Spokane Tin Mines Co. - Stock Certificate
Inv# MS1361 StockState(s):
Washington
Years:
19--
Unissued Stock printed by Spokane Litho. Co. Tin Hill named in vignette.
Address: Hyde Bldg., Spokane.
Officers: C. P. Robbins, pres.; Richard Marsh, v. p.. 1727 E. llth St., Spokane, Wash.: Chas. Theis, sec.-treas.. with W. J. C. Wakefield, director.
Inc., 1907, in Washington. Cap., $1,500,000; shares $1 par.
Property: 312 acres, 8 miles S. of Spokane, said to show tin and tungsten ore in pegmatite dikes in granite and schist. It was first worked in 1907, when a shaft was sunk 165', several hundred feet of work done, a little ore extracted, and the property closed down. Reported under 3-year bond and lease from 1918. for $75,000, to F. C. Bailey, of Spokane, who organized the Spokar.f Tin and Tungsten Co.
SPOKANE TIN & TUNGSTEN CO. WASHINGTON
Address: F. C. Bailey, 2107 Pacific St., Spokane. Wash.
Inc. 1918, in Washington. Cap., $1,500,000.
Property: a 3-year lease on the Spokane Tin Mines company's holdings near Spokane.
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.
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