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Sierra Nevada Mining Corp. - 1937 dated Mining Stock Certificate

Inv# MS3483   Stock
State(s): West Virginia
Years: 1937
Color: Brown

Stock printed by Central Banknote Company. Uncancelled and not negotiable. The Sierra Nevada Mining Company was part of the "North End" mines of the Comstock Lode, and was staked in 1859. It was located in Sevenmile Canyon below the Utah Mine and was 3550' long. It was a large producing mine of gold as well as silver. Up to the mid-1870s, the old upper workings were profitably reworked. During 1866 to 1933, the reported production was estimated at 197,000 tons which averaged over $9.00 per ton. The mine was in operation intermittently up to the early 1940s. Myron Angel wrote that the mine's stocks was a favorite for "milking the public both in sales of share and assessments." Read more at https://archive.library.unr.edu/public/repositories/2/resources/76

Utah State Route 313 turns back to the north, and then northeast, until it makes a hairpin turn in the mountains, entering the South Fork of the Sevenmile Canyon. While traversing the canyon there are several view areas along the highway overlooking both Sevenmile canyon, Dead Horse Point, and two rock formations called the Monitor and Merrimac Butte, both named after warships in the American Civil War. Running along the canyon, SR-313 terminates at an intersection with U.S. Route 191 about 9 miles (14 km) north of Moab. Read more at https://en.wikipedia.org/wiki/Utah_State_Route_313

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: $45.00