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American Dredging Co. - 1870's-90's dated Calaveras County, California Mining Stock Certificate - Office in Philadelphia, Pennsylvania

Inv# SS1000   Stock
State(s): California
Pennsylvania
Years: 1870's-90's
Color: Black

Mining Stock. Two great dredging vignettes plus a superb vignette at top center of a paddle wheel steamer. Exceptional! Dredging is the excavation of material from a water environment. Possible reasons for dredging include improving existing water features; reshaping land and water features to alter drainage, navigability, and commercial use; constructing dams, dikes, and other controls for streams and shorelines; and recovering valuable mineral deposits or marine life having commercial value. In all but a few situations the excavation is undertaken by a specialist floating plant, known as a dredger. Usually the main objectives of dredging is to recover material of value or use, or to create a greater depth of water. Dredging systems can either be shore-based, brought to a location based on barges, or built into purpose built vessels. Read more at https://en.wikipedia.org/wiki/Dredging

Calaveras County was one of the original counties of the state of California, created in 1850 at the time of admission to the Union. Parts of the county's territory were reassigned to Amador County in 1854 and to Alpine County in 1864. The county's geography includes landmarks, rolling hills, and giant valleys. It is also known for its friendly communities, and businesses such as agriculture management and construction engineering. It has numerous caverns, such as Mercer Caverns, California Cavern and Moaning Cavern that are national destinations for tourists from across the country. Other attractions include a thriving wine making industry, including the largest of the Calaveras wineries: Ironstone Vineyards, mountain sports recreation and the performing arts.

Gold prospecting in Calaveras County began in late 1848 with a camp founded by Henry Angel. Angel may have first arrived in California as a soldier, serving under Colonel Frémont during the Mexican War. After the war's end, he found himself in Monterey where he heard of the fabulous finds in the gold fields. He joined the Carson-Robinson party of prospectors and set out for the mines. The company parted ways upon reaching what later became known as Angels Creek. Henry Angel tried placer mining but soon opened a trading post. By the end of the year, over one hundred tents were scattered about the creek and the settlement was referred to as Angels Trading Post, later shortened to Angels Camp. Read more at https://en.wikipedia.org/wiki/Calaveras_County,_California

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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: $30.00