5379

Palmetto Consolidated Mining and Milling Company Stock (89448)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Palmetto Consolidated Mining and Milling Company Stock  (89448)
SOLD
850.00USD+ (212.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Mar 11 @ 12:40UTC-7 : PDT/MST
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# A62 for 1000 shares to BP Crane. Signed by A Earle and president William M Lent. Dateline New York 1880. Incorporated 1880. Underground mining vignette. American Bank Note printer. Two pin holes and one stain upper right. Very nice! The Times of Philadelphia notes on May 31, 1880 that JH Maugham effected a sale of the Palmetto, etc to a New York syndicate. A leading member of this company is William M Lent, "a well-known practical California miner"With a large capital, machinery is already on the move to Colorado. William M Lent was the first to countenance and aid the early locators of the Comstock with money and at one time advanced the necessary means to develop the Central, Mexican, Savage, Bullion, and Yellow Jacket mines. If he was an older man, he might be called one of the fathers of the Comstock. Bill, as he was known familiarly by the miners, did almost as much to develop the Comstock as even the present kings. That Mr. Lent has been connected with nearly every prominent mining enterprise on the Pacific Coast is simply an undeniable fact. Mines are Lent's hobby. The latest, and perhaps the most successful, venture of Mr. Lent's has been in the Bodie District, Mono County, California The Bodie mine has certainly developed most wonderfully - far beyond the expectation of even the most sanguine holders. Prag Collection


Date: 1880
City/County: Hinsdale County
State: Colorado