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North Utah Mining Co. of Bingham - Stock Certificate

Inv# MS1310   Stock
North Utah Mining Co. of Bingham - Stock Certificate
State(s): Maine
Utah
Years: 1907
Stock printed by New York Bank Note Co. NORTH UTAH MINING CO. OF BINGHAM. UTAH. Office: 1 Broad Street Place, London, E. C., Eng. Operating office: 221 Herald Bldg., Salt Lake City, Utah. Mine office: Bingham Canyon, Salt Lake Co., Utah. A. L. Pearse, managing director; R. H. Monro, treasurer; preceding officer, C. Lambert, J. P., A. Dugdalo, I. W. Dyer and D. Laing, directors; W. H. Stentitord, secretary; W. D. Bohn, general manager. Organized Feb. 23, 1900, under laws of Maine, with capitalization $3,250,000, shares $5 par. Debentures, "45,900 at 6%. Company owns a half interest in the Markham Guleh Mining & Milling Co., and absorbed the Utah Extension Copper Mining Co., September, 1908, and the Utah Development Co. circa Nov. 10, 1908, tmd also has taken over the property formerly owned by the New Red Wing Mining Co., these various merged companies having had interlocking relations. Land circa 300 acres, Markham Gulch, including the Red Wing and Butler-Liberal mines. Property carries the Florence and Erie fissures, latter having been a good producer in the upper levels. The mines as a whole, developed mainly by tunnels, have about. 5 railt-s of workings, with ores carrying lead, silver, copper and gold values, in about the order named. The Butler-Liberal mine is opened by the Butler shaft; the Main tunnel, which h?s a 163' blind shaft; the No. 3 tunnel, showing ore assaying up to 18% copper, and the Jacobs tunnel, latter said to show ore assaying up to 6% copper, 12 oz. silver and SI gold per ton. The Red Wing group, of 110 acres, partly patented, with 2 adverses in litigation, has 3 tunnels. The upper tunnels are said to show a 5' vein, with a 3' paystreak carrying ore assaying up to 23.2% copper, 12% lead, 60 oz. silver and $1 gold per ton. No. 3 tunnel, of circa 700' length, is said to show a vein of 15' to 50' width, carrying low grade silver-lead ore. Equipment includes a good machinery niant, with a 200-h. p. electric hoist, and a 12-dnll Fianklin air-compiessor. The mine produced considerable ore, carrying mainly silver-lead values, under former ownership, and the present small production is concentrated at the mill of the Markham Gulch Mining Co.

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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: $100.00