Defiance Gold and Silver Mining Co. - 1881 dated Colorado Mining Stock Certificate - Light Staining
Inv# MS1572 StockNew York
Stock printed by Maverick & Wissinger. Rare! The Monarch Mining District was in Chaffee County which is a county located in the U.S. state of Colorado. As of the 2020 census, the population was 19,476. The county seat is Salida. Chaffee County has a confusing origin. Between February 8 and February 10, 1879, Carbonate County was created by the Colorado legislature out of northern Lake County. On February 10 the two counties were renamed, with the southern part of Lake County becoming Chaffee County, and Carbonate County becoming Lake County. Chaffee County is known as the “Heart of the Rockies”. It was named for Jerome B. Chaffee, Colorado's first United States Senator. Read more at https://en.wikipedia.org/wiki/Chaffee_County,_Colorado
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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