Castle Creek Hydraulic Gold Mining Co. - Stock Certificate
Inv# MS1387 Stock
State(s):
South Dakota
Years:
1911
Printed by Goes. Rare State!
The first dredge in the Black Hills was put in commission in May by the Castle Creek Hydraulic Gold Mining Company, at Mystic. The bucket line comprises 78 buckets of 5 cu. ft. capacity each, geared to discharge 26 buckets per minute. The dredge will dig 35 ft. below water line. The machinery is all electrically driven, power being obtained from a steam plant comprising four 100-hp. boilers and 300-hp. 28x48-in. Corliss engine, driving a 250 hp. motor.
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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