Lumpkin Chestatee Mining Company Stock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Lumpkin Chestatee Mining Company Stock
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Number 465 for 50 shares to Joseph K. Wing. Very nice condition. Ink is fading a little. Left hand corners are dogeared. Smallest rip at top of left fold. 8.25 x 10.25". Vignette with 15 miners digging and panning. Large 25c brown Internal Revenue stamp. Signed by John R. French as secretary and William Windom as president.

William Windom is an interesting character. His parents were Quakers who abhorred lawyers. So, he became a lawyer. He moved to Minnesota and was elected to the United States Representative in 1859 when it became a state. He held this position until 1869.In 1870 he was appointed to the United States Senate when Daniel Norton passed away. He was Senator three different times from 1870 to 1883. In March of 1881 he was appointed United States Secretary of the Treasury by James Garfield. He held the position for nine months. In 1889 he was again appointed Secretary of the Treasury by Benjamin Harrison. He held the position for 22 months this time. In 1880 he sought the Republican nomination for President. He only received ten votes on the first ballot, but fifty ballots later the convention was looking for a compromise candidate. Windom's name was mentioned, but James A. Garfield was nominated instead. With his political longevity came some important accomplishments. He co-authored the Homestead Act of 1862. He was a strong advocate for railroad regulation. He promoted gold coinage and hard money. For his service to the United States, the U. S. Treasury issued the $2 Silver Certificate of 1891 bearing his portrait and name. On top of all of this, he served as president of the Lumpkin Chestatee Mining Company from 1868 to 1874. The Lumpkin Chestatee was incorporated in 1867 and lasted into the 1880's. The mine was located roughly 10 miles south of the Chestatee River.

Joseph Knowles Wing was born in Wilmington, Vermont, on July 27, 1810, the son of Bani Wing and Lucy Clary. He left Vermont for Rensselaerville, New York, around 1826 and served as a quartermaster for the New York Militia's 25th Infantry Regiment. In 1831, he moved to Ohio, where he operated a general store. During the Civil War, he served as quartermaster for the 16th Army Corps, seeing action at Corinth, Mississippi, in October 1862. (Prag Collection) State: Georgia City: Date: 1868 HWAC# 81964