Two Different Columbia, California Stock Certificates, Gold Rush Era [155331]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:200.00 USD Estimated At:400.00 - 600.00 USD
Two Different Columbia, California Stock Certificates, Gold Rush Era [155331]
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Lot of 2 different. Columbia, located in Tuolumne County, was founded during the Gold Rush in 1850. By 1852, there were 8 hotels, 4 banks, 17 general stores, 2 bookstores, 1 newspaper, 3 churches, and over 40 drinking/gambling establishments. Known as the "Gem of the Southern Mines." 1) Columbia Gulch Fluming Company. Dateline Columbia, May 25, 1855. No. 98, issued for one share to Adam Fairley. Signed by president John G. Sparks(?) and secretary O. Romney. Not cancelled. Ornate logo and border, no vignette. Printed on thin paper. 5.75 x 9.75" Fold, light wear, especially given its age! Competed early on with the Tuolumne County Water Co., but later combined and supplied most of the ditch water used in the county by 1867. Supplied water for the Gold Rush camps of Columbia, Yankee Hill, Gold Springs, Mormon Gulch, Saw Mill Flat, Martinez, Jamestown, Montezuma, Chinese Camp, and others. 2) Tuolumne County Water Company. Datelined Columbia, April 13th, 1854. No. 434 issued to Patrick Doyle for one share. Signed by President William H. Clark and Secretary R. Robinson. Cut cancelled. A classic mining vignette showing a dammed river, miners operating sluices and a rocker. Lithography by Britton & Rey, S.F. The vignette was created by Britton & Rey in the 1850's and was used on the early versions of Bear River and Auburn Mining Company certificate's, but it is perhaps most famous for the Tuolumne Water Company certificates from the 1850's. Folds, ink stains. 6 x 9.5". Early settlers of Columbia realized that maintaining their business relied on a steady supply of water, and local miners realized that a reliable supply of water was needed to find the gold all year around in this location. Together, they established to Tuolumne County Water Company (TCWC) in June of 1851. The Tuolumne County Water Company was set up as an employee owned and controlled company. Founders went to surrounding areas raising expectations and investors. At the end of June 1851, 160 shares of stock had been sold, the route had been surveyed, and workers were celebrating. Their efforts to tap into first Five Mile creek, then the south fork of the Stanislaus River was largely unsuccessful, as the creeks were dry and the rivers were low as was usual in the summer months. After almost a year water finally arrived, but there was not enough to sustain full mining operations, and the company was forced to borrow money for capital investments in sawmills, roads and equipment. The Tuolumne County Water Company incorporated in September 1852.

Date: 1854-55
Country (if not USA):
State: California
City: Columbia