Skip to main content

Silver Divide Mines Co. - Stock Certificate

Inv# MS1343   Stock
Silver Divide Mines Co. - Stock Certificate
State(s): Nevada
Years: 1936-38
Stock printed by Goes. Several Great vignettes in border!! SILVER DIVIDE MINES CO. NEVADA Office: Tonopah, Nev. Officers: H. C. Brougher, pres.; J. L. Joseph, v. p.; E. J. Erickson, sec.-treas., with George Wingfield, Gust Hanson (supt.), James Grimes, and H. G. Humphrey, directors. Inc. March 31. 1919, in Nevada. Cap., 1,500,000 shares; 20c par; assessable. Listed on San Francisco Stock Exchange. Property: the Bazaar group of 6 claims, adjoining the Gold Reef and Gold Zone on the N. 2,200* S. of Tonopah Divide. Development: shaft down 400* in December, 1919. and gasoline hoist erected. A continuation of the Tonopah Divide vein was reported cut on the 400' level. In related information, the Tonopah Mining Company of Nevada constructed a railroad in 1903 from Rhodes, Nevada, to Tonopah, a 60 mile distance. In 1905, this railroad merged with the Goldfield Railroad Company, which had built a railroad in 1904. The railroad of the consolidated company, known as the Tonopah and Goldfield Railroad Company, transported ore from the Tonopah district to the connecting point of the Southern Pacific Railroad at Mina, Nevada, and carried supplies to the mining operations. In October 1942, The Tonopah Mining Company of Nevada sold its controlling interest in the railroad company to Dulien Steel Products, Incorporated. In September 1946, the Tonopah and Goldfield Railroad filed for abandonment of the road and discontinued hauling ore after October 1. The Tonopah Mining Company of Nevada connecting with the Southern Pacific Railroad for ore shipments had used this railroad. Due to the railroad shutdown, arrangements were made with the Kennecott Copper Corporation at McGill, Nevada, for ore treatment.
Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $70.00