655

CO - Fryer Hill,Lake County - 1880-1884 - The Little Chief Mining Company Stocks

Currency:USD Category:Collectibles / Western Americana Start Price:150.00 USD Estimated At:300.00 - 400.00 USD
CO - Fryer Hill,Lake County - 1880-1884 - The Little Chief Mining Company Stocks
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 2. Same stock issued to two different people in two different years. 1. The Little Chief Mining Company. Number 2301 issued to Geo. W. Platt, Jr., by Abraham L. Earle, Secretary and Adelbert Ames, President on 8 September 1880. Carl Swift’s research about this stock reveals that Southwest of the Little Pittsburg is the Little Chief Mine, one of the richest mines on Fryer Hill with ore bodies up to eighty feet thick. It was located shortly after the Little Pittsburg by four sons of Erin: Peter Finerty, Richard and Patrick Dillon, and John Taylor. Apparently the Dillon brothers, Taylor, and a young man named Dennis Carter sunk the discovery shaft. Carter traded his share to Peter Finerty for a pair of mules. Finerty and others sunk 100 feet in ten days and struck a rich ore body. They took out $100,000 and then sold to J. V. Farewell of Chicago, a competitor of Marshall Field. The price was $300,000. Production up to April l, 1880 was 2.5 mi11ion. A horizontal contact containing Cerrusite. When sorted, 10 to 302 lead and from 20 to 100 oz. silver per ton. Several thousand feet of workings [Ref: Fosset, Colorado: Its Gold and Silver Mines, 1880, pps. 450-452; Corregan and LIngane, Colorado Mining Directory, 1883]. Crème paper with a green border. The vignette is of miners working underground, picking and shoveling ore into ore carts. The miners have on regular hats. Stock is yellowing and has a few folds. U/C. Good condition.

2. The Little Chief Mining Company stock number 6329 issued to H. W. Hoops by Abraham L. Earle, Secretary and Robert F. Mackellar, President on 7 March 1884. The vignette and color of the stock did not change in four years. This stock is brighter than the older one. Stamped on the front “By resolution of Stockholder’s meeting, November 13th 1899, Capital Stock reduced to $1,000,000. Par value of Shares reduced to $5. each.” Not cancelU/Cnt condition.