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764

CO - Ten Mile City,Summit County - 1888, 1925 - Ten Mile City Stock Certificate Group

Currency:USD Category:Collectibles / Western Americana Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
CO - Ten Mile City,Summit County - 1888, 1925 - Ten Mile City 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. Robinson Consolidated Mining Company. Ten Mile, on Ten Mile Creek, was called Robinson by the Railroad companies. It was on the Blue River branch of the Denver and Rio Grande Railway, and the Leadville branch of the Union Pacific Railway, one mile south of Kokomo and 17 miles north of Leadville. Population was about 1,000. The town was on the eastern slope of Sheep Mountain with the valley of Ten Mile to the south and east which was a half a mile in width covered with a heavy growth of grass. The town had several hotels, chief of which were the Robinson and Bonanza, a great many stores of all kinds, and one of the largest smelting and milling works in the mountains. These works were completed in October of 1880, the main building being 120 by 56 feet. There were four saw mills in the vicinity. The principal mines, the Pelican, Grace, and Robinson, were owned and operated by the Robinson Consolidated Mining Company. Robinson is now covered by the Climax Molybdenun Companies tailings pond. Robinson, the man, became rich off his properties, and as with many another carbonate king, turned to politics. He was elected Lieutenant Governor in 1880. About this time a dispute arose over his Smuggler Mine and he hired some armed guards to protect it. At the height of the dispute, when Robinson feared that armed thugs might attempt to take over the mine by force, Robinson made a surprise inspection tour of his guards. The guards, expecting trouble at any minute and not expecting their boss, shot and killed Robinson before he had a chance to identify himself [Refs: The Hal Miller Files; Crofutt, George, Crofutt’s Grip-Sack Guide of Colorado, 1885; Eberhart, Perry, Guide to the Colorado Ghost Towns and Mining Camps, 1959]. Stock number 12525 issued to J. L. Moss Jr., by H. Paucher, Secretary, and John Jay White, President, on 18 February 1888. Also signed by the Central Trust Company of New York’s Secretary on the same date. Signed by Moss on the reverse and by H. Badeau, witness. No date given. On crème paper with green border. Vignette of minters working underground. U/C. The folds are yellowing on the reverse. Not cancelU/Cndition.



2. The Kokomo Mining and Exploration Company. Clarence Cobb purchased this stock, number 14, on 17 December 1925. Cobb was a very wealthy Denverite who invested in numerous mining, oil, and other companies. The major town in the Ten Mile Mining District was Kokomo. The town is now covered by the Climax Molybdenum tailings pond. Principal mines in the district were the Pelican, the Grace, and the Robinson [Refs: The Hal Miller Files including reports, maps, assays; Eberhart, Perry, Guide to the Colorado Ghost Towns and Mining Camps, 1959]. Also included with this stock is a handwritten note from Cobb dated 23 December 1925 stating “Another venture on speculation. Went in for $500.00 for 1500 shares on my belief in the promoter Arthur H. Warner.” Cobb also wrote, “He [Warner] thinks the ore body is a certainty in 300 feet and that our stock will be worth several times its cost with very big possibilities. The stock is signed by J. W. Graham as Secretary and Bernice Shahan, President. Noteworthy here is the President of the company was a woman. On white paper with a black border that has mining vignettes at each corner and on the left and right sides. Vignette to the left of the company masthead has miners working underground. Signed by Cobb on the reverse. The fold lines are yellowing on the reverse. U/C. GoodU/C
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