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Starr-Grove Silver Mining Company Stock Certificate (100880)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Starr-Grove Silver Mining Company Stock Certificate  (100880)
SOLD
30.00USDto V********e+ buyer's premium (7.50)
This item SOLD at 2019 May 17 @ 15:54UTC-7 : PDT/MST
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Lewis District, Lander Co., Nevada (printed on certificate). Inc. in New York. No. 150, issued for 150 shares to M.E. Feyh on Dec. 6th, 1880. Signed by president William S Clark and secretary John Bathwell. Not cancelled. Black border and print. Allegorical vignette with woman and bald eagle. Also small dog head vignette at bottom. Printed by ABN. 7 x 10.5" Pinholes, folds, creases. William Smith Clark (1826-1886) of Amherst, MA was also the president of the Massachusetts Agricultural College (now University of Massachusetts at Amherst), as well as president of Sapporo Agricultural College in Japan (now Hokkaido University). When gold was discovered in Lewis Canyon, about 10.5 miles southeast of Battle Mountain, people in and around Amherst, Clark’s home town, rushed to purchase stock in the new company. But when the company announced the proposed construction of a 12-mile narrow gauge railroad from Lewis Junction to the town of Lewis and the mines south of town, and dividends ceased to be paid, many investors sold their shares. The line was completed in 1881. Accumulated debt, however, quickly caused the sale of the railroad right-of-way, and soon after the Starr-Grove mine went bankrupt, and operations ceased. [Ref: Railroads of Nevada and Eastern California, Myrick] Ken Prag Collection

Date: 1880
City/County: Lander County, Lewis District
State: Nevada