Sold by William Reese Company, New York, NY, U.S.A.
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AbeBooks Seller since 13 July 2006
Seller rating 5 out of 5 stars
An exceptionally rare prospectus for the little-known Franklin Silver Mining Company incorporated in Philadelphia, but owning land near Central City, Colorado known then as "The Richest Square Mile on Earth." The prospectus contains assayer's reports on each of the properties owned by the company, which include parts of the Franklin, Mountain Lion, Waterloo, Covington, and Pine Tree lodes. To entice prospective investors to part with their capital, the president of the company, Brigadier General Franklin B. Fisher (previously the Chief Signal Officer of the United States) and his board of directors produced this prospectus in order to provide potential investors with glowing assay reports of the silver lodes that the company would mine, as well as statements and affidavits by responsible parties reassuring wary investors of the potential value of the lode. The report for the Franklin lode gives its location, its external geography, a description of the course the lode veins take, the make-up of ore retrieved, and its value. The reports for the other lodes the company proposed to mine include some of the same information, but not all of it since the lodes under discussion had not yet been fully developed at the time the prospectus was issued. The remaining portion of the prospectus is filled with letters and affidavits attesting to the quality of the Franklin lode from miners, mining engineers and a local lawyer in addition to excerpts from books and public ledgers. In a statement extracted from a book on Colorado mining, O.J. Hollister states that "I can think of no more safe or desirable investment" than the Franklin lode if it is "well managed." Not in Lingenfelter, Streeter or Wynar. This Central City mining prospectus is quite rare in the market and has few institutional holdings, with OCLC locating three copies - at the Library of Congress, the Denver Public Library, and Yale. OCLC 20168738, 54139078. Original printed lavender wrappers. ½-inch chip to head of spine, paper splitting along joints at spine ends, vertical crease in rear wrapper. Three ink marks in the shape of an "x" in margins of pp. 8, 12 and 14 from a previous reader. Overall, a very good copy.
Seller Inventory # 63346
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