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Tioga Consolidated Mining Company Stock Certificate, Bodie, 1881

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 600.00 USD
Tioga Consolidated Mining Company Stock Certificate, Bodie, 1881
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No. #5985 dated Feb. 4, 1881 for 50 shares made out to E. A. Richardson, Trustee. Incorporated March 14, 1878 and capitalized at $10,000,000; 100,000 shares at $100 per share. The dateline is San Francisco. Signed by President A. J. Ralston and Secretary William H. Lent. Embossed company seal. Black on white; 4 x9 inches, Lith. Britton, Rey Co. S. F. From the Pacific Coast Annual Mining Review and Stock Ledger 1878, p.250: “Office, Rooms 2 and 3, San Francisco Stock Exchange. A. J. Ralston, president; W. H. Lent, secretary; W. Rose, superintendent; A. J. Ralston, John F. Boyd, R. N. Graves, W. M. Stewart, J. McAneny, trustees. Annual meeting, second Monday in April. No. of shares, 100,000. No. of assessments, 2. Total assessments, $20,000. Listed on San Francisco Stock and Exchange Board. It is situated among some of the best locations, and adjoins the Standard on the North. A shaft has been sunk to the depth of 200 feet, and discloses three veins, all gold-bearing. The indications partake of the same properties as the Standard, and there is no doubt, should present indications be verified, that the Tioga will prove one of the most prosperous mines in the district.” The Tioga Consolidated Mining Co. together with the Bechtel Consolidated Mining Co. was later involved in an important legal case with the Bodie Tunnel and Mining Co. in 1881-87 in which the status of an existing tunnel constitutes a valid claim. According to Balch 1882, the Tioga was 600 x 862 feet with "ore quite free of waste and will probably mill $25 ton" and the ledge between 4 and 6 feet in thickness. Secretary William H. Lent was involved in numerous Bodie mines and his father(?) William M. Lent was a key player on the Comstock and in Bodie.

Date: Location: Bodie, California HWAC# 572038