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Austin Manhattan Consolidated Mining Company

$29.00

SKU: 7597
Product Details

 

Beautifully engraved antique stock certificate from the Austin Manhattan Consolidated Mining Company dating back to the early 1900's. This document, which is signed by the company President and Treasurer, was printed by the Western Bank Note Company and measures approximately 14" (w) by 9 1/2" (h). 

 

The vignette on this piece features the company's Austin mill.

Images

You will receive the exact certificate pictured.

    Historical Context

    The Austin Manhattan Consolidated Mining Company was incorporated in Nevada and was based in Austin.

     

    The company was a consolidation of 164 developed mines, over 100 of which were located on Landerhill, back of the Town of Austin. Previous to the consolidation, these properties had a recorded production of about $50,000,000. The great trouble in the operation of these mines, however, was the fact that the charges for carrying the ores to the smelter and the costs of smelting Itself were too high to permit of getting the best results which only could be derived frcm combination.

    The Austin-Manhattan Consolidated Co. was organized, therefore, for the purpose of consolidating these properties so that they might be more economically worked.

     

    However the company fell on hard times in 1914 and went into receivership.