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Yuba Mining Company Stock Certificate [144682]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Yuba Mining Company Stock Certificate  [144682]
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"Place of Operating: Nevada Territory." Inc. Nov. 1863. Dateline Timbuctoo, Yuba County, Cal. No. 32, issued for 50 shares to CA Moore on Feb. 27th, 1864. Signed by president John McAllis and secretary McFadden. Not cancelled. Black border, green background, and eagle vignette. 25 cent adhesive revenue stamp, pen cancelled. Printed by WB Cooke & Co. Deep folds with tape repaired separations. 5 x 9.5" This has long been presented as a Timbuctoo mining company, though newspaper research explains why the stock says "Nevada Territory." While the company's office was in Timbuctoo, the mining property was in the Washington District of Lander County, Nevada Territory! Timbuctoo is an unusual place to have a mining office. Thriving during the era of hydraulic mining, this Sierra Nevada town of 1,200 pioneers contained a church, a theater, stores, hotels, saloons, a Wells Fargo office, and the Stewart Brothers store. The town of Timbuctoo got its name from a nearby ravine that was used for hydraulic mining as early as 1850; the ravine was named Timbuctoo after an African American who was one of the first miners of the area. Extensive hydraulic mining tailings remain throughout the region as evidence of its lively pioneer past. According to Tingley, the Washington District of Lander County was located on the western slope of the Toiyabe Range about 25 miles south of Austin. It was also known as the San Juan Canyon District. City:Lander County State:Nevada Date:1864