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This Comstock-Keystone Mining Company Stock Certificate was issued to and signed by company president Paul W. Schwarz in 1954. Schwarz was the V.P. of the San Francisco Mining Exchange and the SEC brought an enforcement action against him for this very stock certificate! Issued in Carson City, Nevada. This stock certificate signed by Schwarz on the front and back.
Paul W. Schwarz was a Vice President and Chairman of the Governing Committee of the San Francisco Mining Exchange. In 1965 the SEC charged Schwarz and other Exchange Committee Members of failing to report from 1947 to 1961 their election as officers and directors of companies listed on the San Francisco Mining Exchange as well as the ownership of stock in those companies. Certainly a clear violation and conflict of interest at best.
The SEC said he failed to report the following positions and holdings:
- VP and Director of the Manhattan Gold Mines / 3,000 Shares of Stock plus the option purchase 55,000 shares
- Secretary, Treasurer and Director of Pony Meadows Mining Company / 5,000 Shares of stock
- Secretary, Treasurer and Director of Silver Divide Mines / 178,000 shares of stock and the sale of 51,350 shares
- Secretary, Treasurer and Director of Smuggler Mining Co. Ltd / 1,000 shares of stock
- President and Director of Comstock-Keystone Ming Company / 9,000 shares of stock plus the option to purchase 250,000 shares
The Comstock-Keystone Mining Company was incorporated in Nevada on April 7, 1933. The famous Comstock Lode was discovered in 1859 in Nevada by Henry Comstock. It was the first major silver discovery in the U.S. and created a silver rush in Nevada that lasted for decades.
All stocks and bonds on our site are guaranteed to be the genuine artifact and not reproductions. We guarantee the authenticity of each stock and bond we sell with a lifetime, money-back guarantee.
All stocks and bonds on this site are being sold as historical collectibles and do not represent any rights of ownership of the company indicated on the certificate. No transfer of ownership will be received and the certificate represents no intrinsic value other than as a collectible.
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