NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2011 Jun 29 @ 10:00UTC-7 : PDT/MST
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 9
Reorganized Pioneer Mines Company (3)
1) Stock: Incorporated under the laws of Nevada, 1911. No. 1919 issued December 3, 1918 to Sol Segal for 1000 shares. Signed by M.J. Tobin, President and Ben Gill, Secretary. Printed by Mysell Rollins Co. U/C. Reverse has two assessment certificates.
2) Check No. 930 issued 4/9/23 in Goldfield; pay to Standard Oil Co. for $4.52 and signed by Benn Gill.
3) Employees Time Check No. 755 unissued
Consolidated Mayflower Mines (2)
4) Stock: Incorporated under Nevada Kaws, July 1917. No. 1517 issued January 24, 1919 to Wm. A. Krasselt for 50 shares. Signed by W.J. Tobin, President and M.H. Ollwert as Secretary. Printed by Goes. Not cancelU/C5”. One assessment stamp on reverse.
5) Letter: dated October 10, 1923 to Mr. Hugh H. Brown of Tonopah and signed by W.J. Tobin, Secretary. 8.5" x 11” and is typed. Hugh Brown was a lawyer and the president of the Nevada State Bar Association. In this letter Tobin is requesting that he look into some monies owed the mine by Victor Barndt of the Consolidated Spanish Belt Silver Mining Company.
6) Stock: Pioneer Consolidated Mines Company. Incorporated in Wyoming, 1909. No. 7956 issued March 21, 1917 to Dr. W.W. Butman for 4000 shares. Signed by Wm. J. Tobin, President and Chas. J. Clayton, Secretary. Printed by The Smith-Brooks Co., Denver, Colo. U/C. EndoU/Cse. In 1909 the Pioneer Consolidated purchased the Pioneer Mine, along with eleven other claims. In December 1914, part of the mine collapsed and had to be shut down. By 1917 the mine was reopened. [REF: Hall, Shawn. Preserving the Glory Days: Ghost Towns and Mining Camps in Nye, Nevada. Reno, Nevada: The University of Nevada Press, 1981. p. 259].
7: Letter: Bullfrog Pioneer Leasing and Milling Co. Letter to the stockholders dated August 10, 1909 from Rhyolite, signed by Oscar Smith, Manager. 8.5" x 11” and has four pages. The mine was the subject of an injunction by the Indiana Mining Company which prohibited the company from paying dividends. The mining itself was not impacted. The purpose of the letter was to explain the dispute to the stockholders and assure them that they would eventually be paid.
8 & 9) Proof of Labor Documents (2). These documents are identical with the exception of the date: one is March 16, 1910 and the other is March 16, 1911. Issued by the State of Nevada in Nye County, Louis Schloss states that he has spent $200 in labor or improvements on his claims: Desert Arab No. 1 and Desert Arab No. 2. Both are sworn before J.L. Cadogan and witnessed by C.W. Thomas, notary.
Federal mining law enacted in 1872 provided that all valuable mineral deposits in the public domain were free and open to exploration and purchase and that the locators of the same were to have exclusive right of possession as long as they complied with the laws of the United States and of the local mining district. The law authorized the democratic organization of local mining districts and charged them to record mining claims and manage mining operations in accordance with federal law and local needs and customs. Final ownership of a mining claim involved more than discovery, possession and recording, but also required that the claimant work the ground and perform labor on the claim as required by congress and the regulations of local mining districts. [REF: http://www.archives.state.ut.us/research/inventories/23671.html].
10) Prospectus: Mayflower Pioneer Mining Co. Prospectus, not dated but circa 1909. 13" x 9”. Folded in quarters. Fairly typical sales pitch on why an investor should by stock. The promoter was Thos. H. Condon, General Delivery, Chicago, Ill. Or Box 52, Parker, Ind. Condon had spent 1906-7 in Goldfield but returned to Parker, Indiana. Though he was involved in grain and coal, it appears he was still keeping in contact with his mining associates. [REF: http://www.rootsweb.ancestry.com/~inrandol/1914history/condonthomash.html].
Auction Location:
Atlantis Casino Resort 3800 S. Virginia St., Reno, Nevada, 89502, United States
Previewing Details:
Preview is available at our Reno office located at 3555 Airway Drive Suite #308 by appointment only, any
time prior to 10/28/2010. Call 775-852-8822 to schedule a preview. Space is limited. Preview is open to
the public on 10/28/2010 from 12:00pm to 6:00pm at the Atlantis Casino Resort located at 3800 South
Virginia Street in Reno, Nevada.
Sales tax will apply, according to state law, for any items that ship to Nevada or California or are picked
up at our Reno, Nevada location, unless a current, valid re-sale certificate is provided at the time of
purchase.
Taxes:
Tax | Rate | Desc. |
NST |
7.725% |
Nevada Sales Tax: |
CST |
9% |
California Sales Tax: |
Buyer's Premiums:
From (Incl.) | To (Excl.) | Premium |
0.00 |
Infinite |
17.5% |
Additional Fees:
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Bidding will reopen for the live portion when the auction starts. Absentee internet bidding
for the Mail-Bid/Absentee Only Section Only of the auction will remain open until Monday,
June 27th at 5pm, Pacific time. 3. Live Auction Absentee Bidding: Absentee bids for the live auction will be accepted until two
hours prior to the start of the live auction. It is your responsibility to submit all lot numbers and
bid amounts accurately. Absentee bids should be equal to at least 50% of the low estimate if an
estimate is provided. Bids on “No Lots” or “Withdrawn” Lots are considered no bids. Absentee
bids for the Mail Bid/Absentee only section of the auction will be accepted until Monday,
June 27th at 5pm Pacific time.
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or “Absentee Only”. The Mail-Bid/Absentee Only portion of the sale will close approximately
one week after the live auction. It is your responsibility to submit all lot numbers and bid
amounts accurately. Absentee bids should be equal to at least 50% of the low estimate if an
estimate is provided. Absentee bids for the Mail Bid/Absentee only section of the auction will be
accepted until Monday, November 8th, 5pm PST.
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calculated at 20.5%.
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within two business days after the close of all portions of the sale. Payment is due in full within
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certificate is provided.
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9. All stock certificates, checks, warrants and other financial documents sold herein are sold as
antiques, and have no financial, securities, or public trading value whatsoever, other than as an
antique.
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11. In the case of tie bids on the book, the earliest received shall take precedence.
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responsible for any failure due to the loss of the auction applet provided by this auction network