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York Mining Co. Stock Certificate, 1852, Nevada County, California Gold Rush

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:400.00 USD Estimated At:800.00 - 1,200.00 USD
York Mining Co. Stock Certificate, 1852, Nevada County, California Gold Rush
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No. 104 for 10 shares made out to Smith & Co. dated May 24th, 1852. Little York was located two miles Southwest of Dutch Flat and about 9 miles Southeast of Nevada City. Active since 1849, the town was organized in1852 when most of the miners that were there were from New York chose the name over St. Louis. Active lode and hydraulic mining continued in the area till 1884 when the outlaw of hydraulic mining forced closure of operations. The post office closed in 1886. (Ref. Gudde – Gold Camps, p.196.) The Company was capitalized at $20,000; 200 shares at $100 each and incorporated in California on April 27th of 1852. Signed by, Richard Savage President and John Chapman, Secretary. Duration of charter, 50 years. References: The History of the Gold Discoveries of the Northern Mines of California's by Lewis J. Swindle 2000, p. 115 quoting the Daily Union April 28th, 1852 in a “Letter from Steep Hollow”: was formed for the purpose of bringing water from the Bear Ravine and Steep Hollow to the placer mines. The certificate is printed on one fourth of a sheet measuring 10 x 16 ¾ inches in the form of a four-page letter sheet. Writing below the certificate which is roughly 5" x 8 ½" documents the transfer of the cert. to (unreadable) on November 24th, 1852. On the inside (back of certificate is another record of transfer to Joseph Gardiner November 5th, 1853. On back of the last page is a record of payment of eleven hundred dollars on Oct 31st, 1859. Black on blue; printed by Herald Print, S.F. Some age toning and chipping at folds, otherwise fine. Very rare early placer mining stock Date: 1852 Location: Nevada County, California HWAC# 60859