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White Cloud Gold Mining and Milling Co. - Custer City South Dakota Stock Certificate

Inv# MS3133   Stock
White Cloud Gold Mining and Milling Co. - Custer City South Dakota Stock Certificate
State(s): South Dakota
Years: 1903

Stock printed by Goes. Custer City, South Dakota. Certificate #7!

Custer is a city in Custer County, South Dakota, United States. The population was 1,919 at the 2020 census. It is the county seat of Custer County.

Custer is the oldest town established by European Americans in the Black Hills. Gold was discovered east of Custer during the Black Hills Expedition, conducted by the 7th Cavalry led by Lt. Colonel George Armstrong Custer, a discovery which initiated the Black Hills Gold Rush.

For thousands of years, the Black Hills had been part of the territory of varying tribes of indigenous peoples. They were within historical territory of the Oglala Sioux at the time of United States encounter, and within the Great Sioux Reservation established by the US Treaty of Fort Laramie (1868). Having established dominance in the area by the eighteenth century, the Oglala Sioux had long considered the Black Hills as sacred land.

After increasing encroachment by Americans and violent confrontations, the U.S. government forced the Sioux to cede much of the Black Hills in 1877, and opened the land for individual purchase and settlement. In 1875 trespassing gold-boomers named their settlement Stonewall (after the Confederate general, Stonewall Jackson), but it was renamed for Custer. Almost abandoned in 1876 after word of the much larger gold strikes in Deadwood Gulch spread, Custer later became an established city.

Custer has had a smaller population and been less wealthy than the Northern Hills cities of Deadwood and Lead. In addition to gold, Custer and other cities based their economies on the extraction of industrial minerals, which are still important to the regional economy.

Custer annually observes a "Gold Discovery Days" celebration and festivities over the last full weekend of July. This heritage tourism event celebrates the embezzlement of gold by the Custer expedition in nearby French Creek and the subsequent founding of the town.

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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.
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