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Puritan Mining Co., Ltd .- Stock Certificate

Inv# MS1047   Stock
Puritan Mining Co., Ltd .- Stock Certificate
State(s): Idaho
South Dakota
Years: 1906-15
Mining Stock. Very rare with portrait of Lincoln. Idaho is a scarce state. Nice!!! NEW PURITAN MINING CO. SOUTH DAKOTA Address: Lead, South Dakota. Officers: Wm. J. McGoffin, pres, and mgr.; L. Herseth, v. p.; P. A. Gushurst, sec.; W. C. Nissen, treas., with S. Ruud, W. Worth, and A. Randall, directors. Inc. 1915, as a reorganization of the Puritan Mining Co. Cap., 11.500,- 000 shares: $1 par; non-assessable; 200,000 shares issued. Annual meeting in June. Property: 60 patented acres, in Whitewood mining district, Lawrence county, shows an orebody, 28' thick in quartzite, carrying gold ore said to assay $3.60 per ton. Developed by several shafts to depth of 190'. Equipment: includes steam hoist, 6-driIl compressor, pump, and a 250- ton concentrating mill with cyanide unit. Property has been idle for several years, owing to litigation, and as mill will have to he remodeled at a cost of $25,000, and company has no funds, the outlook is not bright.
Condition: Good

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: $90.00