3211

Tuolumne County Water Company

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:60.00 USD Estimated At:120.00 - 200.00 USD
Tuolumne County Water Company
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
Typically dark. Certificate No. 2690 made out to DO Mills for one share of stock. Signed by Mills on the reverse. Mills started the 'Gold Bank of D. O. Mills in 1850, He invested in the Virginia & Truckee Railroad and was a major investor of the Bank of California. Datelined Columbia Feb. 7, 1845. Signed by President James W Mandeville and Secretary,John Henry Brodt. The all-time classic mining vignette showing a dammed river, miners operating sluices and a rocker. Lithography by Britton & Rey, S.F. The vignette was created by Britton & Rey in the 1850's and was used on the early versions of Bear River and Auburn Mining Company certificate’s, but it is perhaps most famous for the Tuolumne Water Company certificates from the 1850's.

The Tuolumne County Water Company (TCWC) was established in June of 1851. The Tuolumne County Water Company was set up as an employee owned and controlled company. Founders went to surrounding areas raising expectations and investors. At the end of June 1851, 160 shares of stock had been sold, the route had been surveyed, and workers were celebrating. Their efforts to tap into Five Mile creek, then the south fork of the Stanislaus River was largely unsuccessful, as the creeks were dry and the rivers were low as was usual in the summer months. After almost a year water finally arrived, but there was not enough to sustain full mining operations, and the company was forced to borrow money for capital investments in sawmills, roads and equipment. The Tuolumne County Water Company incorporated in September 1852. Prag Collection State: California City: Columbia Date: 1856 HWAC# 85273