Two Nevada County Canal Stock Certificates for Hydraulic Mining [155347]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:150.00 USD Estimated At:300.00 - 600.00 USD
Two Nevada County Canal Stock Certificates for Hydraulic Mining [155347]
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Lot of 2 different. 1) Nevada County Canal Company. Incredibly rare; we had not seen one till this example popped up in the Prag Collection. Inc. Sept. 18th, 1855. Offices in London & Manchester. Unissued. Black print on thin paper. Early hydraulic mining vignette! 5.75 x 11" Creases, wrinkles, some toning. There is a January 1855 Sacramento Daily Union article that says the governor has signed a bill changing the name of South Yuba Mining Company to that of Sacramento and Nevada County Canal Co. Perhaps this is the same company? According to a prospectus for the company sold by GS MacManus & Co., the canal was to go through the Sacramento mining districts, tapping the South Yuba River through the gap at Bear Valley, and thus affording a commercial stream for use at the mines and towns of the area. No other information found. 2) Middle Yuba Canal & Water Company. Unissued but signed by Egbert Judson as president. Judson formed the Judson Explosives and Powder Company in 1890 after partnering with the Giant Powder Company in San Francisco. The two plants were adjacent to each other, and Judson had provided Giant with acids to manufacture their dynamite. This stock has a dateline of North San Juan, Nevada County, Cal. Inc. Sept. 1859. Black border and print on thin paper, hydraulic mining vignette. Lith. Britton & Co., SF. Stub attached. 4.25 x 9" The Middle Yuba Canal & Water Co. merged with the Eureka Lake Water Co. in 1865 to form the Eureka Lake & Yuba Canal Co. The Middle Yuba's canal went from the North San Juan, along the south side of the Middle Yuba to its junction with the Main Yuba, then on the SE side of the Main Yuba past Sebastopol, Manzanita Hill, Sweetlands, Buckeye, Birchville, and French Corral, a distance of six miles. The consolidated company's property included 100 miles of flumes and ditches. [Ref: House Documents Volume 21, Vol 256, 1868, pg. 184-85]

Date: c.1850s
Country (if not USA):
State: California
City: Nevada County