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United Smelters, Railway and Copper Co - Stock Certificate

Inv# RS1222   Stock
United Smelters, Railway and Copper Co - Stock Certificate
State(s): Wyoming
Years: 1909 or so
Color: Gr
Railroad Stock. Train vignette at top and mining town vignette at bottom. Very rare state of Wyoming. A Great Stock! Choice Condition. United Smelters, Railway and Copper Company controlled the following to mines: FERRIS-HAGGARTY COPPER MINING CO. WYOMING Inactive. Owns, or did own, the copper mine of this name at Rudefeha. Carbon county, Wyo. Company also owned $375.000 of the Pcnn Wyoming bonds, but as its stock is practically all owned by the Penn Wyoming, its corporate officers and affairs are of no public interest, save as the only valuable mining asset of the chain of bankrupt corporations, controlled by the Pcnn Wyoming and its alleged and equally rotten successor, the United Smelters, Railway & Copper Co. See under Penn Wyoming Co.. in Vol. XIV, also Vol. X, Copper Handbook. AND HAGGARTY COPPER MINING CO. WYOMING Probably dead. Mine at Rudefeha. Carbon county, Wyo. L. N. Pen- nock, former pres. Cap., $10,000, increased Nov. 9, 1908, to $1.500,000; shares *1 par. Controlled and owned by the United Smelters, Railway & Copper Co. Is a companion of the Ferris Haggarty Co., but like all its sister companies owned by the U. S. R. & C. Co. Only a lawyer can tell which of the two owned the copper mine that has been the bait for so many "investors." See Vol. XIV, also Vol. X of "Copper Handbook," under Peiui-Wyom- iner Copper Co.

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: $110.00