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Southern Mining Stocks, GA, VA, Rare [171658]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:350.00 USD Estimated At:700.00 - 1,000.00 USD
Southern Mining Stocks, GA, VA, Rare    [171658]

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The Georgia Gold Rush began about 1828 and continued until about 1835, and on and off since that time. It did show the country that gold could be found, and created a batch of Georgia miners who ventured west to find their fortunes, among them Green Russell, the discoverer of gold in Colorado.

Lot of 3 certificates:

1) Bertha & Edith Gold Mining Company - Big Bird Creek in Goochland County, Virginia. Datelined New York March 26, 1878. Certificate No. 484 for 100 shares made out to W. M. Verplauck. Signatures of the Company's President, E. B. Grant and Secretary, J. W. Smith. Prior to the Civil War, placer gravels were worked along the Maple and Camp tributaries of Byrd Creek yielding a large quantity of gold. In 1877, the Bertha and Edith bought the mineral rights and began development. Printed by Maverick & Wissinger, vignette of working miners.

2) Dahlonega Gold Mining Company stock certificate No. 3389 issued to Chas. P. Smith for 100 shares on September 13, 1880. Signed by President L.L. Lombard and secretary C.A. Towbridge. Not cancelled. Blac border and print with vignette of each on American flag. Printed by Spear, NY. Folds, holes in certificate. 7x10". Very Fine. This is a choice Georgia Gold Rush certificate.

From the United States Annual Mining Review and Stock Ledger, 1879:
"The property of the Dahlonega Gold Mining Company, formaerly known as the Battle Branch Gold Company, consists of 80 acres of mineral land situated on the Etowah river about one mile from the village of Aurora, Georgia; water rights and power, including a dm across the Etowah, a race 750 feet M length and 21 miles of ditches for supplying their own and adjacent mines with water at all seasons; a splendid 10 stamp mill capable of crushing fifteen to twenty tons of ore per day; the Little Giant Hydraulic works which do the work of fifty men; and a tramway for transporting the ore from the mine to the mill. By the aid of their splendid water power the company is enabled to wash all the top dirt, and thoroughly expose the ledge cutting, a channel 100 fee wide by from 100 to 150 feet in depth, and saving every particle of gold in the sluice boxes."

3) Lumpkin Chestatee Mining Company stock, No. 330, issued to Henry D. Cooke for 200 shares on May 27th 1867. Signed by company president William Window and secretary John R. French. Adhesive red revenue stamp bottom left. Two vignettes: (top right) about 20 miners busy with a sluice box, picks and wheelbarrows along a semi-wooded riverbank, (top left) allegorical woman holding a scale. Smaller vignetter at bottom of a soldier guarding a columned arch. Black border on creme paper. U/C. Printer: A. Hoen & Co., Balt. Datelined Washington D.C. 8x10.5".

Located along the Chestatee River in Lumpkin Co., Georgia, the property was in a region rich in gold mining history.
The Lumpkin Chestatee was incorporated in 1867 and lasted into the 1880's. The mine was located roughly 10 miles south of the Chestatee River. William Windom is an interesting character. His parents were Quakers who abhorred lawyers. So, he became a lawyer. He moved to Minnesota and was elected to the United States Representative in 1859 when it became a state. He held this position until 1869.In 1870 he was appointed to the United States Senate when Daniel Norton passed away. He was Senator three different times from 1870 to 1883. In March of 1881 he was appointed United States Secretary of the Treasury by James Garfield. He held the position for nine months. In 1889 he was again appointed Secretary of the Treasury by Benjamin Harrison. He held the position for 22 months this time. In 1880 he sought the Republican nomination for President. He only received ten votes on the first ballot, but fifty ballots later the convention was looking for a compromise candidate. Windom's name was mentioned, but James A. Garfield was nominated instead. With his political longevity came some important accomplishments. He co-authored the Homestead Act of 1862. He was a strong advocate for railroad regulation. He promoted gold coinage and hard money. For his service to the United States, the U. S. Treasury issued the $2 Silver Certificate of 1891 bearing his portrait and name. On top of all of this, he served as president of the Lumpkin Chestatee Mining Company from 1868 to 1874.

Franklin Collection. Franklin Collection