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1913 Copper King Mining And Smelting Company

 

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Stock Code CKM1913

 
Company Copper King Mining & Smelting Company, incorporated in 1901. History
Description Certificate no. 2739  for 1,500 shares of capital stock. Ornate black border with vignettes of stag, and imprint of company seal.
Issued To James Howarth
Issue Date 1st July 1913
Company Officers
 J B Elliott President Printed  signature
 H W Ingalls Secretary Actual  signature
Size 27cm wide x 21 cm high

Framed Certificate Price : 70.00

Certificate Only Price : 25.00

A perfect personalised gift for someone who:

  • works or worked in the mining industry or
  • has the surname Howarth, Elliott or Ingalls
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History

The Copper King Mining and Smelting Company was incorporated on 13 August 1901. Its mine was located in the Lelande and Hunter Mining District in Shoshone County, Idaho, near the head of Deadman Creek, about four miles from the town of Mullan.

Copper King's Board of Directors changed often, but most of the business was transacted by H.W. Ingalls, secretary. In 1930 the company was sold to E.H. and W.B. Heitfeld, David Smith, F.M. Rothrock, and Henry L. Day, who became the mine manager. Jerome Day was also a company officer until his death in 1941.

Little ore ever came out of the Copper King, though reports to the stockholders were consistently optimistic: Something big lay just ahead and, with another assessment, would be revealed in the next phase of development. During 1917 the directors claimed that the main ore body had been found but the mine was not yet self-sustaining. The same year the board proposed construction of a small milling plant for the site; but abandoned the idea when cost estimates doubled. Work stopped for nine months in 1918-1919 because of the war, and the 1920 report to the stockholders confessed that exploration and overall ore production had been disappointing. Still, the board requested another assessment, and further assessments were levied throughout the 1920s.

Finally, in 1933, development efforts ceased and all of the mine's machinery was removed for storage at the Hercules Mill. In 1941 the Board briefly entertained the idea of putting the mine back into operation. Instead, in November 1943, Copper King stock was exchanged one share for three of King Mining Company.

Source: www.ws.edu

 

 

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