Mountain Key Mining Co - Stock Certificate
Inv# MS1125 StockState(s):
New Mexico
Years:
1891
Printer-Buxton & Skinner, St. Louis. Rare State!
Mountain Key Mining Company. Mountain Key Mining Company, Piitos Altos, Grant County. Discovered in 1870, and located about three-quarters of a mile from Finos Altos. Cost of mine, hoisting works, and mill, was $50, 000 in 1889. The company worked past 2 years by the present company, and produced in 1887 $90, 000, and in 1888 $113, 000, and four months in 1889 $53, 000 of gold and silver-90 per cent, gold and 10 per cent, silver. Distance between levels 100 feet; down now 400 feet; levels and shaft and sloping about 3, 000 feet; output 600 tons per month; value of machinery $1, 000; ore milled miles from mine; the company employed 145 men.
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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