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Tioga Coal, Iron, Mining & Manufacturing Loan Certificate, 1841

Currency:USD Category:Collectibles / Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Tioga Coal, Iron, Mining & Manufacturing Loan Certificate, 1841
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You don't find many mining certificates dating back as far as the 1840s. Inc. 1833. No. 202, issued for $1,000 payable at 6 percent per annum. Signed by Bowen Whitney, president, and HW Bostwick, treasurer. 8.25" x 10.5" Some staining on top border. Very thin paper. According to the 1843 New York State Register, this company, along with the Tioga Navigation Co., merged to form the Blossburg & Corning Railroad. The coal and iron mines were located in Blossburg, PA. The railroad went 40 miles from the mines to Corning. Estimated production of coal in 1841 was 40,000 tons. (Prag Collection) Date: 1841 Location: New York HWAC # 54881