Oregon Gulch GMC stock and ephemera [173454]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:200.00 USD Estimated At:550.00 - 1,500.00 USD
Oregon Gulch GMC stock and ephemera [173454]
This auction will be split into 2 weekends. Please don't ask for your invoice until all sessions are completed. Thanks in advance for your understanding.

Shipping is billed separately. Pay your auction invoice early as purchases are packed in the order payments are received. Pick-up must be scheduled 24 hours in advance when you receive your shipping preference email after the auction. Invoices will go out immediately after all sessions the auction end.

Oregon Gulch Gold Mining Company stock certificate, No. 66. Issued for 50 shares to W.J. Holliday on January 22, 1872 in Indianapolis. Signed by president Hendricks and treasurer Murphy. Not cancelled. Black border and print. Adhesive blue revenue stamp attached at lower left. Not cancelled.

Includes 5 documents related to financial transactions between W.J. Holliday and the company, including an 1873 $5,000 certificate of loan and 4 other loans made to the company by Holliday.

The Oregon Gulch Gold Mining Company was located at Morris Ravine, Oregon Township, Butte County, California. It was chartered in 1866 in Indiana. J. Ross Browne (1868) mentions the mine, stating they "are at work at present on a large slide and still have a good dump. But when they follow the lead under the basalt, they will find the bed rock much higher than where they are now at work. This will give them an excellent dump, sufficient to wash all the gravel under the mountain up to Cherokee Flat. The indications are that they are at work on the western side of the lead or pay streak, and as they follow into the mountain they will get nearer its centre, where the gravel will probably be richer than where they are working at present, and much more water will be met with. This will be a great assistance in washing the sand and gravel. Except in an abundant supply of water at all seasons of the year, the natural facilities for working this claim are superior to those of any other claim of a similar nature in this vicinity. They have been turned to good account by the manager of the company, Mr. William Hendricks. All the work as been done in a thorough and miner-like manner. The position of the company's flume is lower than any other in this locality, so that, as the work progresses, all the water in the mountain must pass through it; this is important, as the use of the water in the mountain will be of great value.".

This archive is direct from JS Holiday, who wrote "The World Rushed In". His family was deeply rooted in the California gold rush, such that the provenance here is impeccable! Butte County California