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1900s
Guelph Mining & Milling Company Ltd. |
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Stock Code GMM1900 |
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Unissued certificate from the
1900's in this Kellogg, Idaho-based mining company. Black and gold
certificate in mint condition with small vignettes of
mining scenes. Black ornate border with company seal.
Certificate size is 27 cm
wide x 21 cm high (11" x 9").
A perfect personalised
gift for someone who:
- works or worked in the
mining industry
About This Company
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Framed Certificate Price : £80.00
Certificate Only Price : £35.00 |
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Company History
The first meeting of the Guelph Mining
and Milling Company was held in Wardner, Idaho, April 5, 1906. Present were
John Corby, William Boyle, Elmer E. Brooks, John W. Brooks, and John
Yarbrough. The certificate of incorporation was filed in the Shoshone County
Recorder's office on March 22, 1906, and in the office of the Idaho
Secretary of State on March 27. The lode claims included Syruna, Guelph,
Battle of Waterloo, Waterloo, and New Jersey, located in the Placer Center
Mining District of Shoshone County. Claims added around 1915 were the Arab,
Ute, Piute, Ridge, and Coyle Fractions.
The incorporators voted that shares
not allocated to the locators of the mine were to be withheld from the
market for five years. Jerry Culbertson of Kansas City was named official
broker for the company.
In 1907 the offices of the company
were changed from Wardner to Kellogg and the following directors were
elected: William Boyle, H.W. Hatfield, P. Albinola, A.E. Hemphill, and J.B.
Yarbrough. In May Elmer Brooks resigned as secretary-treasurer and was
replaced by Green Cline who resigned in December and was in turn replaced by
John Steffes.
In 1909 a new board of directors
consisting of Horace Banza, W.C. Boyle, J.F. Horsley, Gus Granberg, Ralph
Smith, and John B. Yarbrough was elected. The capital stock was increased
from 1,000,000 to 1,500,000 shares with a par value of $1.00. In 1912 the
decision was made to patent the five original claims.
By 1924 the board consisted of J.B.
Steffes, S.D. Lemieux, Alfred Coneybeare, B. Coyle, and William Voightlander.
In 1925 they voted that all work at the mine be discontinued, the pump and
motors be taken out, and a watchman posted. They also discussed Hercules
Mining Company's offer to lease, with option to purchase, the Guelph
property. The stockholders, meeting on March 16, voted to reject the
$100,000 offer.
In the fall of 1928 the directors
discussed a proposal by Frank M. Rothrock to organize a corporation to be
known as Ambergris Consolidated Mining Company, which would consist of the
property of the Ambergris, Honolulu, and Guelph companies. The directors
accepted the offer and the shareholders approved the deal. Records for the
shareholders meeting show that Rothrock held about 42% of the represented
shares.
In May 1929 the directors voted to
dissolve the company, and in June the shareholders agreed. The cash balance
on hand to be distributed was $1700.84.
Source: University Of Idaho |