The Arizona Prosperity Gold Mines Company 1902 antique stock certificate – fraud

Description

Up for consideration is The Arizona Prosperity Gold Mines Company stock certificate from 1902:
#584
Issued to A. J. Lutz for 150 shares on January 29, 1902
Signed by W. C. Tonkin as treasurer
Incorporated in Arizona
Capital stock of ,500,000
Datelined Chicago, Illinois
Two purple 5c revenue stamps on orange seal
Certificate in very good condition
Uncancelled
Vignette of underground mining operation with ornate orange border
The Company owned the Prosperity Group of 80 acres at Quartzite, Yuma County, Arizona.
According to the United States Investor newspaper from 1904 the company prospectus “…contains many misleading and untruthful statements…very little likelihood of stockholders ever receiving any returns on the money which they have invested”.