Rocky Mountain Goldfield Mining Co. - Stock Certificate
Inv# MS1967 Stock
Stock. The United States Congress passed an enabling act on March 3, 1875, specifying the requirements for the Territory of Colorado to become a state. On August 1, 1876 (four weeks after the Centennial of the United States), U.S. President Ulysses S. Grant signed a proclamation admitting Colorado to the Union as the 38th state and earning it the moniker "Centennial State".
The discovery of a major silver lode near Leadville in 1878 triggered the Colorado Silver Boom. The Sherman Silver Purchase Act of 1890 invigorated silver mining, and Colorado's last, but greatest, gold strike at Cripple Creek a few months later lured a new generation of gold seekers. Colorado women were granted the right to vote on November 7, 1893, making Colorado the second state to grant universal suffrage and the first one by a popular vote (of Colorado men). The repeal of the Sherman Silver Purchase Act in 1893 led to a staggering collapse of the mining and agricultural economy of Colorado, but the state slowly and steadily recovered. Between the 1880s and 1930s, Denver's floriculture industry developed into a major industry in Colorado. This period became known locally as the Carnation Gold Rush.
But this piece may be from Goldfield, Nevada. Goldfield is an unincorporated community and the county seat of Esmeralda County, Nevada. It is a census-designated place, with a resident population of 268 at the 2010 census, down from 440 in 2000. Goldfield is located 247 miles (398 km) southeast of Carson City, along U.S. Route 95.
Goldfield was a boomtown in the first decade of the 20th century due to the discovery of gold – between 1903 and 1940, Goldfield's mines produced more than $86 million at then-current prices. Much of the town was destroyed by a fire in 1923, although several buildings survived and remain today, notably the Goldfield Hotel, the Consolidated Mines Building (the communications center of the town until 1963), and the schoolhouse. Gold exploration continues in and around the town today.
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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