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Phillipsburg Town Minutes 1893-1895 [163333]

Currency:USD Category:Collectibles / Paper Start Price:10.00 USD Estimated At:300.00 - 500.00 USD
Phillipsburg Town Minutes 1893-1895 [163333]
SOLD
45.00USD+ (11.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Mar 18 @ 09:11UTC-7 : PDT/MST
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Ledger containing the minutes of the proceedings of the Board Of Aldermen of the Town of Phillipsburg from Jan. 1st, 1893 to June 20th, 1895. 9 x 14 inches, containing 200 typewritten pages (some are handwritten). Much of Philipsburg's prosperity was linked to the development of the rich silver mines approximately four miles away at Granite. Initially discovered in 1875, development didn't start until 1880 when an ore sample from the Granite Mountain lode was assayed at a staggering 2,000 ounces of silver per ton. In 1884 the mines were starting to produce and the town of Granite was established. Good times finally came to an abrupt end with the repeal of the Sherman Silver Purchase Act in 1893. The Granite mines shut down by the end of the year, and were idle until 1898 when some of the larger mines were consolidated and reopened. Silver mining continued into the new century but Philipsburg was not as prosperous as it had been before the 1893 crash.

Date:
Country (if not USA):
State: Montana
City: Phillipsburg
Provenance: Stuart MacKenzie Montana Mining Collection