC [155577]
SOLD
75.00USDto 6****A+ buyer's premium (18.75)
This item SOLD at 2023 Jan 21 @ 13:55UTC-8 : PST/AKDT
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Lot of 2 different scarce certificates. 1) Ouray Gold Mining Company, Limited. London. Stock issued for 5 shares in 1888. Signed by two directors and the secretary. Not cancelled. Blue border and print, pink background. Text in English and French. 12 coupons attached. 12 x 8.5" The company claimed the El Madhi Mine and sold stock without properly attaining ownership. 2) Treasury Tunnel, Mining and Reduction Company. Inc. in Colorado. No. 10, issued for 5,000 shares to president William Hammond in 1897. Pen cancelled. Green border, gold seal, black print, and vignette of the Treasury Building. Folds with stub attached. W. J. Hammond, Jr. founded the Treasury Tunnel Mining and Reduction Company in 1896. To create the Treasury Tunnel Mine, Hammond consolidated a number of his mining claims, including the Stumper and Old Ozzie. The tunnel was originally called the Hammond Tunnel and is located on the Stumper claim. Soon after the tunnel was started, the Silverton Railroad built a 2000-foot spur track from the Yankee Girl sidings to the Treasury Tunnel. Hammond hoped the treasury Tunnel would allow him to tap the gold deposits that were known to exist between Red Mountain and Telluride. By 1900, it had been driven over 2000 feet toward Telluride. (http://sanjuansbygps.org/treasury.html)

Date: 1888-1897
Country:
State: Colorado
City: Ouray
Provenance: