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Mansfield Mining and Smelting Co. - Stock Certificate (Uncanceled)

Inv# MS1091   Stock
Mansfield Mining and Smelting Co. - Stock Certificate (Uncanceled)
State(s): Arizona
Missouri
Years: 1907-1911
Uncanceled Stock printed by Union Bank Note Co. Excellent Condition. Santa Cruz county. Wrightson, Arizona. This company owned the Sweet and Black Cap mines. We assume the secretary, A. C. Sweet, was the discoverer of the Sweet mine. His (honorary) place as secretary is a position held by other miners who got their properties financed in the mid-west or east. This company also staked a huge amount of claims around these mines, built a smelter in 1908, but never really got going. The mine closed in 1911, and the company reorganized in 1912 into the Ruby Copper Co and the Southern Arizona Mining Co. No production was recorded until 1924 when lessees ran the mine for about 2 years. [ref: Tenney p317-8, who neglected to tell the reader what district the mine was in]. Datelined Kansas City.
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: $120.00