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Kern River Gold Quartz Mining Co. - Stock Certificate

Inv# MS1199   Stock
Kern River Gold Quartz Mining Co. - Stock Certificate
State(s): California
Years: 1896
Mines located in Kern County, California. Rare!! The Kern River mining rush began in 1855. The gold discovered was so far south of the southern mines that thousands flooded the trails to the Kern River in hopes of striking their fortunes. While much placer gold was found, the boom was short lived. But prospectors soon hit the hills looking for the lode of gold that supplied the placers, and found it. By the mid 1890’s, there were about 50-100 lode gold mines in the Kern River area near Kernville. The Kern River Gold Quartz MC appears to be one of the many lode gold mines located in hopes of exploiting gold in the quartz veins. Unfortunately, the detailed reporting done by the California Bureau of Mines and Geology stopped about 1896, the year of the company’s activities. While the district produced significant amounts of gold, it was not enough. And with the discovery of the gold at Randsburg about this same time, all the miners left camp for the spoils of the Yellow Aster.

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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