Golden Fleece Mining and Milling Company (New York)
incorporated in 1882
The Golden Fleece Mining and Milling Company (New York), probably already founded in 1879, but incorporated on April 22, 1882, in Tompkins County, New York, with a capital of $1,000,000, was a San Francisco Stock and Exchange traded mining company.
The company operated several mining sites, including at Deadwood, Placer County, California, after driving a three thousand foot tunnel, the Golden Fleece Tunnel, and one mine near Georgetown, Clear Creek County, Colorado, The company reportedly also held some interests in gold mining in Cave Creek, Arizona.
In September 1892, George W. Peirce, the company's treasurer, bought the Golden Fleece Mine in Colorado for $50,000 (~$1.56 million in 2024). During that year the company seems to have raised its capital basis to finance its expansion. Probably the new capital stock of $600,000 (~$18.7 million in 2024) was organized under another company, which was incorporated in Iowa in 1893, under the same name of Golden Fleece Mining and Milling Company (Iowa).
Management
George W. Peirce was secretary and treasurer of the company. Peirce was also secretary of Golden Fleece Mining and Milling Company (Iowa) in 1893.
John Owen Marsh, born March 21, 1829, in McLean, died on August 1, 1884, was chosen president of the Golden Fleece Mining and Milling Company since April 1884. But his fortune as president of the company did not last long. An excerpt of the Daily Democrat from August 4, 1884, reads:
"ITHACA IN MOURNING. Death of the Well-Known Merchant, John O. Marsh:
….
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This entry incorporates text from “Golden Fleece Mining and Milling Company (New York)” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.