Utah Construction and Mining Co. - 1956 Specimen Stock Certificate
Inv# SE2319A Specimen Stock
Delaware
Utah
Specimen Stock printed by Security-Columbian Banknote Company. The Utah Construction Company was a construction company founded by Edmund Orson Wattis Jr., Warren L. Wattis and William. H. Wattis in 1900. A short four years after its founding, the company was awarded the contract to build the Feather River train route between Oakland and Salt Lake City. This $60 million contract was challenging, but after five years, very profitable. The Feather River route was completed for the Western Pacific Railroad in 1911. The Utah Construction Company thrived and soon captured a large share of the tunneling, grading, and track projects for the rapidly expanding railroads in the mountain west. Seeing the end of railroad expansion, the Wattis Brothers looked for ways to diversify their construction risks.
In the 1950s, Utah Construction diversified into mining, becoming the Utah Construction & Mining Co. These ventures included the Marcona iron mine in Peru, the Lucky Mc uranium mine in Wyoming, and the Navajo coal mine and power plant in the Four Corners area of the United States southwest. Read more at https://en.wikipedia.org/wiki/Utah_Construction_Company
Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firm’s products. These are usually marked "Specimen" and have no serial numbers.
Ebay ID: labarre_galleries