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Superior Gold and Silver Mining Co., Great Mogul District, El Dorado County

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 900.00 USD
Superior Gold and Silver Mining Co., Great Mogul District, El Dorado County
SOLD
450.00USD+ (112.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Oct 20 @ 10:00UTC-7 : PDT/MST
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# 346 for 7 shares to Mrs. ML Robinson. Signed by secretary John Gould and president HC Dobb. dateline San Francisco 1863. Incorporated on October 29, 1863. Located at the Great Mogul District, El Dorado County. Pink background. Not cancelled. Small 'Eureka' vignette. Alta Job Print. Wrinkled with slight corner and edge issues at the top. The Superior was in the Great Mogul District. In June of 1864 they gave notice of an assessment of 50 cents/share; John W. Gould was Secretary, with office at 406 Montgomery St, San Francisco (1864 June 25 MG). The newspaper called it "the original location of the Mogul lode" and reported there were 5,800 shares, capital stock of $586,000 They had a tunnel 705 feet in length, to which they were busy adding ventilation pipe. "They are now in hard blue quartz, which is believed to be the eastern casing rock, and the best judges are of the opinion that thirty or forty feet more of tunnel will open the Mogul lode, which is undoubtedly the best defined and largest in California....This monster lode was first discovered by a Frenchman, in the fall of 1860, by the name of Cadwalder, and in the spring of 1861 he took some fine specimens of the croppings to San Francisco, and being under the impression that it would require five years to open the mine, disposed of his entire interest and sailed for his native land. His partner became insane on the strength of the old ledge, and, when last heard from was rusticating in the vicinity of the town of Stockton." (1864 June 25 Monitor Gazette). By September, their tunnel was in 725 feet and they were 300 feet beneath the croppings, with three shifts, “prosecuting their work night and day”; this was described as the “monster ledge of this district”; M. Scott was Superintendent. (1864 Sept 10 MG). [Thank you to Karen Dustman, local historian and author of the book "Silver Mountain City (Clairitage Press) for background information on the mine and signatures.] Prag Collection
City: Great Mogul District, El Dorado County State: California Date: 1863 HWAC# 79724