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576

CO - Cardinal,Boulder County - 1881-1915 - Grand Island Mining District Stock Certificate Group - Fe

Currency:USD Category:Collectibles / Western Americana Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
CO - Cardinal,Boulder County - 1881-1915 - Grand Island Mining District Stock Certificate Group - Fe
Session D is a Mail-Bid Only Auction. Absentee bids will be accepted only. No live bidding will be allowed. All winners will be contacted after the auction. BIDDING ENDS MONDAY JUNE 27 AT 5PM PACIFIC TIME!!!
Lot of 4. 1. The Boulder Consolidated Gold and Silver Mining Company, incorporated in New York 29 July 1879. Edwin Lord was both Treasurer and President, and Geo. H. Morrison was the Secretary. The company had offices in New York and Boulder. The firm owned the Trojan and Boulder County lodes that were 1,400 by 50 feet each, “and Western Extension, Conger, Walden, Hamlin, and Pendleton lodes,” each 1,500 by 50 feet. The lodes were “situated at Cardinal, in [the]Grand Island Mining District: so 700 acres of mineral land and two placer claims, ten and thirty-two and six-tenths acres, respectively; all patented, excepting the Walden, Hamlin, and Pendleton, and the placer claims; veins all fissures, from four to six feet in width, of galena, iron, and copper pyrites, in a quartz gangue; assays from one-half to four ounces of gold and from five to sixty ounces of silver per ton; developed by 900 feet of tunneling and shafting; [the firm] also own[ed a] stamp and concentrating mill, situated at Nederland, containing twenty-five stamps and operated by water-power; capacity for treating twenty-five tons of ore per day; built by Fraser & Chalmers, of Chicago, Illinois” [Ref: Corregan and Lingane, Colorado Mining Directory, p. 46, 1883]. Fraser & Chalmers only manufactured engines, mining equipment, and boilers from the 1870s to the 1880s. Later on the firm branched out into farming equipment when it merged with Edward P. Alllis & Co. No. 2215 issued W. T. Whiting by Morrison and Lord on 14 October 1881 for 100 shares. Countersigned by the Secretary of the Union Trust Co. of New York. Signed on reverse by Whiting and E. Kimball, witness, on 9 November 1881. Lots of yellowing and foxing. U/C. Fair condition.

2. United States Gold Corporation, incorporated in Colorado in 1903. This firm “owned 300 acres in the Arapahoe copper-gold belt and was presumed idle in 1908. Net receipts for 1915 $626.” Weed reported in 1916, “the property included the Klondike group, 225.93 acres, the Sphinx group,” which consisted of 22 mining claims, and “the Livingston group,” which comprised 50 acres “in the Sugar Loaf District. This company also owned the entire capital stock of the U. S. Reduction Co., which own[ed] the mill. Claims show fissure veins in porphyry, carrying gold ore. In 1915, 34 tons of ore were shipped to Denver smelters, which netted $1414. The company reported that bullion in the amount of $15,086 were shipped to the U. S. Mint in Denver in 1916. The Mill was reporte to have been treating 45 tons daily and expected to handle 100 tons daily by the end of 1916. ‘After 13 years of intermittent development, and lurid advertising, [the] company is at last producing. . . . The corporation is not looked upon favorably and investors are advised to take company statements with a grain of salt,’ comments Weed. In 1916 it was the largest of the gold mines in the county, but during . . . 1917 the yield was about $75,000 from 15,000 tons of ore, since which time the company has been idle” [Ref: Holabird, Western Americana, Auction #11, Part I, p. 65, 2001]. No. 815 is not issued. Pristine condition.

3. United States Gold Corporation. From 1909 no. 1846 issued to J. N. Strine by John R. Wolff, Secretary, and Edward Monroe, President on 4 December for 5,000 shares. Signed on reverse by Strine on 28 March 1913. Not witnessed. Cancelled. Minor wear. Good condition.

4. The United States Gold Corporation. From 1915 no. 4767 issued R. O. Kaufman on 24 December for 400 shares by W. T. McGuire (?), Secretary, and [illegible] Vice President. Cancelled. Signed on reverse by Kaufman and a witness but not dated. Some foxing and yellowing. Good condition.

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