Day Mines, Inc - 1960's dated Idaho Mining Stock Certificate
Inv# MS1013 Stock
New Jersey
Washington
Mining Stock printed by Federated Banknote Printing Co. Scarce!!! The Hercules Mine was among the most prosperous lead and silver mines located in the Coeur d'Alene Mountains in Burke, Idaho. It was discovered by Harry L. Day, who worked as a bookkeeper and clerk, alongside Fred Harper, a local prospector. In 1923, the owners of the mine established the Day Mines, Inc. company. Additional investors in the mine included August Paulsen, Levi Hutton, and May Arkwright Hutton. Ultimately, it became the main mine for the Hecla Mining Corporation. On June 2, 1901, Day and his partners discovered silver-lead ore. The mine ceased operations in 1924.
The original proprietors of this mine shared a distinctive history, as they were all pro-union or had connections to the 1899 explosion at the Bunker and Sullivan. Levi "Al" Hutton served as the engineer on the train that transported explosives from the Frisco mine to the concentrator, where he was reportedly held at gunpoint.
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