The Colorado Powder Company Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
The Colorado Powder Company Stock Certificate
60.00USDto l******8+ (15.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Mar 17 @ 08:58UTC-7 : PDT/MST
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and...
Number 60 for 38 shares to HR Wolcott in 1882. Signed by secretary JO Bosworth and Henry Wolcott. Signed on back by Henry R Wolcott. This company had a patent that they could produce powder for 9c cheaper than what was being charged for powder from the east. The mill was completed in 1884 and they started to sell powder for 28c a pound. The powder back east was immediately dropped to 20c a pound. Superintendent Bosworth told a committee that the railroads were giving East Coast powder a rebate to ship to Colorado by train. Wolcott went back east to investigate and found that the east coast monopoly and the railroads were too powerful. The mill ran for six months, but since they were up against the powerful DuPont family, they realized they could not win. So they closed the mill. Pen and hole cancelled. Otherwise in great shape! (Al Adams Gold Rush Memorabilia Collection) Date: 1882 Location: Denver, Colorado HWAC# 58324