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1905 BULLFROG APEX MINING & MILLING CO. Stock Certificate Frog Vignette! Nevada
$ 10.55
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Description
This auction is for:1905 Bullfrog Apex Mining and Milling
Company Stock Certificate
Legendary Bullfrog mining district in Nevada. Fantastic stock with a bullfrog vignette on the front! Also a nice vignette on the reverse. Unissued, in crisp clean condition! See company history below:
Bullfrog Apex Mining and Milling Company
– Incorporated on August 4, 1905, by a by a group of promoters headed by J.J. Fagan and E.L. Andrews, the company promoted itself as the owner of 15 claims, only one of which was ever worked — the North Bullfrog. But, there was a problem with the North Bullfrog claim as it intruded into the boundaries of the Delaware claim of the West Extension Company. Though the Apex Company knew about these conflicting boundaries when the North Bullfrog claim was filed, they forged ahead anyway. Work on the Apex ground started in the fall of 1905.
In a race for other nearby companies, the Apex encountered encouraging ore values and stock sales were adequate. Confident in their claims, the promoters were confident enough that they decided to apply for a patent, which resulted in the West Extension Company to file a lawsuit against Apex. Though the dispute was tied up the courts, both companies continued to develop shafts and tunnels. But, when the Apex Company uncovered a vein of gold assaying 1 to the ton, the question was settled, and the legal battle intensified. With all the news of the legal battles, Apex suffered in the stock market and by May 1906, its stock had fallen completely off the trading board. In the end, the Apex company lost their contest on the disputed ground and soon went out of business.
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RETURNS AND GUARANTEE
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Buyer satisfaction and authenticity of certificate is guaranteed – returns are accepted with 14 days of purchase (buyer pays return shipping cost unless item received is not as described in this listing).
All certificates are originals, I do not sell reproductions. Stocks may have pinholes, tears, etc. Certificate shown is exact certificate you will receive, we don't use stock photos. Stock certificates may give paper cuts, use care when handling. Stock certificates are sold as collectibles only, no actual market value is to be expected.