Beautifully engraved antique stock certificate from the War Eagle Consolidated Mining Company dating back to the 1910's. This document, which is signed by the company President and Treasurer, was printed by the Franklin-Lee Bank Note Company and measures approximately 11 1/2" (w) by 7" (h).
This certificate's vignette features an eagle on a crag.
You will receive the exact certificate pictured.
As early as 1868 an effort was made to organize and drive a production and drainage tunnel from the side of War Eagle Mountain (located 70 miles southwest of Boise, Idaho) to reach the targeted veins far below the mines near the summit. The project was not pursued for over thirty years.
Late in the 19th Century the War Eagle Consolidated Mining Company was organized in Connecticut to explore the Oro Fino/Golden Chariot vein system on War Eagle Mountain at great depth.
In 1899 the Sinker Tunnel (actually an adit, having only one portal) was started on the Northeast slope of the Mountain above Sinker Creek and driven toward the veins at a point below the Ida Elmore and Golden Chariot Mine shafts. The tunnel portal is more than 2,000 feet below the shaft collars. In 1902 the Oro Fino-Golden Chariot vein was reached deep inside the Mountain.
Exploratory work was done and a “raise” (vertical shaft driven from below) was started from the Sinker Tunnel level up towards the “sump” of the Ida Elmore shaft. Piper and Laney's report for the State of Idaho in 1926 describes the subsequent development of the Sinker Tunnel Complex.
"Apparently, adequate survey had not been made to determine the position of the adit with respect to the base of the old shaft. Subsequent operations were a blind groping for the old workings above."
In 1905, when the raise had been pushed to a height of 622 feet [above the level of the Sinker Tunnel], it was pronounced unduly hazardous by the State Mine Inspector, and further work was ordered suspended until the hazards were removed. At this time the top of the raise must have been about 400 feet below the bottom of the Ida Elmore shaft, and only 150 feet, or thereabouts, below the Golden Chariot, although their relative positions in the horizontal plane was not determined.
Shortly afterward the enterprise was suspended without further work.
In the 1920s a lease on the project was acquired by the Sinker Tunnel Mining Co., of Nampa, Idaho