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Grenoble Mining Co. - Stock Certificate

Inv# MS1196   Stock
Grenoble Mining Co. - Stock Certificate
State(s): California
Years: 1887
Stock printed by Railway & Bankers Eng. & Litho. Co., NY. Nice! Jackson, California is the County Seat of Amador County, and it looks like the Grenoble Mine was located near there, along with the Astoria and Hollywood mines. From The Engineering and Mining Journal, Volumes 43-44, Page 54, July 16, 1887: "The Amador Ledger states that the manipulators Bar and Amador are about bringing out lying within a short distance of the mine at Jackson Cal. These incorporations are named the Grenoble the Astoria and Hollywood mining companies The first named was formerly known as as the Wetzlar mine the two last named are new locations with no developments to speak of. There is every reason to believe that these properties are under the control of the adroit managers of the Amador and Middle Bar claims and we desire to sound a note of warning in advance The three new candidates for popular support are not developed properties. The Grenoble has been prospected to some extent and small packets of gold bearing quartz has been taken out but nothing to justify confidence in it as a profitable mine. It is in a region where pockets have the rule and permanent paying ledges the exception. A claim of this nature is just the thing to create a temporary flurry on a market distant from the operations and where the real facts can not ascertained." (Reference: Salerno)
Condition: Excellent

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.
Price: $160.00