-40%

NEW CASTLE RECLAMATION Stock 1912 New Castle, Utah. Escalante Desert Agriculture

$ 9.47

Availability: 100 in stock
  • Restocking Fee: No
  • Return shipping will be paid by: Buyer
  • Item must be returned within: 14 Days
  • Refund will be given as: Money Back
  • All returns accepted: Returns Accepted

    Description

    New Castle Reclamation Company. Stock issued August 31, 1912 at Salt Lake City. Incorporated in the State of Utah (“Consolidated”)
    . Embossed company seal lower left. Certificate
    No. 182
    was issued to
    George W. Middleton (company president)
    for 251 shares of capital stock ( per share). Company capital was
    0,000
    . Hand signed by company
    president George W. Middleton
    and
    secretary N. Porter
    . Certificate is about 8.5” x 11.” Black print with green overprint/underprint.
    Vignettes with a photo of an early steam-powered tractor, with “1908” printed beneath (upper left), and a photo of the company hotel in New Castle, Utah, with “1912” printed beneath (upper right).
    The New Castle Reclamation Company was formed in about 1912 in Utah to develop land in southwestern Utah for agricultural purposes. The land was located about 30 miles west of Cedar City, Utah, at the southern edge of the Escalante Desert, in Washington County at what became the town of New Castle in 1910. New Castle Reclamation built a hotel in New Castle in 1912 to bring prospective buyers, promoting the purchased land for agricultural development.
    New Castle Reclamation planned to build a canal to divert water from Pine Valley Canyon streams to the New Castle area for farming. The canal would flow around the nearby mountains to a reservoir they created in Grass Valley, over the mountain to the north of Pine Valley. Immigrant workers from China, Japan, Italy, Germany and other countries were employed by the company to dig the canal. It was a grand project but sadly it bankrupt most of the investors before it could be completed.
    New Castle Development Company was formed by several Utah investors, including company president George W. Middleton, and Thomas Willard Jones, one of the original agricultural developers of the area. Thomas Willard Jones was born in Cedar City, a son of early settler Lehi W. Jones, who received an engineering degree from the University of Utah and was one of the owners of the New Castle Reclamation Company. Willard operated the family cattle business at New Castle with his two sons Richard and Uriah.
    Condition:  Very Fine++
    , light folds, very minor creasing, no tears, light signs of wear/handling/toning (see photos),
    uncancelled.
    Printer:
    Goes.
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    RETURNS AND GUARANTEE
    :
    Buyer satisfaction and authenticity of certificate is guaranteed – returns are accepted with 14 days of purchase (buyer pays return shipping cost unless item received is not as described in this listing).
    All certificates are originals – no reproductions.