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NV - Gold Mountain,Nye County - 1907 - Gold Mountain Documents

Currency:USD Category:Collectibles / Western Americana Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
NV - Gold Mountain,Nye County - 1907 - Gold Mountain Documents
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 5. 1) Gold Mountain Mines, Inc.; Incorporated in Nevada, 1907; Certificate No. 852 issued October 3, 1928 to D.B. Hughes for 20 shares; signed by Marvin A. Holmes as Vice President and B. Jarvis Metzler, Secretary; printed by H.S. Crocker Co., Inc. Los Angeles; U/C. 2) Gold Mountain Consolidated Mining Company; Incorporated in South Dakota, 1903; Certificate No. 65 issued April 27, 1908 to Francis C. Slade for 50 shares; signed by Alfred Carr as President and J.H. Cronk, Secretary; printed by Adams & Grace, new York; not cancelU/Cr Gold Mining Company; Incorporated in New York; Certificate No. A3837nissued August 8, 1882 to Hagen and Billing for 50 shares; signed by A.D. Breed, President and D.F. Verdenal as Secretary; printed by American Bank Note Company, New York; U/C. 4) OrU/Cining Company; Incorporated in New York, Certificate No. A845 issued May 26, 1881 to D.F. Verdenal, Trustee for 50 shares; signed by A.D. Breed, President and D.F. Verdenal as Secretary; printed by American Bank Note Company; not cancelU/Cp was oU/Cwn as Gold Mountain, and later became Oriental. In 1871 gold veins were found and several stone buildings were erected. While producing, the mine yielded well. By 1881, the Stateline mine increased operation which caused the Oriental to be abandoned. There has been no activity at the Oriental since 1900. [Paher, Stanley W. Nevada Ghost Towns and Mining Camps. Berkeley, CA: Howell-North Books, 1970. p. 409.] 5) Trail Canyon Mining Company; Incorporated in South Dakota, November 1906; Certificate No. 199 issued June 25, 1907 to Sidney F. Tyler for 100 shares; signed by T.L. Oddie as President and Cookson, Secretary; printed by Security Bank Note Company, Phila.; U/C.

“A thU/Cnture iU/Cn was the Trail Canyon Mining Company, incorporated in the state of South Dakota by three Tonopah, Nevada, and two Pierre, South Dakota, businessmen. The principal place of business was to be Pierre, with a business office closer to the property at Tonopah. Capitalized at one million dollars, divided into one million shares of $1 each par value, the company was incorporated on 10 November 1906. On 8 December 1906 it was registered as a foreign incorporation in the state of Nevada, designating Tasker L. Oddie as its resident agent. In the spring of 1907 Charles M. Schwab, Oddie, and F. J Leutjens expanded the assets of the company by purchasing five promising claims in Trail Canyon whose assays were running from $50 to $3,000 per ton. What seemed to be a promising future for the company did not materialize, however, due to the collapse of the New York stock market in March of that year, followed by similar crises in Hamburg, Amsterdam, and Montreal. The financial panic spread to the west, causing two Goldfield banks to close. Tasker Oddie, who had invested and speculated heavily and rather recklessly in various mining claims and property and mining-related enterprises in Tonopah and the Bullfrog Mining District, was ruined by the economic collapse. Five flimsily-subsidized mining companies of which he was president, including the Trail Canyon Mining Company, failed when Oddie was unable to make good his obligations to the stockholders or to the Tonopah Banking Corporation, which had invested in his development work. “[http://www.cr.nps.gov/history/online_books/deva/section3a16.htm]