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Siskowit Mining Company

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Siskowit Mining Company
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# 499 for 2 shares to Thomas S Standbridge. Signed by James G Clark and president L ALter. Dateline Philadelphia 1851. Incorporated March 12, 1849. Not canclled. Four Vignettes: alegorial, governement building, George Washington. Cut roughly. Foxing, Nice Condition. Holes along folds. Nine handwritten assessment payments are noted!"This [copper] company went through a series of early changes, beginning as the Isle Royale Union Company in 1844, reorganizing as the Siskowit Mining Association in 1847, and becoming the Siskowit Mining Company in 1849. For our purposes we can consider these companies as the same. In its final form it was incorporated in Michigan, with directors from Washington, D.C., Wisconsin, and Philadelphia, and had Charles Whittlesey, an eminent geologist and business man, as agent...By 1850 work centered in the Rock Harbor location across from Mott Island...A steam stamp mill was set up in 1850 with water obtained from the lake by means of a large Cornish pump..." [Isle Royale National Park website] Prag Collection City: Isle Roayale State: Michigan Date: 1851 HWAC# 81604