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Palmyra Nevada Territorial Stock Certificates [173777]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:300.00 USD Estimated At:1,200.00 - 1,700.00 USD
Palmyra Nevada Territorial Stock Certificates [173777]
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1) Rey del Monte MC Stock. Dateline San Francisco. Early number 12 for 25 shares to Charles Hosmer. Signed by R. N. Van Brunt and president JD Fay(?). Hosmer was a San Francisco mining stock broker. On September 29, 1860 he purchased 20 feet of the Copperas Tunnel claim. Used a promissory note dated April 1, 1861 to secure it. This shows a definite Nevada connection. The area was still in the Utah Territory at this time. [Records of Carson County, Utah and Nevada Territories by Ellison]. Incorporated March 18, 1863. Not cancelled. 25c Protest revenue stamp. Location: Palmyra District, Lyon County, N. T. Towne & Bacon printer. Nicks along borders. Dog ear upper left. Overall very nice. The Sacramento Daily Union reported on December 12, 1862 (four months before incorporation) that the Rey del Monte of Palmyra is "yielding rock of extraordinary richness." The ore shows plenty of free standing gold and silver. And the "owners are industriously engaged in raising ore from their mine for crushing next spring." The Palmyra district, which included the towns of Palmyra and Como, was organized in 1862 in the Pine Nut Mountains 8 miles southeast of Dayton between the Sullivan (to the southwest) and Indian Springs (to the northeast) districts. [Nevada Mining Districts by Tingley]
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Date: 1863
Country(if not USA):
State: Nevada
City: Palmyra City, Lyon County
Provenance: