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The National Mining Exploration Company 1909 antique stock certificate

The National Mining Exploration Company 1909 antique stock certificate

$ 10.53

Availability: 89 in stock
  • Return shipping will be paid by: Buyer
  • Item must be returned within: 14 Days
  • All returns accepted: Returns Accepted
  • Restocking Fee: No
  • Refund will be given as: Money Back

    Description

    Up for consideration is The National Mining Exploration Company stock certificate from 1909:
    #9700
    Issued to Paine, Webber & Co. for 50 shares on October 4, 1909
    Signed by
    Incorporated in Maine
    Capital stock of ,500,000
    Printed by New York Bank Note Company
    Uncancelled
    Certificate in good condition, round mark on left center
    Vignette of mining operations, ornate border
    The company started with three different groups claims. The Iron Cap at Globe, Gila County, the Fumarole group at Safford, Graham County and the Copper Ridge group at Kelvin, Pinal County. Development concentrated on the Iron Cap properties. The directors offered bonds to the stockholders in an attempt to raise 0,000 in capital. The stockholders withheld purchases and a 0,000 note was called in by promoters. The company paid all debts and reorganized as the Iron Cap Copper Co which continued to develop and mine the Iron Cap group at Globe and the Fumarole group at Safford.