343

National Defiance MC Stock

Currency:USD Category:Western Americana Start Price:20.00 USD Estimated At:NA
National Defiance MC Stock
Certificate issued at National, NV in 1910 for 10,000 shares of “Promotion Stock”. Principal place of business, National, Nevada. Issued to J.E. Kendall and signed by Kendall as vice-president. Miners working underground. National was noted for it’s bonanza gold ore, probably the richest ever mined in Nevada (Paher). Located 62 miles north of Winnemucca. According to Paher, “early in 1909, certain leasers found an extraordinary rich ore shoot in their shaft, and the initial shipment averaged almost $30 per pound of ore!”. The lease produced about $250,000 per month in 1909 and 1910, and in 1910 the National Mining Company purchased the lease and stepped up operations. Total production from that ore shoot was said to approach $4 million by 1911. Certificate is in excellent, Uncancelled condition.

Date: 1910City: NationalCounty: HumboldtState: NV