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757

CO - Summit County,1899-1927 - Assorted Colorado Stock Certificates

Currency:USD Category:Collectibles / Western Americana Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
CO - Summit County,1899-1927 - Assorted Colorado Stock Certificates
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 3. 1. North American Gold Dredging Company, Swan River Mining District, Summit County. No. 1012 made out to Ben Stanley Revett by Secretary, Chas. H. Cole, Jr., and President, Edward Clark, on 14 March 1899 for 100 shares. Also signed by The Globe National Bank of Boston’s cashier. Signed on reverse by Revett without witness signatures. U/C. Very colorful stock with a red border on white paper. The bald eagle is the vignette that sits over the company masthead. Excellent condition. In 1895 Ben Stanley Revett sunk a prospect shaft to bedrock on the Swan River near the mouth of Summit Gulch. He encountered many difficulties in this shaft sinking and shortly thereafter begun to use churn drills for sampling. This initiated very extensive sampling of the gravels of the Blue and Swan Rivers and French Gulch, and was one of the first instances of the sampling of placer gravels by drilling anywhere. In 1906 Revett completed the Reliance Dredge and initiated the dredging industry of the Breckenridge District, which continued for over thirty years. In 1897 the Oro Grande Mining Company and the North American Gold Dredging Company were organized. The 0ro Grande Company was formed to work ground on the Blue River immediately north of Dillon in section 13, T.5S, R 78 S. using hydraulic elevators. The North American Co. controlled 2,000 acres of placers on the Blue and Swan rivers. In November it contracted for two light "New Zealand" type dredges with 3 cu-ft. buckets and about 1,000 cu-yd per day capacity. These dredges proved to be too light and were not successful. During the year the North American Co. built two heavier dredges-one a Risdon, the other a Bucyrus. The former was a bucket line dredge with a stacker of between 1,000 and 2,000 cu-yd-per-day-capacity; the later was heavier, a bucket-line dredge without a stacker of about 2,500 cu-yd-per-day capacity. In June 1900, the North American Co., had its Risdon dredge and one hydraulic elevator in operation. At the end of the year the company was in bankruptcy, with liabilities of $280,000 [Ref: Parker, Ben. H., “Gold Placers of Colorado,” Quarterly of the Colorado School of Mines, Vol. 69, No. 3. 1914]. 2. The New Montezuma Mining Company, Montezuma District, issued stock no. 33 to J. R. Kenny, Trustee and is signed by Secretary, Edward S. Hill, and President, John C. Spencer, on 13 February 1899 for 500 shares. A smaller sized stock than normal, it is very plain looking. On crème paper with a black border, that has faces or masks in each corner, it has some discoloration and a wrinkle or two. Signed by Kenny on the reverse. There is an adhesive, brown, document, revenue stamp affixed on the front with the same date as the stock was issued. Not cancelU/Cndition.

3. The Royal Tiger Mines Company, Tiger, Summit County, issued stock, no. 2548, to William H. Slocum on 11 May 1927 for 100 shares. The stock is signed by Secretary, Allison Stocker, and President, John A. Taylor. The stock was received for filing on 2 February 1946. U/C. VignU/Clegorical woman is on the left side of the company masthead. Crème colored with a black border. Excellent condition.
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