Stock Certificate of the New York and Austin Silver Mining Company - No. 172

NEVADA MINING

Publication Date: 1867
From Bauman Rare Books (Philadelphia, PA, U.S.A.)

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(NEVADA MINING). Stock Certificate of the New York & Austin Silver Mining Company, Austin, Reese River District, Nevada. No. 172. Austin, Nevada: New York & Austin Silver Mining Company, August 9, 1867. Folio, single leaf (measures 12 by 12 inches), printed stock certificate completed (and canceled) in manuscript, with interest coupons, stamps and seal attached. $2500.Original stock certificate for $500 issued in 1867 for the New York & Austin Silver Mining Company, completed and canceled in manuscript, with original seal and United States revenue stamp affixed and interest coupons intact. An attractive and unusual display piece.Formed in 1866 by a group of New York businessmen, the New York and Austin Silver Mining Company had a successful ten-year run in the Reese River District of Nevada. This canceled stock certificate gives ample evidence that the company, while recently formed, was a well-run business with tight controls and accountability brought about by a substantial capital investment and competent management. From the estate of the company s superintendent at the mine in Austin, Nevada, Edwin A. Sherman. Sherman (1829-1914), a native of Brocton, Massachusetts, worked for a series of newspapers before enlisting in the army during the Mexican-American War, where he assisted with the army newspaper American Flag. After the war he traveled to California in the Gold Rush, mining for a while before once again turning to writing and editing. After serving in a variety of local offices in California and Nevada during the 1850s and 60s, Sherman eaccepted the position of superintendent for the New York & Austin Silver Mining Company in 1866. He resigned in 1869 to take up a series of public offices in Nevada. He returned to San Francisco in 1877, spending his remaining years in the Bay area, contributing to local newspapers and magazines, especially on mining matters.Ink cancel marks across signatures and certificate, as expected, with offsetting from ink; dampstain along lower edge, affecting interest coupons only. An excellent item of memorabilia from the early days of Nevada silver mining. Bookseller Inventory # 68335

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Title: Stock Certificate of the New York and Austin...

Publication Date: 1867

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