Arizona Binghamton Copper Co. - Stock Certificate (Uncanceled)

Mining scene vignette printed by J. C. & W. E. Powers, NY. Signed by president William Reynolds and secretary John H. Whyte. Uncanceled. Arizona Binghamton absorbed the previous Stoddard Mines Co. in 1916. Because the company also took over the Stoddard’s mill operations, they were able to aptly revamp operations, nearly doubling its copper milling capacity, already at 300,000 lbs. in 1917. Having thoroughly overhauled and successfully lassoed copper operations from the previously penniless Stoddard Mines, Arizona Binghamton netted over $200,000 out of the 2,389 tons of copper concentrate in its first year after takeover The company was succeeded by the Arizona Binghamton Mine, but by 1926, its former success was waning. As of 1931, all three companies in the chain of succession were defunct. (Weed, XIII, p.429; 1931, p.250). Vignette of two men working hydraulic drill in underground mining scene. Orange border. Printed by J.C. & W.E. Powers, New York.