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Lewis and Clark Development Co. - 1940 dated Helena, Montana Mining Stock Certificate

Inv# MS2590   Stock
State(s): Montana
Years: 1940
Color: Gold

Stock printed by Goes. Helena, Montana. Great Title! Helena has been the capital of Montana Territory since 1875 and the state of Montana since 1889. Referendums were held in 1892 and 1894 to determine the state's capital; the result was to keep the capitol in Helena. In 1902, the Montana State Capitol was completed. Until the 1900 census, Helena was the most populous city in the state. That year it was surpassed by Butte (with a population of 30,470), where mining industry was developing.

Among the settlers the city's prosperity attracted were Blacks fleeing racism in the South. Many found work in the mines or on the railroads and established a middle class that supported Black-owned businesses, Black churches, Black newspapers and a Black literary society. A Black police officer patrolled the town's wealthiest (white) neighborhood. But in the later 1900s new discriminatory laws, such as a ban on mixed marriages and the establishment of many sundown towns, along with the attendant racist attitudes that led to them drove many Blacks out not just Helena but the state, to the point that the city's Black population today is a small fraction of what it was in the early 20th century.

In 1916, the United Daughters of the Confederacy commissioned the construction of the Confederate Memorial Fountain in Hill Park. It was the only Confederate memorial in the Northwestern United States. The fountain was removed on August 18, 2017, after the Helena City Commission deemed it a threat to public safety following a white nationalist rally in Charlottesville, Virginia. Read more at https://en.wikipedia.org/wiki/Helena,_Montana

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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: $80.00