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Columbus Consolidated Gold Mining Co. - Stock Certificate

Inv# MS1349   Stock
Columbus Consolidated Gold Mining Co. - Stock Certificate
State(s): South Dakota
Years: 1907 or 1904
Stock printed by C.F. Hoeckel B.B. Co., Denver. Mines at Black Hills, S.D. The Columbus Consolidated Gold Mining Company was organized in 1902. It owned 625 acres north of the Homestake mining properties and extended northward nearly a mile along the strike of the Homestake system of ore veins. The property included the old Colonel shaft on Saw Pit Gulch, which was 200 feet deep, with a lo-stamp mill in connection. This property was being reconstructed and already was being operated. The company bought the 20-stamp crushing cyanide mill built at Gayville many years before by the Baltimore-Deadwood company and operated by the Portland company under lease for the past two years. In 1902 the company was operating on siliceous ore from the Rossiter and Dalton groups of claims on Sheep Tail and Black Tail Gulches. On one of the claims was a series of siliceous ore chutes overlying the vertical slates and was situated so as to be mined at light cost. Underneath was a permanent ore supply, however. A number of strong fissure veins of free milling ore which was being developed by the Columbus shaft were here.
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: $175.00