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Crown Chartered Gold Mining Co. of Porcupine Lake (Limited) - 1911 dated Porcupine Vignette Canadian Mining Stock Certificate

Inv# MS2403   Stock
Country: Canada
Years: 1911 or 1912
Color: Blue or Brown

Stock printed by Globe Litho. Co., N.Y. Ontario, Canada. Unique Vignette! Available in Brown or Blue. Please specify color. The area, then known as the Tisdale township in the Cochrane District of Ontario, became home to dozens of prospectors during the "Porcupine Gold Rush", who explored the areas around Porcupine Lake and the Frederick House River. Rich ore deposits in the Canadian Shield led to Timmins being founded as a company town to house Hollinger employees. In 1912, mine manager Alphonse "Al" Paré named the growing mining camp for his uncle, Noah Timmins, who was President of Hollinger Mines. Many settlers grouped in camps around Porcupine Lake and the hamlet of Dome – the Dome Mines Limited settlement at the Dome Mine, one mile from the lake. Four miles down the road, around the McIntyre Mine, the hamlet of Schumacher was established.

The rail system that began to operate around Timmins in 1911 accelerated the growth of the camps. That same year, two days after the first train arrived in the Porcupine, the entire area was destroyed in the Great Porcupine Fire. The fire had destroyed 200,000 hectares (770 sq mi) of forest, and killed approximately 70 people, although it is estimated that the fire claimed the lives of 200 people. The deceased were buried along Porcupine Lake, at Dead Man's Point, now known as Tisdale Cemetery. The camp began to be rebuilt within a few days. Read more at https://en.wikipedia.org/wiki/Timmins

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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: $130.00