Description: Normal 0 false false false EN-US X-NONE X-NONE Up for consideration is The Yuba Construction Company stock certificate from 1912: #52 Issued to Keystone Dredging Company for 133 shares on January 5, 1912 Signed by W. P. Hammon as president and A. E. Beynton as secretary Incorporated in California Capital stock of $1,000,000 Printer: Britton & Rey, San Francisco. Punch and stamp cancelled Certificate in good condition Vignettes with a large river dredge, top, and a fabricating shop with workers constructing a dredge, bottom. The Yuba Construction Company was founded by Wendell P. Hammon in 1906 as a manufacturing company that built large multi-bucket gold dredges, originally for use on local large-scale placer gold mining operations on the Yuba River and Feather River. Hammon used many of these dredges at his own Yuba Consolidated Gold Fields Company (founded by Hammon in 1904) mining sites on the Yuba River, and he sold his dredges to many different mining companies around the world. Gold dredging in California began in 1850 when a small river boat was fitted out as a dredge and gravel mining was attempted above Marysville, California on the Yuba River. The first successful ‘bucket-line’ gold dredge in California was built in 1898 by Butte County resident Wendell P. Hammon, the "Dredger King," and his partner, Thomas Couch, a Montana mining businessman. This first model and those that followed consisted of a floating hull, a digging ladder, an endless chain of buckets, screening apparatus, gold-saving devices, pumps, and a stacker. The “California dredge” was developed from models used earlier in New Zealand and in Montana, proving to be much more efficient than earlier one-bucket attempts. W. P. Hammon was instrumental in founding the Yuba Construction Company in 1906, by purchasing the Western Engineering Company and merging it with his own steel from a casting foundry in Marysville. Four large machine shops were built near Oroville, California to maintain and build the dredgers. Hammon also founded the Yuba Consolidated Gold Fields Company on the Yuba River in 1904. This company became a large, profitable placer operation, a proving ground for new dredge designs and a training ground for dredge operators and others in this global industry. As many as 50 dredgers worked in the Feather River/Yuba River drainage at one time. The Yuba Construction Company changed its name to the Yuba Manufacturing Company and later became a subsidiary of the Yuba Consolidated Gold Fields Company. In 1957 these companies merged into Yuba Consolidated Industries. Yuba Construction Company dredges have been built and shipped from California to worldwide markets during the first half of the 20th century. These "gold boats" were shipped in pieces and assembled where the mining would take place. Locations included the countries of Malaya, the Philippines, Bolivia, Columbia, China, and Russia.
Price: 39.95 USD
Location: River Forest, Illinois
End Time: 2024-08-31T17:30:43.000Z
Shipping Cost: 4.5 USD
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Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Type: Stock
