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Todd's Valley Water Company Stock (85241)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:250.00 USD Estimated At:500.00 - 600.00 USD
Todd's Valley Water Company Stock   (85241)
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# 5! For 3 1/3 shares of the 320 shares available. To P Powell and Huber. Signed by HW Brown and president Huber. Located in Placer County. Reverse shows transfer of stock in 1865. Uncancelled, Small tears top and bottom edge. Very nice. Came with this history, Todd's Valley was first settled by Dr. Todd, who built a log house for a store and hotel, on the site of his present residence, at his ranch in the lower suburbs of the town, in June, 1849. The location at that time was the most eligible one to be found north of the Middle Fork of the American River, and was the proper distance from the river to catch all the travel from the old diggings in EI Dorado county to the new placers at Stony Bar ,Horseshoe Bar and Rester's Bar. We found a reference to Todds Valley Ditch Company which built more than 12 miles of works with a 400 inch capacity operating between 1856 and 1859. The town of Todd's Valley was nearly destroyed by a fire in 1859 and eventually lost out much of its population to Yankee's Fork, the nearest town. Apparently the company stayed alive for some ten years, at least. Ken Prag Collection

Date: 1854
State/Country: California
City/County: Todd's Valley