Tuolumne County Water Co. - Stock Certificate

Inv# MS1067 Stock

State(s): California

Years: 1854-62

Columbia, California, Stock. Neatly cut cancelled with bit of tape at back. Beautiful sweeping vignette of mining scene. Superb Graphics! An important addition to any collection! Columbia was one of the richest California Gold areas in the center of the Mother Lode. Organized in 1851, the company’s main function was to support Columbia’s mining exploits with water that was transported via a ditch system. Financier D. O. Mills bought into the company heavily, which enabled the purchase of the Columbia Ditch. All of it was profitable through about 1860.

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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