Stockholders Report with Maps - 1916 dated Booklet - Mining Ephemera
Inv# MS1198 Stock
Nevada
24 pp Stockholders report of 4 mining companies on the Comstock Lode: Savage Gold & Silver Mining, Hale & Norcross Mining, Chollar Mining, and Potosi Mining. Published in San Francisco by the Directors of the 4 mines. Includes detailed colored maps. VERY RARE!!
The Comstock Lode is a lode of silver ore located under the eastern slope of Mount Davidson, a peak in the Virginia Range in Virginia City, Nevada (then western Utah Territory), which was the first major discovery of silver ore in the United States and named after American miner Henry Comstock.
After the discovery was made public in 1859, it sparked a silver rush of prospectors to the area, scrambling to stake their claims. The discovery caused considerable excitement in California and throughout the United States, the greatest since the California Gold Rush in 1849. Mining camps soon thrived in the vicinity, which became bustling commercial centers, including Virginia City and Gold Hill.
The Comstock Lode is notable not just for the immense fortunes it generated and the large role those fortunes had in the growth of Nevada and San Francisco, but also for the advances in mining technology that it spurred, such as square set timbering and the Washoe process for extracting silver from ore. The mines declined after 1874, although underground mining continued sporadically into the 1920s. Read more at https://en.wikipedia.org/wiki/Comstock_Lode
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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