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Tombstone Mill & Mining Co. Stock Certificate (100934)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:100.00 USD Estimated At:200.00 - 250.00 USD
Tombstone Mill & Mining Co. Stock Certificate  (100934)
SOLD
140.00USD+ (35.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 16 @ 16:36UTC-7 : PDT/MST
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Number A847 for 75 shares to A.K. Seymour on March 16th, 1881. Signed by president Burnham(?), secretary Gilroy and treasurer Corbin. Two Native American vignettes. Pinholes, folds. This mine was located in Tombstone, Cochise County, Arizona. Ed Schieffelin discovered rich silver ore in 1877 at what is now known as Tombstone. By 1878 a stamp mill was operating and the company was processing 15-20 tons of are a day, turning out $90,000 worth of bullion. In 1881 the Corbin mill, named in honor of the treasurer of the company, was operating. It became the property of TM&MC. In 1879 Governor A.P.K. Safford visited the camp and together with Frank Corbin on New Britain, Connecticut, he organized the Tombstone Mill & Mining Company and commissioned Richard K. Gird to erect a stamp and amalgamating mill, which was completed in 1879. In March 1880 the Schieffelin interest in the TM&MC was bought out by a syndicate consisting of the Corbin brothers and others. By 1881 the town had a population of 3,000, two daily newspapers, two banks, and many stores and saloons. Burchard (1883) states that the Tombstone Mill & Mining Company, which comprises the Tough Nut, Good Enough, Lucky Cuss, D tense, Survey, Tribute, West Side, East Side, No.2, Owl's Nest, and Owl's Nest Last Hoot mines, and two mills located at Charleston, with a 30 stamp capacity It was one of the largest mining properties in the Territory. Its bullion output for the year was $840,000 (Refs: Blake, W.P. (1902) Tombstone and Its Mines. Butler, B.S. Geology and Ore Deposits of Tombstone: 41,44,45. Williams, S.A. (1980) "The Tombstone Mining District [in the Mineralogical Record, Vol. 11, No.4, July-Aug 1980. (Arizona II issue): 251-257. Barnes, "Arizona Place Names"; Burchard (1883) Precious Metals in the United States: 278.) Ken Prag Collection

Date: 1881
City/County: Tombstone
State: Arizona