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Pacific Investment Company Stock Certificate (Coal Mining) (107203)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Pacific Investment Company Stock Certificate (Coal Mining)   (107203)
SOLD
30.00USDto h***f+ (7.50) buyer's premium. + applicable fees & taxes.
This item SOLD at 2019 Jul 14 @ 08:49UTC-7 : PDT/MST
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Inc. in Utah, 1889. Stock number TWO, issued for 405 shares to John William Young on Sept. 1st, 1889 in Salt Lake City. Signed by president Bardar and asst. secretary UU Hiskey. Stamp cancelled. Black border and print, fancy company logo with floral vignette. Printed by Hall & O'Donald. Heavy folds, toning. 8.75 x 11" This was a coal mining operation at Durham, King County, Washington, now a ghost town. Durham was situated on the banks of the Green River, 40 miles east of Seattle. According to an 1889 report from Northern Pacific Railroad, a 2.9 mile branch was completed to Durham in 1888 by the Pacific Investment Co. to develop their coal mines (pg. 43). In 1889, it was reported 100 men were employed with an expected output of 300 tons a day. [Ref: Colliery Engineer, Volume 9, 1889] Ken Prag Collection

Date: 1889
State/Country: Washington
City/County: Durham