1922 National Copper Mining Co Lmt Stock and 50 similar items
1922 National Copper Mining Co Lmt Stock Certificate Book Idaho 80 Certificates
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View full item details »
Shipping options
Offer policy
OBO - Seller accepts offers on this item.
Details
Return policy
Purchase protection
Payment options
PayPal accepted
PayPal Credit accepted
Venmo accepted
PayPal, MasterCard, Visa, Discover, and American Express accepted
Maestro accepted
Amazon Pay accepted
Nuvei accepted
Item traits
Category: | |
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Quantity Available: |
Only one in stock, order soon |
Condition: |
Unspecified by seller, may be new. |
Circulated/Uncirculated: |
Circulated |
Country/Region of Manufacture: |
United States |
Type: |
Stock |
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Shipping discount: |
Shipping weights of all items added together for savings. |
Posted for sale: |
More than a week ago |
Item number: |
1721605711 |
Item description
Antique 1922 National Copper Mining Co Lmt Stock Certificate Book Idaho Mining -- Approx 80 Certificates -- Consist of share certificates #3306 to 3395 -- All Certificates are cancelled -- 15" x 8.5" -- Not a complete Stock booklet, as numerous stocks have been removed or never placed in the booklet --
In good condition. There's wear throughout. Please see detailed photos.
The National Copper Mining Company was incorporated in 1906 in the Hunter Mining District, Shoshone County, Idaho. Its claims consisted of the Victor, Victor #2, Bull Frog, Bill #1, Bill #2, Mabel May, Little Bert, and Nellie lodes, and the Mabel May millsite. The first board of directors included D.E. Keys, president; A.P. McRae, vice president; M.J. McHugh, secretary-treasurer; F. Cushing Moore and W.F. Nichols. The board appointed Charles McKinnis the first general manager.
Stockholders were saddled with 18 assessments during the life of the company. The assessments were levied to cover debts, develop the property, or purchase other claims. Mining operations were shut down in 1920 after steadily declining production, and the corporation's charter was forfeited in 1925. Following the 1920 shutdown, National Copper stockholders urged the board of directors to utilize corporate funds in the development of the Homestake property. Members of National Copper's board of directors had been interested in a takeover of Homestake since 1916, and so in 1921 acquired a controlling interest in Homestake Mining Company with 700,000 shares. National increased its holdings to 1,238,955 shares in 1942.
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