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Carbonate Gold and Silver Mining Co. - 1880 dated Colorado Mining Stock Certificate

Inv# MS1875   Stock
State(s): Colorado
Years: 1880

Stock. Leadville, Colorado was founded in 1877 by mine owners Horace Tabor and August Meyer at the start of the Colorado Silver Boom. Tabor's house was also built in 1877, at 116 E. 5th Street. The town was built on desolate flat land below the tree line. The first miners lived in a rough tented camp near the silver deposits in California Gulch. Initially, the settlement was called "Slabtown", but when the residents petitioned for a post office, the name "Leadville" was chosen. By 1880, Tabor and Meyer's new town had gas lighting, water mains, 28 miles (45 km) of streets, five churches, three hospitals, six banks, and a school for 1,100 students. Many business buildings were constructed with bricks hauled in by wagons.

In early 1878, Meyer, along with Leadville's pioneer smelter entrepreneur, Edwin Harrison, after whom the famed Harrison Avenue is named, and Tabor established a post office in Leadville, with George L. Henderson designated as postmaster on July 16, 1877. The post office and the telegraph office both prospered, with Tabor serving as postmaster from February 19 to December 13, 1878. It was said that the Leadville post office was the busiest one between St. Louis and San Francisco. In 1878, the town's first hospital, St. Vincent's, was opened. Read more at https://en.wikipedia.org/wiki/Leadville,_Colorado

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: $265.00