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Tallapoosa Land, Mining & Mfg. Co. Stock Certificate with a Twist

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Tallapoosa Land, Mining & Mfg. Co. Stock Certificate with a Twist
SOLD
160.00USDto m*****r+ buyer's premium (40.00)
This item SOLD at 2018 Mar 17 @ 11:44UTC-7 : PDT/MST
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1) Stick issued to Anna H Sherman in 1887. Number 671 for 20 shares. Signed by JH PLummer asst. secretary, D Carleton treasurer and (?) president. Large tear at seal, pin holes and edge issues. Stamped "Property Dividend Paid, Declared Oct. 31st, 1890." Mining Vignette. 2) Advertising for the Tallapoosa Furnace Company. Letter on Tallapoosa Nadf, Mining, and Mfg. Co. letterhead. Same vignette as the stock certificate. obviously closely tied together. Date December 3, 1888. Signed by OW Bullocks who was president of the Furnace Company and secretary/treasurer of the Mining and Land Company. 3) Small letter side broadside of advertising for investors. Back has a map of the area around Tallapoosa. Letter and broadside are in very nice condition.



Although this company was incorporated to take advantage of the mining in the area and the attached advertising is for a furnace, its real importance lie with grapes! "One of the numerous northern visitors to the county was Ralph L. Spencer, a Connecticut land speculator and entrepreneur who established the Tallapoosa Land Mining and Manufacturing Company in 1887. Spencer organized Tallapoosa's first municipal electric light company, water works company, and athletic association. He also was a prime investor in a glassware factory in town. When mining waned, Spencer embarked on what may have been his most interesting endeavor - the establishment of a planned community for the purpose of wine making. He invited some of Pennsylvania's Hungarian immigrants to leave their mining jobs and relocate to 2,000 acres near Tallapoosa, where they could produce wine. Led by their priest, Father Francis Janishek, 200 families accepted Spencer's invitation. They planted vineyards and established wineries in the community they named 'Budapest'." [New Georgia Encyclopedia online] Date: 1887 Location: Tallapoosa, Georgia HWAC# 60240