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South-Western and Arkansas Mining Company Stock Certificates (60263)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:75.00 USD Estimated At:150.00 - 400.00 USD
South-Western and Arkansas Mining Company Stock Certificates  (60263)
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Pair of sequentially numbered 1850 Arkansas stock certificates. These small sized silver company stock certificates measures 4 x 7.25". Number 539 and 540 issued to George A Worthen for $100 (NOT SHARES). Signed by president Thomas Minton(?) and George A Worthen as secretary. The original Kellogg mine was opened in 1840 south of Kellogg Creek by the South Western and Arkansas Mining Company, under a lease from Benjamin Kellogg. It was followed by several other mines on both sides of the creek; they all ceased operations before 1852. Operations in this period yielded up to 500 tons of lead-silver concentrate, valued at $90 to $100 per ton, all of which was shipped for processing to Liverpool, England. [Encyclopedia of Arkansas History & Culture online] See also Whitney Page 115. The company was incorporated in Arkansas in 1849. VF+. Cut roughly. One has two pin holes from heavy writing. State: Arkansas City: Date: 1850