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722

CO - Pollack,Summit County - 1881, 1917 - Pollack Mining District Stock Certificate Group

Currency:USD Category:Collectibles / Western Americana Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
CO - Pollack,Summit County - 1881, 1917 - Pollack Mining District Stock Certificate 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. Monte Cristo Mining & Milling Co. Mark “Brick” Pomeroy (1833-1896), the President of this company, was born in New York and was raised an orphan. In 1860, at the age of 27, he started his first successful newspaper in Wisconsin. Pomeroy also wrote several philosophical books in the 1870s and became a popular lecturer. In 1879 he sold his newspaper business and moved to Denver, where he started a new newspaper called The Great West. This paper eventually had the largest readership in the Rocky Mountains. He owned many businesses including several mining companies. He also built one of the largest mansions in Denver. Pomeroy’s most successful mining venture was in Monte Cristo Gulch near the top of Hoosier Pass, Summit County, Colorado. The most famous mines in the area were the Monte Cristo, the North Star, the Arctic, and the Ling. His greatest undertaking was to build a five mile long tunnel between Georgetown and the western flank of the Rocky Mountains to Denver; a tunnel that would find rich veins along the way and later serve as a railroad tunnel. It was called the “Atlantic-Pacific Tunnel Co." An estimated $3,000,000 was raised and construction was underway. The giant project started well and one mile of tunnel was completed. Several ore bodies were found. Pomeroy’s three story mansion in Denver became the talk of Colorado and contained a theater, art and mineral gallery, lecture hall, and imported furnishings. The tunnel project eventually came to a halt when technical problems occurred, followed by the Bank panic of 1893. Once Colorado’s most popular and wealthiest citizen, Pomeroy was left destitute and forgotten, dying a few years later in 1896. An important western figure who was dubbed “Colorado’s Fabulous Failure” [Carl Swift]. A small-sized certificate that looks more like a check than a stock. No. 6053 issued to A. E. Pavish by A. S. Whitaker as Secretary and M. M. Pomeroy as President on 8 August 1881. Green paper with a white border. Scissor cut. Yellowing around the edges. Small vignette of the Colorado state seal in the middle of the masthead. Yellowing with noticeable folds. Good. 2. The Rilla Mining Company. These properties are located about eight miles south of Breckenridge near the top of Hoosier Pass and at an altitude of about 12,000 feet up Monte Cristo Gulch in the Pollock Mining District. The mineralization consists of gold, silver, hübnerite, scheelite and sphalerite. Most of the mines are on the north facing slopes. The major mines in the area were: the Star Mountain, Navy, Arctic, Antarctic, Polaris, and the Ling mine [Refs: Miller, Hal, “Preliminary Report on Two Tungsten Prospects, Summit, Co., Colorado, 1968]. No. 7282 issued to George A. Whittington by E. W. Noyes, President, and George M. Foster, Secretary, on 11 January 1917. Also countersigned by Foster and by the Assistant Secretary for the Metropolitan Trust Company, Boston. Ink stained on the reverse as well as yellowing in the folds. On the front, the border is yellowing. Some wrinkling. On white paper with a royal blue border. A square vignette of a mountain scene over the company masthead. U/C. Fair.



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