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Tolles Gold & Silver Mining Co. Stock Certificate, Peavine District, Washoe Co., Nevada Territory

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
Tolles Gold & Silver Mining Co. Stock Certificate, Peavine District, Washoe Co., Nevada Territory
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This item SOLD at 2018 Mar 23 @ 14:05UTC-7 : PDT/MST
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Ultra rare location. Dix Ledge, Pea Vine Mining District, Washoe County, N.T. (printed below logo). Incorporated May 1863. Dateline Washoe City, N.T., October 12th, 1863. No. 222, issued to Jacob Kelly for 5 shares. Signed by C. Lambert, president, and James H. Kinkead, secretary. Not cancelled. Three vignettes: surface working (center), prospector (left side), and small eagle (bottom center). Printed by Towne & Bacon Printers, S.F. Deep folds, some staining, rough corners.

Colonel James Kinkead was a pioneer of Nevada and is described in The History of Nevada by Davis. At the age of 18, he arrived in Washoe City in 1861 and was among the first to open a mercantile house there with Isaac Mears. He served as deputy sheriff for Washoe County for 8 years before trying mining in the Pyramid Lake region. In 1885, he moved to Virginia City and served as superintendent for the Best & Belcher, Utah, Occidental, and Kentuck mines. He also invented a milling process for working low-grade ores (the Kinkead Process). Charles Lambert is also mentioned by Davis. He made a fortune in Washoe City and served the county in the legislature as a Senator before retiring to California.

This mining company not in Filer. The Peavine District was organized in 1863. It covers an area 16 miles (east to west) and 8 miles (north to south) in the hills north of the Truckee River. Reno was located at the center of the south side of the district. Poeville was a town located at a spring in the center of the district. Peavine Peak is the highest point in the district. The northwest part of the district was serviced by the NCO railroad. Browne described the district in 1867. He says it was originally laid out to be 20 miles east to west and 10 miles north to south. He reports that gold & silver occur in quartz veins with copper carbonate ores.The Bay State Mining Co. was planning on installing a Haskell smelter at Reno. Dr. Landszwert of Reno had copper ores containing $150 in gold and $250 in silver. In 1868, Browne reports that there are 13 veins opened in the district, striking north/south, and cutting through granite and metamorphosed sediments. Hague, 1870, reports: "Veins of copper ore have been opened in metamorphic rocks and prospected to a depth of 40 or 50 feet. The surface ore consists chiefly of oxides and carbonates with some sulphurets of copper. It is slightly argentiferous. The region has been lying neglected for several years but its proximity to the railroad may make it an available source of copper should future exploration encourage further development ." Burchard (1881) notes that the Golden Fleece at Poeville has opened an 8-foot vein by tunnel and incline. He mentions the Massalond Ledge (located 3 1/2 miles west of Reno), and the copper belt of the district located 15 miles northwest of Reno. Date: Location: Washoe County, Nevada HWAC# 60602