Lot 556
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Montezuma Mine and Milling
Company of Arizona. 1881, Ten Shares. The Mine was either located at
Vulture or Prescott mining districts. An important certificate from this famous
Company. Uncancelled, Very Fine.
Estimated Value $75-150.
Lot 557
Municipal Bonds from the
State and Territorial Idaho 1867-1926. (1) 1867 Idaho Territory, $427.75,
12% Bond. Very Fine (3) School District Bonds (1903-1904) Very Fine (1) City of
Nampa $1000 Bond, Extra Fine. Total number of bonds in lot 5.
Estimated
Value $50-100.
Lot 558
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Municipal Bonds from the
State of Nevada 1865-1943. Bonds from the State of Nevada issued by the
State, Counties, Cities (including Virginia City), University, Hospital, and
Irrigation district. Many of the bonds are of the 1870s-1880s vintage. All
bonds are cancelled. Lot should be inspected prior to bidding. Total number of
bonds in lot 13.
Estimated Value $1,000-2,000.
Lot 559
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Penn-Yan-Mining Company,
18--, Gold American Coins. 18--, Montana. Unissued certificate. The
vignette at top is of eight coins; seven are colored in shiny gold and one in
silver. Almost Uncirculated.
Estimated Value $200-300.
Lot 560
Petroleum Industry Stocks.
(4) Stocks related to the petroleum industry.
Estimated Value $10-25.
Lot 561
Rail Road Assortment
1849-1928. (23) Stock Certificates from many different railroads. Some
famous and some not so famous, but a good assortment. Lot contains 23 stocks.
Estimated Value $300-600.
Lot 562
Railroad Lot Consisting Of
Bonds And Stocks From All Over The United States. Nice lot of bonds and
stock certificates from all over the country. Nice mixture for the collector or
dealer. Take the time to inspect this lot. Total in lot 19.
Estimated Value
$1,000-2,000.
Lot 563
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Rare 1863 Washington
Territory Transportation Stock. 1863, Washington Territory, 1 Share of the
Columbia Transportation Company. A rare example of this certificate that is
unlisted in the Cox book. Very Fine or a bit better, uncancelled.
Estimated
Value $200-400.
Lot 564
Rare 1863 Washington
Territory Transportation Stock. 1863, Washington Territory, 1 Share of the
Columbia Transportation Company. Very Fine or a bit better, uncancelled.
Estimated Value $200-400.
Lot 565
Rare and Early Idaho
Territory Gold & Silver Mining Company - 1864 "One Foot To A Share". A very
rare certificate on the Daly Gold and Silver Mining Company. "Placer District,
Boise Co., Idaho Terr." Very Fine with tight margin on left side.
Mining
Laws: Feet Versus Shares
The difference between stock issued in "feet"
and those in "shares" is a topic that was difficult for investors to comprehend
in the 1860s, and still a complex issue for today's historians. Stocks
denominated in feet seem to have first appeared in the 1850s in a few
California mining regions, and became law only in those districts. By 1864,
however, the practice clouded the whole issue of corporate ownership. If a mine
owned 1,500 feet along a lode, and company sold 150 ten-foot sections, then
there could only be 150 owners. Sometimes, it was rumored, such a mine would
sell 300 ten-foot sections of a 1,500 foot claim, thus overselling the
property. What were the stockholders' rights? Which ten feet did they
own?
To tackle this issue, California mining laws addressed the
companies as partnership. Each partner had the same rights as any other partner
in proportion to the share to the share of the company that he owned. Each
partnership, when certain conditions were met, were companies or corporations
and thus subject to certain laws of the state. Corporations which tried to
slide through legal loopholes by using feet instead of shares were treated
equally to other companies, and the practice was soon dropped.
Ref:
Nevada Mining Stock Certificates and Bonds by Douglas McDonald and Fred
Holabird.
Estimated Value $125-250.
Lot 566
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Rare Greenwater California
Mining district stock. (1) 1906, 100 shares, Greenwater Saratoga Copper
Company stock certificate. The Greenwater mining district is located just
outside of Death Valley, California.
Estimated Value $75-150.
Lot 567
Republic of Texas 1841 $100
Bond. Cut cancelled with a few pieces missing, this bond help fund the
early government of the Republic of Texas.
Estimated Value $150-300.
Lot 568
Revenue Stamped Stocks &
Bond. (3) Stock Certificates with revenue stamp imprint. (1) Bond with a
revenue stamp imprint. Total in lot 4.
Estimated Value $150-300.
Lot 569
Scarce California Turnpike
Stock Certificate 1870s. California turnpike stock certificates are just
plain rare. This turnpike was located in Trinity County, California. There are
only 13 miles of rugged mountainous land that separated these two towns. The
next largest town is Shasta that is just east of Lewiston. Unissued, and
Uncancelled.
Estimated Value $100-200.
Lot 570
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Scarce United States
Freehold Land & Emigration Company. Charted by Congress & Sold in Belgium.
1871, 1 Share. A very scarce certificate. Uncancelled, Fine.
Estimated
Value $100-200.
Lot 571
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Steam Boat and Ferry
Company 1889. (1) 1889, 20 shares, Camden and Philadelphia Steam Boat and
Ferry Company. Punch cancelled, Very Fine.
Estimated Value $100-200.
Lot 572
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Stock Certificates from
Tonopah and Goldfield Railroad Company. (5) Unissued stock certificates
from this famous Nevada railroad. All are uncirculated, bright, and very
attractive. Total in lot 5.
Estimated Value $100-200.
Lot 573
Stock Certificates with
Great Mining scences. (14) mostly gold mining stock certificates. This lot
is a must see to appreciate this lot. Cancelled, Uncancelled, remainder. Very
Fine to Almost Uncirculated.
Estimated Value $500-750.
Lot 574
Telecommunications
Certificates. (4) Telecommunications Certificates, including The Mexican
Telephone Company and American Telegraphone Company.
Estimated Value
$15-25.
Lot 575
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Tombstone Mill & Mining
Company 1885. Issued for 9 shares in 1885. "Location of property, Tombstone
District, Pima County, Arizona." One of the prettiest stock certificates ever
made by the American Bank Note Company.
Estimated Value $200-300.
Lot 576
Traction, Electric, Street,
and interurban Railway Company Certificates. (20) Stock certificates from
all over the county. Most show vignettes of interurban passenger cars. Grades
range from Extra Fine to Fine.
Estimated Value $200-300.
Lot 577
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Twin Falls North Side
Specimen Bond by American Bank Note Co. (1) 1907, $500 Gold Bond with a
vignette of the falls. Specimen. Extra Fine.
Previously lot 5671 of R. M.
Smythe Eighth Annual Strasburg Sale.
Estimated Value $500-1,000.
Lot 578
Utah Territory Mining
Stocks - 1873-1890. (1) 1889, 100 Shares, Park City Mining Company of Utah
Territory, Extra Fine, Cancelled (1) 1890, 700 Shares, Park City Mining Company
of Utah Territory, Extra Fine, Cancelled (2) 1873, 100 Shares, Victoria and
Imperial Tunnel and Mining Company, San Francisco, California "Little
Cottonwood Utah Territory", Fine to Very Fine, Cancelled (1) 1881, 50 Shares,
The New Bedford Silver Mining Company, "Forever Unassessable" is printed on the
back, yet we note that there is an "Assessment No. 1 Paid" stamp on the back.
Extra Fine, Uncancelled. Total number in lot 5.
Estimated Value $250-500.
Lot 579
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Virginia & Truckee Rail
Road Bond Paying 10% Interest, Signed By Famed Silver Baron Wm. Sharon. (1)
1874, $1000 V&T bond signed by one of the "Silver Barons," William Sharon.
Very Fine, Cancelled.
Estimated Value $200-400.
Lot 580
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Wilmington & Northern
Railroad Bond Signed By Henry A. DuPont. (1) 1887 $500 bond from the
Wilmington & Northern Railroad Company signed by Henry A. DuPont. Very
Fine, Uncancelled.
Col. Henry A(lgernon) DuPont (1836-1926) Grandson of
Eleuthere Irenee DuPont (originator of the gunpowder fortune); won medal of
honor for action at Cedar Creek during the Civil War; U.S. Senator (R-DE,
1906-1917).
Ref. Terry Cox.
Estimated Value $100-200.