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Strong Copper Mining Co. - 1903-04 dated Wyoming Mining Stock Certificate

Inv# MS1367   Stock
Strong Copper Mining Co. - 1903-04 dated Wyoming Mining Stock Certificate
State(s): Wyoming
Years: 1903-04
Color: Brown and Black

Printed by Goes. Scarce State! STRONG COPPER MINING CO. WYOMING. Office: 210 Grant Ave., Latamie, Wyo. Mine office: Leslie, Albany Co., Wyo. N. E. Corthell, president; M. E. Stickney, vice-president; E. P. Baker, mine superintendent, at last accounts. Organized Jan. 17, 1903, under laws of Wyoming, with capitalization $1,000,000, shares $1 par; issued, $837,959. Annual meeting, first Wednesday in January. Lands, 16 claims, unpatonted, area 260 acres, circa 14 miles northeast of Laramie, reported to show a fissure vein in pegmatite, which perhaps is a pegmatite dike, and contact deposits between limestone and granite, latter, of 7' estimated average width, carrying malachite, ehaleocitc, bomite, chalcopyrite, galena and wuulfenite, reported to give average assays of 4% copper. 5 oz. silver and $3.60 gold per ton. with some lead and molybdenum.

The mine has about 20 shallow pits, a 335'shaft and a 450' tunnel, with circa 1,300' of workings, estimated by management to show 10,000 tons of ore, mainly chalcopyrite, with considerable chalcocite on the 250' level, the vein carrying 2' to 7' of concentrating ore, with occasional paystreaks of ore of smelting grade. Equipment consists of an 80-h. p. steam plant, with a 25-h. p. hoist and a 3-drill Nordberg air-compreaaor. There are 6 mine buildings. The company planned a concentrator, but Dr. I. R. Swigart, the former secretary, treasurer and general manager, died early 1909, and at last accounts the company was pressed for funds, and in imminent danger of losing its lands, through failure to do annual assessment work. Idle and apparently moribund. Read more at https://www.mindat.org/loc-7135.html

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.
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