Industry Gold and Silver Mining Co. - 1878 dated Silver City, Nevada Mining Stock Certificate (Uncanceled)

Inv# MS1331 Stock

State(s): California
Nevada

Years: 1878

Color: Black and White

Uncanceled Stock. Especially Choice Condition. This was a prospect near Silver City. It was idle in 1883. Beehan was a salesman for Vanderslice & Co. Sisson was a salesman for Chadborne & Co. (SF Dir, 1879; Burchard). Devils Gate Mining District, Lyon County, Nevada.

Silver City is a Census Designated Place and small residential community in Lyon County, Nevada, USA, near the Lyon/Carson border. The population as of the 2020 census was 155. Silver City was established in 1859, named for the silver deposits discovered in the area near the Lyon/Carson border. Through this narrow gorge called Gold Canyon, above the historic Devil's Gate rock formation, thousands of travelers passed on their way to the silver mines of the Comstock Lode.

By 1861, the town had four hotels, multiple saloons and boarding houses, and a population of 1,200. Silver city provided boarding facilities for animals used in hauling ore-laden wagons between the Comstock mining areas and mills on the Carson River. A foundry, the first iron works in Nevada was moved here from Johntown in 1862. The town was the site of the Comstock's first silver mill—Paul's Pioneer. During the 1870s, additional mills were built and by 1871, Silver City had eight mills with 95 stamps. The population began to decline after the Virginia and Truckee Railroad was completed in 1869. Construction workers left the area, taking their business with them. Read more at https://en.wikipedia.org/wiki/Silver_City,_Nevada

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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.

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