Iron City Gold Mining Co. - Deadwood, Lawrence County, Dakota Territory - Stock Certificate
Inv# MS3240 StockStock. Deadwood is a city that serves as county seat of Lawrence County, South Dakota, United States. It was named by early settlers after the dead trees found in its gulch. The city had its heyday from 1876 to 1879, after gold deposits had been discovered there, leading to the Black Hills Gold Rush. At its height, the city had a population of 25,000, attracting Old West figures such as Wyatt Earp, Calamity Jane, and Wild Bill Hickok (who was killed there). The population was 1,156 at the 2020 census. The entire town has been designated as a National Historic Landmark District, for its well-preserved Gold Rush-era architecture. Deadwood's proximity to Lead often prompts the two towns being collectively named "Lead-Deadwood".
The settlement of Deadwood began illegally in the 1870s, on land which had been granted to the Lakota people in the 1868 Treaty of Fort Laramie. The treaty had guaranteed ownership of the Black Hills to the Lakota people, who considered this area to be sacred. The settlers' squatting led to numerous land disputes, several of which reached the United States Supreme Court. Everything changed after Colonel George Armstrong Custer led an expedition into the Black Hills and announced the discovery of gold in 1874, on French Creek near present-day Custer, South Dakota. This announcement was a catalyst for the Black Hills Gold Rush, and miners and entrepreneurs swept into the area. They created the new and lawless town of Deadwood, which quickly reached a population of approximately 5,000. By 1877, about 12,000 people settled in Deadwood, while other sources put the peak number even at 25,000 in 1876. Read more at https://en.wikipedia.org/wiki/Deadwood,_South_Dakota
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.
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