Sewanee Mining Company Stock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Sewanee Mining Company Stock
100.00USDto i*********1+ (25.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Oct 20 @ 16:22UTC-7 : PDT/MST
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# 40 for 299 shares to William H Calhoun. Signed by Henry (?) and president Samuel H Tracy. "Incorporated 1852 - Rail Road Privileges 1854." One mining vignette and one locomotive vignette. Printed by EB Clayton & Sons of New York, Datelined New York 1855. Not cancelled. No edge, corner, pin hole of discoloration issues. Excellent condition! The Sewanee Mining Company had been formed in 1852 to develop coal mining on the plateau. It built the Mountain Goat railroad from the Nashville to Chattanooga main line in Cowan up the mountain to Sewanee and began mining operations at Coal Bank (near present day St Andrews – Midway) in 1856. There was little coal there and what coal was there was of poor quality. The company then extended the railroad tracks ten miles through the forest to the site where coal had first been discovered about 1845. The Wooten Mine was opened with the first load of coal shipped on November 8, 1858." [http://grundycountyhistoricalsociety.com] Prag Collection City: Sewanee State: Tennessee Date: 1855 HWAC# 80473