The Montezuma Copper Mining Company of Santa Fé, New Mexico was incorporated (1861) in the American

Territory of New Mexico The Territory of New Mexico was an organized incorporated territory of the United States from September 9, 1850, until January 6, 1912. It was created from the U.S. provisional government of New Mexico, as a result of '' Nuevo México'' becomi ...

for the purpose of mining precious metals, industrial metals, and coal in the counties of Santa Ana, Santa Fé,

San Miguel San Miguel, Spanish for Saint Michael, may refer to: Places Argentina *San Miguel Partido *San Miguel, Buenos Aires * San Miguel, Catamarca * San Miguel, Corrientes * San Miguel, La Rioja *San Miguel Arcángel, a Volga German colony in Adolfo Al ...

, and Rio Arriba.

Corporate history

The Montezuma Copper Mining Company of Santa Fé, New Mexico was incorporated in the New Mexico Territorial Legislature on Jan 26, 1861, prior to the beginning of the

American Civil War The American Civil War (April 12, 1861May 26, 1865; also known by Names of the American Civil War, other names) was a civil war in the United States between the Union (American Civil War), Union ("the North") and the Confederate States of A ...

. Corporate members were: Oliver P. Hovey, Anastacio Sandoval, Hamilton G. Fant, Tomás Cabeza de Baca,

Ceran St. Vrain Ceran St. Vrain, born Ceran de Hault de Lassus de Saint-Vrain (May 5, 1802 – October 28, 1870), was the son of a French aristocrat who emigrated to the Spanish Louisiana in the late 18th century; his mother was from St. Louis, where he was born ...

, Nicolas Pino, A. P. Wilbar, Francisco Lopez, S. J.

Spiegelberg Spiegelberg is a municipality in the Rems-Murr district of Baden-Württemberg, Germany. History Spiegelberg's name originates from a glassworking manufactory built in 1699-1700 that produced mirrors from 1705 to 1794. The municipality started w ...

José Manuel Gallegos José Manuel Gallegos (October 30, 1815 – April 21, 1875) was a delegate to the U.S. Congress from the Territory of New Mexico. Biography Born in Abiquiú, in what is now Rio Arriba County, New Mexico, Gallegos attended parochial schoo ...

, H. B. Sweeny, Mateo Sandoval,

Joseph Seligman Joseph Seligman (November 22, 1819 – April 25, 1880) was an American banker and businessman who founded J. & W. Seligman & Co. He was the patriarch of what became known as the Seligman family in the United States and related to the wealthy Gug ...

, Felipe Delgado, Levi

, Francisco Montoya, Richard Jenkins,

José Guadalupe Gallegos José Guadalupe Gallegos (April 13, 1828 – May 18, 1867) was a Hispanos, Hispano New Mexico, New Mexican military leader, county sheriff, rancher and politician. In 1854 he served as brigadier general in the volunteer Mounted Militia of New ...

, Edward Wise, Andrés Sandoval, George C. Miller, Francisco Sandoval, M. Ashurst, Juan María Baca, Gabriel Rivera, William A. Street, José Pablo Gallegos, James Hubbell, Felix Garcia, James L. Collins, José Leandro Perea, John S. Watts, Faustin Baca y Ulibarri, Miguel Sena y Romero, and Sidney A. Hubbell.New Mexico Commission for Compilation of the Laws,
Local And Special Laws Of New Mexico. In Accordance With An Act Of The Legislature, Approved April 3, 1884.
' (1885) Ch. 7, pp.730-734 The initial capital stock value was $500,000. The Spiegelberg brothers were also associated with the Willison Mining Company, as members of the board of directors, in 1872. It has been reported that Lehman Spiegelberg may have acquired the San Marcos Pueblo grant because of his interest in copper mining. It has been written that the Spiegelbergs were probably familiar with Indian agent William F. M. Arny's reports and newspaper articles on minerals in the area following his 1868 travels through

Ute Ute or UTE may refer to: * Ute people, a Native American people of the Great Basin * Ute Indian Tribe of the Uintah and Ouray Reservation, Utah * Ute Mountain Ute Tribe, Colorado, New Mexico, and Utah * Southern Ute Indian Tribe of the Southern ...

-controlled Tierra Amarilla, where he came into contact with mining parties. (Arny also served as Territorial secretary under governor

Henry Connelly Henry Connelly (1800–August 12, 1866) was Governor of the New Mexico Territory during the American Civil War. He was appointed by President Lincoln and served from September 4, 1861, until July 6, 1866. During his term, the territory broke int ...

, for whom he served as acting governor for about half a year between 1862-3, during Connelly's illness.) Indian agents served as active promoters for mining development in New Mexico. In 1863 Richard Jenkins, chief engineer of the operation, published the ''Report of the Montezuma Copper Mining Company of Santa Fe, New Mexico''. Gilbert E. Currie listed the operation as follows in 1864: Capital $1,500,000. President: Ephraim Marsh; Vice President, B. G. Clarke; Secretary and Treasurer, David S. Dodge; Chief Engineer, Richard Jenkins; Directors, Ephraim Marsh, Benjamin G. Clark, Jos. H. Scranton, John T. Flanagan, Charles W. Keiser, Th. Dickson, Selden F. Scranton.Gilbert E. Currie, ''The American Mining Gazette and Geological Magazine''
Vol.1
(1864) p.78

Incorporation document

An Act to Incorporate the Montezuma Copper Mining Company of Santa Fé, New Mexico. ''Approved January 26, 1861. ...Be it enacted by the Legislative Assembly of the Territory of New Mexico:'' Sec. 1. Montezuma Copper Mining Company of Santa Fé incorporated. Sec. 2 Powers and objects stated. Sec. 3. Capital Block limitation. Sec. 4. Officers, duties, and election; stockholders to vote how. Sec. 5. Assessments as determined by law.
Sec. 6. Quorum, what constitutes. Sec. 7. Stock certificates, issue and transfer. Sec. 8. Sales of stock authorized for delinquent assessments. Sec. 9. Roads, authority to make. Sec. I0. Forfeit of charter when. ...
Sec. 2. The said company shall have power in any lawful manner, whether by purchase, lease, donation, or license, to acquire, own, possess, use and enjoy any real or personal estate in the counties of Santa Ana, Santa Fé, San Miguel, and Rio Arriba, in the said Territory, and on and with the same to carry on and conduct the business of mining for copper, lead, gold, silver, tin, iron, or coal; and such real or personal estate, or any part or products of the same, to sell, lease, exchange, or in any other lawful manner to dispose of. Sec. 3. The capital stock of said company shall consist of the sum of five hundred thousand dollars, or five thousand shares of one hundred dollars each; and the said company shall have the right and power to increase the said stock to the gross sum of fifteen hundred thousand dollars, or fifteen thousand shares of one hundred dollars each. Sec. 4. ...That for the purpose of the first election, and for the discharge of other general business, the said stockholders shall hold their first meeting at Santa Fé, in said Territory, on the last Thursday of January, A.D. 1861, and in such first election each stockholder shall (in person, or by proxy in writing) be entitled to cast one vote for each share of stock by him subscribed and holden. ...
Sec. 6. That in every meeting of the stockholders of said company, such a number of stockholders present, in person or by proxy, as shall own or represent one-half of the whole capital stock, shall be sufficient to constitute a quorum to do business: ''Provided,'' that the said company may by its by-laws limit the powers of such quorum or require a larger representation of the capital stock for particular purposes in such by-laws to be defined. ...
Sec. 8. That when any stockholder of said company shall fail or refuse to pay any call or assessment required of him in conformity with the by-laws, rules or regulations of said company, it shall be lawful for the said company, through its officers or agents, to sell the stock of such defaulting stockholder, or so much thereof as shall be sufficient to make good such defalcation and all expenses; such sale to be made in such manner and after such notice as may be prescribed in such by-laws, rules or regulations; and the secretary of said company shall be authorized to transfer on the books of said company the stock so sold, to the purchaser thereof. Sec. 9. The said company shall be and hereby is empowered to construct roads to and from any of its mines or lands, over lands belonging to said corporation or lawfully in its possession, and over any public lands or lands, not belonging to other individuals or corporations; but not over lands belonging to such other individuals or corporations except with their consent: ''But, provided further,'' that in any case where the said company shall have constructed their roads on or across any lands which were public at the time of such construction, and such lands shall be subsequently acquired by other persons, then such other persons shall take such lands subject to the right of way of said company along such roads. Sec. 10. That in case the said company shall not, on or before the 31st day of December, A.D. 1862, have duly organized in conformity with the powers granted to it by this act, then it shall be considered to have forfeited each and all of the powers, privileges, rights and immunities granted to it by this act. Sec. 11. This act shall be in full force and take effect from and after its passage.

Footnotes

{{DEFAULTSORT:Montezuma Copper Mining Company Of Santa Fe, New Mexico 1861 establishments in New Mexico Territory Copper mining companies of the United States Companies based in New Mexico New Mexico Territory