Gibson Hill Mining Co. - Stock Certificate
Inv# MS1203 Stock
State(s):
Colorado
Years:
188-
Unissued Stock but signed by one officer. Company incorporated in 1881. Strong mining vignettes by American Bank Note Company., Boston. Rare! Gorgeous!
Colorado. Summit County. Breckinridge Mining District. “The Gibson Hill Mining Company’s property is composed of twenty patented claims, situated on the slope of Gibson Hill, McKay mining district, about a mile from Breckenridge. They are working twelve men steadily, and are doing development work principally, but are taking out enough ore to pay all expenses. The ore is a galena, and the coarser part is shipped as taken out, and nets from $60 to $75 per ton. The second-class ore is being concentrated by Messrs. Newcomb and Musgrove at the Elyria concentrator.” [Burchard, pg. 430]
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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