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Security Mining & Milling Company Stock Certificate (104299)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 200.00 USD
Security Mining & Milling Company Stock Certificate   (104299)
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"of Rosita, Custer County, Colorado." Inc. in Colorado. No. 4124, issued for 100 shares to James N. Ham on March 30th, 1888 in Rosita. Signed by president A.A. Rowe and secretary Jas. Cartwright. Not cancelled. Attractive design with red border, black print and two different mining vignettes. Printed by ABN. Pinholes, folds, small ink stain. 7 x 10.75" Not listed in Corregan & Lingane. The company was founded in 1884 and ran the Leavenworth, Plymouth, and Julian mines in the Rosita area. In 1885, they purchased the Silver Cliff MC properties at Silver Cliff (8 claims and two stamp mills). They developed an open pit mine there and worked it through 1887, even though they started to receive bad press and rumors that they were a scam. They reported a bonanza discover in 1887 and decided to drive a shaft called the Geyser Shaft in July 1887. They continued working on it until June 1888 when they shut down. The shaft had reached a depth of 440 feet. Many of the same people who had formed this company then formed the Geyser Mining & Milling Co. to continue the shaft. They dug into the 1890s, reaching an impressive depth of 2,600 feet before closing in 1900. [Ref: https://www.mininghistoryassociation.org/Journal/MHJ-v15-2008-Copeland.pdf] Ken Prag Collection

Date: 1888
State/Country: Colorado
City/County: Rosita & Silver Cliff