Monarch Minerals, Inc. - 1971-72 dated Helena Montana Mining Stock Certificate
Inv# MS3404 StockStock printed by Goes with gold seal. Smaller size measures 10" x 5 3/4". Gold strikes in Idaho Territory in the early 1860s attracted many migrants who initiated major gold rushes at Grasshopper Creek (Bannack) and Alder Gulch (Virginia City) in 1862 and 1863 respectively. So many people came that the federal government created a new territory called Montana in May 1864. The miners prospected far and wide for new placer gold discoveries. On July 14, 1864, the discovery of gold by a prospecting party known as the "Four Georgians" in a gulch off the Prickly Pear Creek led to the founding of a mining camp along a small creek in the area they called "Last Chance Gulch". In 1876, Thomas Cruse, a prospector of Irish descent, discovered a massive gold deposit in the mountains, northwest of Helena. He soon filed a mining patent on 20.25 acres and opened the famous Drumlummon Mine which produced a rich bounty of gold and silver worth millions of dollars. Read more at https://en.wikipedia.org/wiki/Helena,_Montana
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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