Wilbur Mining Company, Limited
Wilbur Mining Company, Limited
- In stock
- Inventory on the way
Product Details
Intricately engraved antique stock certificate from the Wilbur Mining Company, Limited dating back to the early 1900's. This document was printed by Goes and measures approximately 11" (w) by 8 1/2" (h).
This certificate features a great vignette of a detailed mining scene. An underprint of allegorical Justice appears at the bottom center.
Images
The images presented are representative of the piece(s) you will receive. When representative images are presented for one of our offerings, you will receive a certificate in similar condition as the one pictured; however dating, denomination, certificate number and issuance details may vary.
Historical Context
The Wilbur Mining Company, Limited was founded on November 24, 1906 in Wallace, Shoshone County, Idaho and was in operation from 1906 until 1930 when it was taken over by the Western Union Mining Company. The incorporators were Allen J. Olson, Peter O. Swanson, John J. Hougs, John Mickels, Olaf M. Peterson and Fred Johnson. These six men, along with Otto A. Olsson, and D.E. Wherry, represented, at different times, the five board of directors from 1906 to 1912. During this time the Wilbur mine was listed and functioned as a non-producing mine.
The primary function of the Wilbur Mining Company was to develop and operate mines and mining property. This included mining, milling, smeltering, manufacturing and selling ore retrieved from the mine. Ores were to include: copper, iron, gold, silver, zinc and lead.
From its beginning in 1906 until 1912 the only recorded actions by the Wilbur Company included the selling of capital stock at a value of one dollar per share and four assessments levied on that capital stock. Between the years of 1912 and 1923, the Wilbur Mining Company made no recorded actions. In 1923 a new set of directors took over: Carlton Fox, E.F. McKechnie, H.O. Solum, Ommie Solum and Otto A. Olsson. Throughout the next seven years the board of directors also included, at one time or another, Harry W. Marsh, H.J. Steuart, H.H. Miller and A.T. Jenkins.
The new board of directors lowered the value of the capital stock to twenty-five cents a share. They also purchased six claims from Herbert C. Solum for one dollar in January of 1924, and leased tunnel No.3 from the Western Union Mining Company for 300,000 shares of treasury stock. Besides these large business actions, yearly assessments were made on the capital stock.
In 1930, the Western Union Mining Company, which owned two thirds of the Wilbur stock, approached Wilbur Mining Company and requested the transfer of all property to their company. On October 2, 1930, the Wilbur Mining Company transferred all property to the Western Union Mining Company and was on that day dissolved as a mining company.
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.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping Information
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.
