3573

Utah Mutual Tunnel and Silver Mining Company Stock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:30.00 USD Estimated At:60.00 - 120.00 USD
Utah Mutual Tunnel and Silver Mining Company Stock
SOLD
45.00USDto 8***4+ (11.25) buyer's premium. + applicable fees & taxes.
This item SOLD at 2018 Oct 20 @ 16:03UTC-7 : PDT/MST
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# 139 for 1000 shares to William H Shearman. Signed by Thomas Armstrong and president Eli B Kelsey. Dateline Salt Lake City, Utah Territory 1877. Miner pushing cart out of a tunnel vignette. These certificates aoten come unissued. Cancelled. What appears to be glue stains from original booklet on left. Otherwise very nice. "The extensive property owned by this Company is located in Bingham Canyon and its tributaries. The veins contain mostly carbonate and sulphuret silver ores with a large percentage of lead. The lodes lie mostly in groups embracing in some instances the entire mineral belt that traverse the particular mountain in which they are situated. The locations were made with a view to their thorough working at great depth by means of tunnels to be run into the mountains from the lowest point accessible in the gulch or canyon adjacent. Upon the fact becoming known that the Oquirrh range of mountains was traversed by extensive mineral belts, Eli B Kelsey, Esq of Salt Lake City and his associates began a system of explorations which they have persistently continued for the past three years and which has resulted in the discovery and location of a great number of well defined veins some of which being thoroughly explored." [from Prospectus] Prag collection City: Bingham State: Utah Date: 1877 HWAC# 81625