Tom Reed Gold Mines Company

Name

:

Tom Reed Gold Mines Company

Country

:

United States

Location

:

Arizona

Capital Stock

:

$ 1.000.000

Shares each

:

$ 1

History

:

The Tom Reed Gold Mines Company was a mining company incorporated in the Arizona Territory in 1906. The company was organized by California investors in response to the discovery of gold in the area around Oatman. The company purchased a claim on what is now known as the Tom Reed vein and in 1908 began production of high grade ore. The mine was initially successful, producing millions of dollars in gold and silver ore. In response to this success, the company invested a large sum of money creating a stamp mill on site, powered by water piped four miles from Cottonwood Canyon. An electric generator was also installed which provided electricity to Oatman as well as the mine. Despite several attempts to extract ore from various promising locations, the Tom Reed vein remained the company’s only real success. By the 1920’s the company struggled with diminishing ore and had opened its mill to other companies. However by 1930 the company’s mine was not producing ore and in March 1932 the mine was closed. The company continued on until 1939 when it was formally shut down. In the late 1950s the Sawyer Exploration Company took over and reactivated the company renaming it the Sawyer Petroleum Company. All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. You will receive the exact certificate pictured.