Oro Fino Gold and Silver Mining Co. - $1,000 Bond
Inv# MB5014 Bond
$1,000 7% Bond payable in Gold or Silver. Printer-Ferd Mayer & Co. Lithographers-NY. Has 8 out of 9 coupons. Great!!! Very Rare!!!
Oro Fino Gold & Silver Mining Company
California. Inyo County. Chrysopolis Mining District. Incorporated in California. Signed by Wm. S. Corwin president and Miles Hadson secretary. Vignette at top center of a variation of the California State Seal with mining and forest scene surrounding. Vignettes at each edge. Ornate black border. Green underprint. Blue 50 cent revenue attached at lower left corner. “…situated in Tulare County, State of California, consisting of the Oro Fino, Mammoth, Knickerbocker and Chrysopolis lodes and two cross lodes situated near Owen’s River in the Inyo Mining District, Tulare County, State of California, and seven hundred acres of land situated in said mining district, also the Town Site of Chrysopolis, in the immediate vicinity of said lodes…” printed within the text on the bond. Chrysopolis is listed under Aberdeen in California’s Geographic Names (Durham, p.1143). “A mining camp called Chrysopolis flourished briefly in the 1860’s on the east side of the Owens River south of Aberdeen. Postal authorities established Chrysopolis post office in 1866 and discontinued in 1867.” I think it is safe to assume that the company was very short lived. Rare.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
Ebay ID: labarre_galleries