Skip to main content

Spearhead Gold Mining Co. Reorganized - Stock Certificate

Inv# MS1342   Stock
Spearhead Gold Mining Co. Reorganized - Stock Certificate
State(s): Nevada
Years: 1926
Stock printed by Hamilton Bank Note Co., NY. Mines at Silver City, NV. 1,000 shares!

GOLDFIELD BLUE BELL MINING CO. NEVADA Address: Austin, Nev. Officers: D. S. Johnson, pres.: B. W. Ward, treas.; J. M. Hiskey. sec. Annual statement for 1918 shows: Receipts. $4.875; expenditures. $4,922. Property: 3 fractional claims at Goldfield, under lease to Spearhead Gold Mining Co.. Reorganized; Cotter mines (10 unpatentel claims) at Golden Arrow, 50 miles E. of Tonopah, Nev.; Berlin mine (16 patented claims), Berlin, Nev.; Richmond mine (3 patented claims) 1 mile S. of Berlin; Shamrock mine (10 patented claims). 6 miles N. of Berlin; Downeyville and Sullivan mines (6 patented claims), 5 miles S. of Lodi. Nev. Development: Cotter 450' deep; Berlin (gold). 364'; Downeyville (silver-lead). 250': Richmond (gold, silver, copper). 75'; Shamrock (gold, silver), 350'; Sullivan (gold). 100'. The Goldfield (950') is the only mine worked. Equipment: Berlin has 2 steam hoists, 2 compressors, assay-office, store, machine-shop, complete 30-stamp mill, etc. A group of mines like these ought to develop something. In related information, the Tonopah Mining Company of Nevada constructed a railroad in 1903 from Rhodes, Nevada, to Tonopah, a 60 mile distance. In 1905, this railroad merged with the Goldfield Railroad Company, which had built a railroad in 1904. The railroad of the consolidated company, known as the Tonopah and Goldfield Railroad Company, transported ore from the Tonopah district to the connecting point of the Southern Pacific Railroad at Mina, Nevada, and carried supplies to the mining operations. In October 1942, The Tonopah Mining Company of Nevada sold its controlling interest in the railroad company to Dulien Steel Products, Incorporated. In September 1946, the Tonopah and Goldfield Railroad filed for abandonment of the road and discontinued hauling ore after October 1. The Tonopah Mining Company of Nevada connecting with the Southern Pacific Railroad for ore shipments had used this railroad. Due to the railroad shutdown, arrangements were made with the Kennecott Copper Corporation at McGill, Nevada, for ore treatment.

Read More

Read Less

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