Vintage 1946 Dayrock Mining Co Stock Certificate Book Idaho — 250 Certificates — Consist of share certificates #5001 to 5250 — All Certificates are cancelled — 16.5″ x 9″. There’s wear throughout. Please see detailed photos. The Dayrock Mining Company, eventually to become one of the main producers of lead and silver for the Day interests, was originally incorporated November 30, 1923, under the name of Stratton Mines Company for the purpose of acquiring and operating mining property and a millsite held by Stratton & Stratton, a partnership. Apparently the Days and their associates were the major stockholders from the start, owning over a third of the outstanding shares. The original directors of Stratton Mines Company were Jesse Freeman, president; William J. Stratton, secretary; and James A. On February 14, 1924, the board membership was increased from three to five and Jerome J. Day and Frank M. Rothrock elected to fill the new vacancies. On January 6, 1925, William J. Stratton was replaced on the board by James J. Murphy who died in the following year and was succeeded by John Wourms on May 1, 1926. Day replaced Wayne on May 13 of that year and F. Wallace Rothrock succeeded Freeman, the last of the original directors, on November 21, 1927. Thus by 1928 Strattons Mines Company no longer had any connection with William J. Stratton or the Stratton & Stratton partnership, except as a business rival, and a special meeting of the Stratton Mines Company directors held on October 3 resolved to change the name of the firm to the Dayrock Mining Company. The Dayrock mine was located in the Placer Center mining district on the west side of Nine Mile Gulch, approximately three miles north of Wallace, Idaho. Profits were great enough to offer five dividends of about three cents per share between 1928 and 1932, when low metal prices during the Great Depression halted ore production. In 1935 the board of directors decided to restart the mine and levied an assessment of. 006 mills per share, but within a year the Dayrock was again making large profits and sent to its stockholders a dividend of two cents per share. Between 1936 and 1947 Dayrock stockholders received four more dividends for about two and one-half cents per share each. Every item we sell is guaranteed to be genuine. ITEM(S) EXACTLY AS SHOWN IN THE PICTURES. PLEASE SEE ALL PICTURES FOR FULL ITEM CONDITION AND DETAILS. This item is in the category “Coins & Paper Money\Stocks & Bonds, Scripophily\Mining”. The seller is “ernestreyes” and is located in this country: US. This item can be shipped worldwide.
- Circulated/Uncirculated: Circulated
- Type: Stock
- Country/Region of Manufacture: United States