United States Mining Co. - 1899 dated Mining Stock Certificate
Inv# MS1061C StockUtah
Stock and Transfer sheet with numerous and varying denomination revenue stamps. One 50 cents stamp on back of stock. Very nice of mining scene and another of female and eagle. Great elaborate title. Exceptional!!! Read more at https://utahrails.net/bingham/united-states-mining.php
Bingham Canyon was a city formerly located in southwestern Salt Lake County, Utah, United States, in a narrow canyon on the eastern face of the Oquirrh Mountains. The Bingham Canyon area boomed during the first years of the twentieth century, as rich copper deposits in the canyon began to be developed, and at its peak the city had approximately 15,000 residents. The success of the local mines eventually proved to be the town's undoing, however: by the mid-twentieth century, the huge open-pit Bingham Canyon Mine began encroaching on the land of the community, causing residents to relocate. By the 1970s, almost the entirety of the town had been devoured by the mine, and the few remaining residents voted to disincorporate and abandon the community. No trace of Bingham Canyon remains today. Read more at https://en.wikipedia.org/wiki/Bingham_Canyon_Mine
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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