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Palmetto & Death Valley Gold Mining Co. Stock, 1906 (111687)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Palmetto & Death Valley Gold Mining Co. Stock, 1906  (111687)
SOLD
90.00USDto t*******d+ buyer's premium (22.50)
This item SOLD at 2020 Jun 26 @ 14:47UTC-7 : PDT/MST
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# 125 for 1,000 shares to Bert L Smith trustee. Signed by secretary Henry Stimler and president HC Stimler. Dateline 1906. Incorporated July 28, 1905. "Principal Office: Goldfield, Nevada." Black and red on brown safety paper. John Partridge, SF, printer. Mercurial vignette. Not cancelled. Palmetto is right on the Nevada/California border. A revival occurred in Palmetto in 1906 when mines were reopened. People and businesses rushed back to town. Over 200 tents were put up on a town site one-half mile west of Palmetto. A commercial street was laid out with stores, markets, feed yards, restaurants, lumber companies, saloons and doctors' offices. The mines soon declined, and in the autumn of 1906, miners abandoned the town. In 1907 the Consolidated Nevada Mines Syndicate took over this property [Mining World]. Stimler was an important name in 1900's Tonopah/Goldfield history. Stimler and Marsh discovered three claims on Columbia Mountain which became the Goldfield district. A nice signature piece.

Provenance: Ken Prag Collection
Country (if not USA):
State: Nevada
City/County: Palmetto
Date: