2250

New Philadelphia SMC Stock 1879 [173922]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:10.00 USD Estimated At:120.00 - 240.00 USD
New Philadelphia SMC Stock  1879  [173922]
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No. 1024, issued for 50 shares to Jose Margati on Dec. 12th, 1879. Signed by C. Liebold (vice-president) and Alfred Kimber (secretary). Not cancelled. Small underground mining illustration with three miners. "Issued in Payment of Mining Property in Nevada" Folds, creases. Very nice. Sticker on reverse. 7 x10" Not in Filer. This company was located in the Hot Creek Mining District in Rattlesnake Canyon and was created just after Belmont became a town. It was noted in the Engineering and Mining Journal, Volume 25, 1878, that it was not worth buying stock for the price it was offered due to a lack of "sufficient development." Belmont Nevada