Tybo-Dominion Mines, Inc. - Stock Certificate
Inv# MS1537 Stock
The last revival at Tybo started in 1926 when the Key stone-Hot Creek Mining Company purchased property in Tybo Canyon. The company leased this property to the Treadwell-Yukon Company, Ltd., which built a 350-ton concentration mill and a new smelter in 1929. The mill was soon processing more than 300 tons of lead ore daily. Another company, the Tybo Dominion Mines, Inc., also became active in the district, purchasing the Old Dominion and the Jumping Jacks claim groups. The company was incorporated in 1928 with Irving Farrington as president. Operations never really got off the ground, however, and the company quietly folded in 1929.
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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