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People's Gold & Silver Mining Company, Monitor District, Amador County

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 900.00 USD
People's Gold & Silver Mining Company, Monitor District, Amador County
SOLD
450.00USD+ (112.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Oct 20 @ 10:17UTC-7 : PDT/MST
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Number 72(?) for 1 share to Effie Titlow. Datelined San Francisco 1864. Signed by secretary Samuel Newell and president William Haffley, Incorporated in December of 1863. Not cancelled. 25c Power of Atty Revenue Stamp. Crude vignette of very early steam engine. Location at "Monitor District, Amador Co., California." No printer. Fair condition. Tars and heavy folds. Large rips have been taped. Some have old tape and some that looks like new museum quality tape. I guess the best way to describe this mine is through Mark Twain's December 30, 1863 Territorial Enterprise. Excerpts include, "The certificate of stock is a curiosity in the way of unblushing rascality. It does not state how many shares there are in the company, or what a share is represented by." "The company is "to be" incorporated "for the purpose of purchasing machinery" - they only organize a company in order to purchase machinery - the inference is, that they calculate to steal the mine." "Who is "Wm. Heffly, Esq., of San Francisco," who knows it all, and who has calmly waited for three years without once swerving from his purpose of "starting a mining company" as soon as he could become satisfied that quartz-mining was a permanent thing? Cautious scoundrel! You couldn't fool him into going into a highway robbery like the "People's Gold and Silver Mining Company," until he was certain he could make the thing look plausible." Enough said! [Thank you to Karen Dustman, local historian and author of the book "Silver Mountain City (Clairitage Press) for background information on the mine and signatures.] Prag Collection City: Monitor District, Amador County State: California Date: 1864 HWAC# 79731