Melrose Mining Co. - Stock Certificate - Mining Stocks
$ 73.4
Description
Stock printed by Goes. MELROSE MINING CO. WASHINGTON Address: Boundary, Washington. Officers: Jos. Cohn, pres.; O. M. Mathews, v. p.-mgr.; Sam Edelstein, sec.-treas., with J. W. Smyser, and F. M. Nudell, directors. Inc. February, 1918, in Washington. Cap., $500,000; SOc par; issued 275,000 shares. Property: 2 claims, including the Maple Leaf mine, near Boundary, Stevens county. The vein, encased in schist, dips 45 E. and carries shoots of copper and lead ore; one 40' long, is 8' wide, carries ore averaging $100. Development: by 1,000' tunnels to depth of 750', with 2,000' of workings. Reserves aggregate 2,000 tons of $20 ore. Ore shipped in 1919 averaged $98 per ton, with value of $8,000. Item ordered may not be exact piece shown. All original and authentic.
