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Bingham and Eastern Mines Co. - dated 1906 New Jersey & Utah Mining Stock Certificate

Inv# MS1380   Stock
Bingham and Eastern Mines Co. - dated 1906 New Jersey & Utah Mining Stock Certificate
State(s): New Jersey
Utah
Years: 1906
Color: Green and Black

Stock printed by Broun-Green Company. BINGHAM & EASTERN MINES CO. UTAH. Office : 42 Church St., New Haven, Conn. Mine office : Bingham Canyon, Salt Lake Co., Utah. Is the old Bingham & Eastern Copper Co., or old Bingham & Eastern Mining Co., or old Bingham & Eastern Copper Mining Co., or words to that effect, reorganized with present title in 1903 under laws of New Jersey, with a reduction of capital from $1,000,000 to $200,000. Lands include the Jersey Blue, I X L, Little Cottonwood and other mines, which have been occasional shippers during the past 15 years, and are opened by a 1,400* tunnel. Property is well located and if actively developed may make a mine. Bingham & Eastern Mines Co. New Jersey Charter void 1910. For nonpayment of taxes. Read more at Mines Register - Volume 5 - Page 231 - Google Books Result

The Bingham Canyon Mine, more commonly known as Kennecott Copper Mine among locals, is an open-pit mining operation extracting a large porphyry copper deposit southwest of Salt Lake City, Utah, in the Oquirrh Mountains. The mine is the largest man-made excavation, and deepest open-pit mine in the world, which is considered to have produced more copper than any other mine in history – more than 19,000,000 short tons (17,000,000 long tons; 17,000,000 t). The mine is owned by Rio Tinto Group, a British-Australian multinational corporation. The copper operations at Bingham Canyon Mine are managed through Kennecott Utah Copper Corporation which operates the mine, a concentrator plant, a smelter, and a refinery. The mine has been in production since 1906, and has resulted in the creation of a pit over 0.75 miles (1,210 m) deep, 2.5 miles (4 km) wide, and covering 1,900 acres (3.0 sq mi; 770 ha; 7.7 km2). It was designated a National Historic Landmark in 1966 under the name Bingham Canyon Open Pit Copper Mine. The mine experienced a massive landslide in April 2013 and a smaller slide in September 2013. Read more at https://en.wikipedia.org/wiki/Bingham_Canyon_Mine

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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.
Price: $90.00