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

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.
PAYMENT AND SHIPPING
Please read certificate d
escription details shown above before bidding.
Please contact me with any questions before bidding.
Payment by PayPal
and accepted credit cards
only.
Shipping within the U.S. is by USPS First Class Mail (.00 for packages weighing 13 ounces or less) – shipping for packages weighing over 13 ounces will be shown on your invoice. If another shipping method is requested, a revised invoice will be sent. International buyers need to wait for my invoice before paying.
Combined shipping cost will be offered for multiple items won – please wait for invoice before paying, or if specific shipping method or insurance is requested.
Multiple items will be shipped together in one package; large stocks and bonds may be shipped folded along existing fold lines.
All packages will be shipped with certificates placed in plastic sleeves with cardboard backing and marked “Do Not Bend”.
I do not profit on shipping costs charged.
Items typically shipped within two days of payment.
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.