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Roper Group Mining Co. of New Mexico - Stock Certificate

Inv# MS1113A   Stock
Roper Group Mining Co. of New Mexico - Stock Certificate
State(s): Delaware
New Mexico
Years: 1920
Stock printed by Security Bank Note Co., Phila. Rare and Popular State!!! ROPER GROUP MINING CO. NEW MEXICO Address: Room 306, 20 Broad St.. New York. B. Labovvs, mgr., Lake Valley, N. M. Officers: Stephen Thurbor, pres.; S. Bendheim. v. p.; Bernard Labows. sec-treas.-mgr.; with Joseph Heilig. B. Garr, C. H. Harris, R. H. Holley, T. P. Fisher, C. C. Carmany and J. G. Millbourn, directors. Inc. in Delaware. Cap., $1.000.000; $1 par: 150,000 shares in treasury. Security Transfer and Registrar Co., New York, registrar and transfer agent. Listed on New York Curb. Property: 14 claims, 225 acres, in Lake Valley mining district. Sierra county, about 7 miles from Lake Valley, saitl to contain silver and lead ore in a vein 2Yz-T wide in andesite and extending 6,000' on surface. The district is located between two old producers, the Bridal Chamber and the Graphic mines, which are 25 miles apart. Development: 2 shafts. 175' apart, one 525' and the other 200' deep. with some lateral workings. Diamond-drilling has been done on the Good Luck claim. It is said that the vein widens and carries more silver with depth, such as 2s/i and 12 oz. at 200' and 5' and 50 oz. at 500'. Is a much advertised and probably somewhat over-rated company. Equipment: includes 2 boilers, one 40 h. p., the other 100-h. p, a hoist with 800' of cable, compressors, 5 pumps and necessary buildings. Over $400.000 is said to have been spent on the mine. Available in Green or Brown. Please specify color.
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: $90.00