Beautiful certificate from the Midas Silver Mining Co
issued in 1867. This historic document has an
ornate border around it with a vignette of workers in a mine and an allegorical woman, and a Civil War era IRS stamp. This item has the signatures of the Company's President, George L. Trask and Secretary, B. J. Sway and is over 144 years old. Incorporated in New York. Red seal residue on back of certificate behind right vignette.
Harpers Magazine 1866
An important step toward the encouragement of investments from the East was made in September, 1864, by the Midas Silver Mining Company, of New York. Colonel J. V. Robbing came over to Reese as agent of the Company, and commenced the erection of a large mill on the left side of the old Telegraph Cnfion, about three miles distant from Austin.
In three months and nine days it was completed and in running order. The building is of brick, with a handsome brick smoke-stack, and contains a battery-room with fifteen stamps; an amal- gamating-room, with eight Freiberg barrels and the necessary pans, separators, retorting furnaces, etc., and a large roasting-chnmbcr, with the best fire-brick furnaces, all admirably arranged for convenience of access and economy of labor. The Midas Mill is, in all respects, one of the most perfect establishments of the kind in the State of Nevada.
The machinery is of the latest nnd most approved kind, and works with wonderful steadiness and precision. It is no unusual thing to crush, roust, and amalgamate ten tons of rock per day. Under the careful management of Colonel Robbins, the result has been an average yield of $300 to $400 per ton of first-class ores; $150 to $200 of second-class; and $80 to $100 of third-class.
The Midas Company own several valuable ledges in the vicinity, chief among which is the Midas, situated near the entrance to Yankee Blade Caflon. The yield of this mine has of late been such as to give great confidence to mining enterprises in this region. Already the Company have declared a handsome dividend ; and the probability is, still larger dividends will be declared during the present year.
The success of the Midas Company's operations has demonstrated the value of good mill and mining property.
Harpers Magazine 1866