Consolidated Virginia Mining Co. - 1920's-1950's dated Nevada Mining Stock Certificate
Inv# MS1935 Stock
Stock. Smaller format measuring 8 3/4" x 4". Virginia mining district. Available in Orange or Green. Please specify color. Virginia City is a census-designated place (CDP) that is the county seat of Storey County, Nevada, and the largest community in the county. The city is a part of the Reno–Sparks Metropolitan Statistical Area. Virginia City developed as a boomtown with the 1859 discovery of the Comstock Lode, the first major silver deposit discovery in the United States, with numerous mines opening. The population peaked in the mid-1870s, with an estimated 25,000 residents. The mines' output declined after 1878, and the population declined as a result. As of the 2020 Census, the population of Virginia City was 787.
Peter O'Riley and Patrick McLaughlin are credited with the discovery of the Comstock Lode. Henry T. P. Comstock's name was associated with the discovery through his own machinations. According to folklore, James Fennimore, nicknamed Old Virginny Finney, christened the town when he tripped and broke a bottle of whiskey at a saloon entrance in the northern section of Gold Hill, soon to become Virginia City. Read more at https://en.wikipedia.org/wiki/Virginia_City,_Nevada
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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