Bonita Mountain Mining Company - 1884 dated Colorado Mining Stock Certificate - San Juan County, Silverton Colorado
Inv# MS3223 Stock
Early mining Stock. San Juan County, Silverton, Col. Eureka Mining District, Bonita MT. Silverton, officially the Town of Silverton, is the county seat and only incorporated municipality of San Juan County, Colorado, United States. The town is located in a remote part of the western San Juan Mountains, a range of the Rocky Mountains. The first mining claims were made in mountains above the Silverton in 1860, near the end of the Colorado Gold Rush and when the land was still controlled by the Utes. Silverton was established shortly after the Utes ceded the region in the 1873 Brunot Agreement, and the town boomed from silver mining until the Panic of 1893 led to a collapse of the silver market, and boomed again from gold mining until the recession caused by the Panic of 1907. The entire town is included as a federally designated National Historic Landmark District, the Silverton Historic District.
Settlements in the area surrounding present-day Silverton began in 1860 after a group of prospectors lead by Charles Baker made their way into the San Juan Mountains searching for gold. The area was soon referred to as "Baker's Park", and the group found traces of placer gold nearby. Long before settlement, the area was regularly explored by the Anasazi, and later the Utes, who hunted and lived in the San Juans during the summer. There is also speculation that Spanish explorers and fur traders ventured into the area before Baker's 1860 expedition. Read more at https://en.wikipedia.org/wiki/Silverton,_Colorado
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.
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