Calumet and Arizona Mining Co. - 1906-1921 dated Arizona Mining Stock Certificate - Mine in Bisbee, Arizona
Inv# MS1087 Stock
Stock neatly stamp and hole cancelled. Mine in Bisbee, AZ. Graphics by American Bank Note. Excellent Condition. Available in Orange, Brown or Blue. Please specify color.
Bisbee is a city in and the county seat of Cochise County in southeastern Arizona, United States. It is 92 miles (148 km) southeast of Tucson and 11 miles (18 km) north of the Mexican border. According to the 2020 census, the population of the town was 4,923, down from 5,575 in the 2010 census. Bisbee was founded as a copper, gold, and silver mining town in 1880, and named in honor of Judge DeWitt Bisbee, one of the financial backers of the adjacent Copper Queen Mine. The town was the site of the Bisbee Riot in 1919. In 1929, the county seat was moved from Tombstone to Bisbee, where it remains. Read more at https://en.wikipedia.org/wiki/Bisbee%2C_Arizona
The Calumet and Hecla Mining Company was a major copper-mining company based within Michigan's Copper Country. In the 19th century, the company paid out more than $72 million in shareholder dividends, more than any other mining company in the United States during that period. In 1864, Edwin J. Hulbert discovered a copper-bearing section of what became known as the Calumet Conglomerate of Precambrian age. The find was in Houghton County, Michigan, between the rich Cliff mine to the northeast, and the copper mines of Portage Lake to the southwest, but a long way from either. Hulbert formed the Hulbert Mining Company in 1864 to acquire the land rights, before creating the Calumet Company in 1865, with Boston investors. The company spun off the Hecla Company the following year, and assigned shares in the new company to Calumet shareholders. Read more at https://en.wikipedia.org/wiki/Calumet_and_Hecla_Mining_Company
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.
Ebay ID: labarre_galleries