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Middle States Coal and Iron Mines Co. - $1,000 5% 30 Year Mining Gold Bond (Uncanceled)

Inv# MB5006   Bond
State(s): West Virginia
Years: 1906
Color: Green

$1,000 5% Uncanceled Gold Bond. E. A. Wright Bank Note Co. - Phila. 58 of the original 60 coupons. Scarce State and Especially Attractive!!!

The West Virginia coal wars (1912–1921), also known as the mine wars, arose out of a dispute between coal companies and miners.

The first workers strike, in West Virginia, was the Cabin Creek and Paint Creek strike of 1912–1913. With help from Mary "Mother Jones" Harris Jones, an important figure in unionizing the mine workers, the miners demanded better pay, better work conditions, the right to trade where they pleased (ending the practice of forcing miners to buy from company-owned stores), and recognition of the United Mine Workers (UMW).

The mining companies refused to meet the demands of the workers and instead hired Baldwin-Felts agents equipped with high-powered rifles to guard the mines and act as strikebreakers. After the Agents arrived, the miners either moved out or were evicted from the houses they had been renting from the coal companies, and moved into coal camps that were being supported by the Union. Approximately 35,000 people lived in these coal camps.

A month after the strike began, hostilities began with the arrival of the Baldwin-Felts Agents who provoked the miners. Socialist Party activists began supplying miners with weapons: 6 machine guns, 1,000 high-powered rifles, and 50,000 rounds of ammunition.

On September 1, 1912, approximately 6,000 unionized miners from across the Kanawha River crossed the river and declared their intent to kill the mine guards and destroy the company operations. Due to this threat, the mining companies deployed additional armed guards and awaited the miners' attack. Consequently, the Governor proclaimed martial law to be in effect on September 2, 1912, seizing 1,872 high-powered rifles, 556 pistols, 6 machine guns, 225,000 rounds of ammunition, and 480 blackjacks – as well as large quantities of daggers, bayonets, and brass knuckles.

On May 19, 1920, a shootout in Matewan, West Virginia, between agents of the Baldwin-Felts and local miners, who later joined the United Mine Workers of America, sparked what became known as the Battle of Blair Mountain, the largest insurrection in the United States since the American Civil War.

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Condition: Excellent

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $90.00