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CO - Leadville,Lake County - 1894-1899 - Leadville Stock Group

Currency:USD Category:Collectibles / Western Americana Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
CO - Leadville,Lake County - 1894-1899 - Leadville Stock Group
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. 1. The Revenue Leasing and Mining Company. Number 838 issued to Emma Moss by Abbott W. Lawrence, Secretary and [illegible] H. Flint, President on 17 November 1899. Also countersigned by the Acting Transfer Agent of the American Loan and Trust Company. Crème paper with a green border. Each side of the border has a woman’s head as a vignette. There are no other vignettes on the stock. U/C. Folds are visible. Excellent condition. 2. This next stock, The Rex Gold Mining Company, has a great history behind it. The names associated with this stock company are very famous and all signatures are authentic. James Joseph Brown (President) was not the real "Leadville Johnny" as some historians claim. John F. Campion, his employer, was the real “Leadville Johnny". Brown, however, was the husband of Margaret Tobin Brown who is better known as The Unsinkable Molly Brown.

In 1893 Brown became superintendent of the lbex properties, which were managed and partially owned by Campion. When Brown finally devised a method of preventing the Carbonate sands in the Little Jonny Mine from caving, vast quantities of high grade gold ore were discovered. Brown was rewarded with 12,500 shares of Ibex stock which was the basis of his fortune. In 1894 the company paid one million dollars in dividends.

Brown is best remembered as the husband of Margaret Tobin Brown (1867 - 1932) who’s heroism during the sinking of the Titanic in 1912 made her an international celebrity. Molly Brown was a crude and illiterate Irish woman who was constantly snubbed by Denver Society. Finally, she went to Europe and studied music, foreign languages, and art for eight years, but all of her graces were wasted as far as Denver Society was concerned. Her “House of Lions” in Denver, however, became a gathering place for world famous people.

David Halliday Moffat (1839 - 1911) Colorado business man came to Denver in 1860 and opened a book store with C.C. Woolworth. Moffat was one of the largest mining operators in Colorado. He had numerous investments in mining properties with Jerome B. Chaffee and Horace Austin Tabor, including the Little Pittsburg Consolidated Mining Company at Leadville. Moffat was also involved in many railroad enterprises. Moffat long dreamed of building a railroad through the mountains from Denver to Salt Lake City. He did not live to see the completion of this project, but, although high operating costs initially caused severe financial difficulties, the famous Moffat Tunnel through the Continental Divide, finished in 1928, eliminated the greatest problems [Ref: Carl Swift]. Number 52 issued to D. H. Moffat by R. McLeod, Secretary and J. J. Brown, President on 19 December 1894. Crème paper with a green border. Vignette of miners working underground. Not cancelU/Cs a small tear starting in the left fold. Good condition.