Isabella Gold Mining Co. - Stock Certificate
Inv# MS1169 StockState(s):
Colorado
Years:
1892-1900
New York Bank Note Company. Attractive!
The mines owned by Isabella were some of the largest gold producers in Colorado. The company was founded around 1892 by the silver king and railroad tycoon, James J. Hagerman. Hagerman bought the Buena Vista Mine for over $200,000 and other claims on Bull Hill and Bull Cliffwhich started the Cripple Creek boom.
The Isabella was also involved in the 1894 labor war. The conflict started when the company announced that it would pay miners $3.00 for a ten hour work day, vs. the eight hour normal salary.
Isabella produced gold up until World War II. The mines were eventually run by the United Gold Mines Company. During its life, the Isabella's mines generated over $15 million in precious metals which made they one of the largest producers in the in Cripple Creek Mining District.
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.
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