Beautifully engraved certificate from the Prince Albert Mining Company
issued in 1896. This historic document was printed by the Western Banknote Company and has an
ornate border around it with an image of an Native American overlooking cliff and an allegorical figure. This item has the signatures of the Company’s President, R. J. Preston and Secretary, K. R. Babbitt and is over 117 years old.
The Official Manual of the Cripple Creek District, Colorado, U. S. A. - 1900
The Prince Albert Mining Company, Limited.
Incorporated October, 1895.
R. J. Preston, president; K. R. Babbitt, vice-president and treasurer; Directors R. C. Thayer, secretary; L. S. Thompson, H. K. Deverenx, Wm. A. Otis, A. E. Carlton.
Main Office—No. 5 Giddings building, Colorado Springs, Colorado.
3,000,000 shares. Par value, $1.00. In treasury January 1, 1900, Capitalization 485,000 shares; in treasury January 1, 1900, $ 2,000.00 cash.
Owns the Prince Albert, survey No. 8,883, containing 9.85 acres; the Property Beacon, 8.06 acres, and the Eureka, survey No. 8,161, 8.51 acres—all situated in the S. E. 1-4 section 25, on Beacon hill. All patented.
One large shaft house and steam hoist on block 12 of the Prince Al- Development bert. The property is divided into blocks of 300 feet square. Three blocks of the Prince Albert and three of the Beacon claim are leased. The development consists of 3,860 feet in drifts and cross-cuts, and about 740 feet in shafts, not including upraises and winzes. The greater part of work is being done on the Prince Albert and the Beacon.
Gross production to January 1, 1900, $500,000.00. The net value of Production ore mined during the year 1899 cannot be given, as all ore shipped has been mined by the lessees, and the profits have been expended in developing the underground workings.
The present holdings of the company resulted in a coalition of the History Ida Etheleen, Beacon, and Prince Albert Gold Mining Companies. The present condition of the mine is good. The lessees are shipping ore.
Highest price for stock during 1899, 7 3-4 cents; lowest price for stock during 1899, 4 3-4 cents.
History from Encyberpedia and
stock certificate research service)