United Verde Extension Mining Company
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Product Details
Nicely engraved antique stock certificate from the United Verde Extension Mining Company dating back to the 1930's. This document, which is signed by the company Vice President and Treasurer, was printed by H. H. Brewer & Co. of New York and measures approximately 12" (w) by 8 1/4" (h).
This certificate features a vignette of an eagle on a crag.
Images
You will receive the exact certificate pictured.
Historical Context
In 1914, a separate company, the United Verde Extension Mining Company (UVX), led by James S. Douglas, Jr. (nicknamed Rawhide Jimmy), discovered a second ore body near Jerome that produced a bonanza. The UVX Mine, also known as the Little Daisy Mine, became spectacularly profitable: during 1916 alone, it produced $10 million worth of copper, silver and gold, of which $7.4 million was profit.
In 1918, the company built the Little Daisy Hotel in Jerome to serve as a boarding house for its miners. That year, the company built a smelter in its own company town near Cottonwood; the company town was named Clemenceau in 1920.
The mine remained profitable until the Great Depression, which caused copper prices to crash.
The company went out of business in 1938.
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.