The Wall Street Gold Extraction Company 1901 antique stock certificate – Boulder

Description

Up for consideration is The Wall Street Gold Extraction Company stock certificate from 1901:
#271
Issued to Charles L. Page for 150 shares on October 14, 1901
Signed by J. A. Wilding as president
Incorporated in Colorado
Capital stock of 0,000
Datelined Denver, Colorado
Uncancelled
Certificate in good condition, small separation along folds
Ornate green border / underprint / seal; vignette of a mining operation in the mountains flanked by 2 round vignettes of miners
Company had a mine and mill in the town of Wall Street, Boulder County, Colorado.
Wall Street was established in 1898 when New York capitalist Charles W. Caryl showed up and bought dozens of mines and claims at what had been a camp known as Delphi. The new town of Wall Street was named for the New York capital that would transform the town and nearby mines as part of Caryl's plans.
Caryl was apparently a bit of a swindler, making big promises to New York investors that he was unable to deliver on at his mines. Boston capitalists operating as the Wall Street Gold Extraction Company, purchased many of Caryl's assets and built the mill that Caryl had initially planned. This impressive mill cost over 0,000 dollars and took 22 months to build, and was one of Colorado's first chlorination mills. Despite promises that the mill would drastically reduce the cost of treating ore, it was a failure and was scrapped in 1907.
The mines of the Wall Street area continued to produce and the town survived the loss of its mill, although it was greatly diminished.