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Tenabo Mining and Smelting Company Stock

Currency:USD Category:Collectibles / Mining Start Price:35.00 USD Estimated At:70.00 - 120.00 USD
Tenabo Mining and Smelting Company Stock
SOLD
45.00USDto p*****0+ buyer's premium (10.13)
This item SOLD at 2015 Apr 10 @ 14:51UTC-7 : PDT/MST
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Uncancelled stock, no. 4261 issued to William Bloom, 1000 shares, president (illegible) and John James, Secretary, 1910. A rush immediately developed after silver and gold ore was discovered during the summer of 1906. A townsite was platted and by 1907 Tenabo had a population of 1,000. The residents supported a wide range of businesses including restaurants, hotels, assay office, grocery store, lumberyard, a school, and many saloons. A mill was built in nearby Mill Gulch. By 1909, most of the mines were controlled by the Tenabo Mining and Smelting Company. However, by 1911 the cost of producing the ore became higher than the value of the ore. The post office closed in 1912 and Tenabo quickly declined. The Tenabo mining and Smelting Company sold all of its holdings in 1920 after producing 12 million ounces of silver and 25,000 ounces of gold.

City: Tenabo
State: Nevada,
Date: 1910

FHWAC#: 25507