ROCKY MOUNTAIN GOLDFIELD MINING CO. Stock 1905. St. Elmo, Chaffee Co, CO Sawatch

Description

The Rocky Mountain Goldfield Company. Stock issued April 11, 1905 at Denver, Colorado. Incorporated in the State of Colorado.
Embossed company seal lower left. Certificate
No. 43
was issued to
John Beattie
for 100 shares of capital stock ( per share). Company capital was
,000,000
. Hand signed by company
vice president W. M. Scott
and
secretary G. H. Lansford
. Certificate is about 8.5” x 10.5”. Black print with brown overprint/underprint. Mining vignette.
The Rocky Mountain Goldfield Mining Company owned several gold and silver mines in the Chalk Creek Mining District in Chaffee County, Colorado near the former mining town of St. Elmo in the Sawatch Mountain Range. The district is west of Buena Vista, Colorado
located in central Colorado roughly midway between Salida and the famous mining town of Leadville in the Upper Arkansas River Valley.
The mines and prospects of the Chalk Creek Mining District are distributed chiefly in three areas: Browns Creek area in the east; Baldwin Gulch area, 3 1/2 miles southeast of St. Elmo; and the largest and most important, a belt 1 1/2 mile to 2 miles wide and about 10 miles long that extends from the Continental Divide northeast across Chrysolite Mountain. Chrysolite Mountain rises on the south side of the Chalk Creek Valley in the Sawatch Mountains of central Colorado.
The Chalk Creek Mining District lies at the upper end of the Chalk Creek drainage above Mount Princeton Hot Springs. Gold was discovered in 1875 just west of St. Elmo and it wasn’t long after this discovery that the Mary Murphy Mine became the biggest gold producer in the area. By 1881, the town and the gold had attracted 2,000 residents. As more miners discovered gold, the town population continued to grow.
In December of 1880, the Denver, South Park and Pacific Railroad finally reached St. Elmo from Buena Vista. Within three years, there were approximately 50 producing mines in the area. In the early 1880s, St. Elmo had three hotels, five restaurants, a drugstore, and a schoolhouse. Rich with ore, the town was a base for the workers at the Mary Murphy Mine, an operation that produced more than million in gold and employed hundreds of workers.
The Mary Murphy Mine was in full-time operation from 1870 to 1925 during which time it produced more than 220,000 ounces of gold—worth .4 million at that time (over 0 million in today’s dollars) – as well as secondary silver, lead, and zinc.
Condition:  Very Fine++
, light folds, very minor creasing, no tears, light signs of wear/handling/toning (see photos),
uncancelled.
Printer:
(none noted)
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