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Two Different Lehigh Coal and Navigation Company Stocks (81665)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 150.00 USD
Two Different Lehigh Coal and Navigation Company Stocks  (81665)
SOLD
50.00USD+ (12.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 May 17 @ 16:54UTC-7 : PDT/MST
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1) # 10160 for 4 shares to H Plate(?). Signatures have been cancelled. Incorporated February 13, 1833. Dateline Philadelphia 1865. Interesting site specific vignette. Identified as SG Childs and Doughty DDt. 2) Number 16415 for 378 shares to Hartman Kuhn. Signed by Mitchell and president Clark. Again and cancelled. Stamped transferred June 28, 1873. Vignette of horse, canal, train and river transportation. Both have 25c Revenue stamps (one on reverse). Both have a few rips, but two of the nicest vignettes! The Lehigh Coal & Navigation Company was a prominent coal mining and transportation infrastructure company first established in 1822 after four years of successfully delivering regular shipments of anthracite coal to the docks of Philadelphia via their pioneering Lehigh Canal. In the merger of "The Lehigh Coal Mining Company" and the "Lehigh Navigation Company", both of which operated in the Lehigh Valley area of Pennsylvania between 1818-1822, the lease on the land rights of the Lehigh Coal Mine Company was ended with a subsidiary acquisition purchase by stock swap. These lands once owned were used to open up the whole Northeastern Pennsylvania 1800's frontier area Tamaqua, Coaldale, Lansford, Summit Hill, Nesquehoning, and Jim Thorpe, Pennsylvania - among other company towns. The 8,000-acre anthracite-rich tract between Jim Thorpe and Tamaqua originally owned by the Lehigh Coal Mine Company is arguably the richest vein of high quality anthracite known in the world with the possible exception of the valley floor deposits of the Wyoming Valley, but without a River above leaking into shafts, far easier to mine. Like most commercially feasible coal mines today in the USA, the ongoing mining operations use mountain top mining (strip mining) techniques. [wikipedia] Ken Prag Collection

Date: 1865, 1871
City/County: Lehigh
State: Pennsylvania