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La Victoria Mining and Milling Co. of Honduras - Stock Certificate

Inv# FS2002   Stock
La Victoria Mining and Milling Co. of Honduras - Stock Certificate
Country: Honduras
State(s): Illinois
Years: 1889

La Victoria Mining and Milling Company was in the district of Santa Lucia, in the department of Tegucigalpa, and about 12 miles nearly east of the capital, the principal mines being the Victoria, Zopilotiera, and Santa Elena. The Zopilotiera vein was from 3 to 4 feet wide, striking east and west, and dipped north from 5 to 10 degrees. The pay-streak, of black decomposed sulphuret of silver, was generally found on a 1 foot-wall. The work done on this vein was aggregated to  about 275 feet. The Victoria vein was a well-defined fissure, running east and west, and dipping about 20 degrees north. The ore and gangue were soft and much decomposed, and the silver-bearing minerals were arsenical and iron pyrites with ruby silver. On the Santa Elena, the former owners, who had proved the existence of chimneys and irregular bodies of good ore, had done considerable work.

The topography of this zone was such that, in nearly every case, mining could be carried on above the drainage-levels, the latter being from 1200 to 1500 feet below the highest outcrop of the veins. A mill, which was to contain some standard pulverizers, and other machinery, was not adapted to the treatment of these ores, and work had been stopped for an indefinite period. (Transactions of the American Institute of Mining Engineers, Mining in Honduras, 1892)

Condition: Fine

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.