4533

Standard Mutual Mining Company of Baltimore, Maryland Stock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Standard Mutual Mining Company of Baltimore, Maryland Stock
SOLD
50.00USDto D******3+ buyer's premium (12.50)
This item SOLD at 2018 Dec 08 @ 15:33UTC-8 : PST/AKDT
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Early number seventeen (you rarely see numbers spelled out) for 1000 shares to William S Monroe. Signed by Ono M Inez(?) and president Morrow. Dateline 1887. Incorporated 1887. Not cancelled. Gold border writing and vignette. Vignette seems to be specific to this location! Printer William J C Dudany. 9.5 x 11.5". Oversize cert has lead to corner and edge issues - especially on top. Pencil note "Odd Fellows Hall, Baltimore City." "The company was organized in 1887 with a capital stock of $10.000 000 shares $10 each non assessable. It was incorporated under the laws of the State of Maryland. The property consists of the Atwood, Henry Clay, Yellow Jacket, Surprise, Polar Star and Ophir claims of which the first three are patented. On the Atwood and Henry Clay claims 1,600 feet of development work has been done. They are all in the camp of Shakespeare in Grant County two and a half miles from the Southern Pacific Railroad and formerly belonged to the Atwood Mining Company from whom we purchased them. Last June some Oil City people became interested in the Enterprise and agreed to pay us $104,000 and to erect a 30 stamp mill complete on the property for 800,000 shares of our capital stock. They commenced work on the mill two months ago. The $104,000 will pay off the balance due on the purchase of the mines and therefore when our mill is completed we will not be a dollar in debt." Reported by William S Morrow. [Engineering and Mining Journal, Volume 48, 1889] Prag Collection State: New Mexico City: Grant COunty Date: 1887 HWAC# 83986