Finding aid to the Virginia Ores Corporation Stock Issue Books

JONES MEMORIAL LIBRARY
2311 MEMORIAL AVENUE
LYNCHBURG, VIRGINIA 24501
(434) 846-0501
VIRGINIA ORES CORPORATION STOCK ISSUE BOOKS
The collection of this Lynchburg, Virginia, corporation includes one book of preferred
stock certificates, one book of common stock certificates, and one stock ledger listing to
whom shares were sold.
BOX 1

1-1 Stock Ledger (1917-1918)
1-2 Stock Certificates (Common stock)
1-3 Stock Certificates (Preferred stock)

MS1235

JONES MEMORIAL LIBRARY
2311 MEMORIAL AVENUE
LYNCHBURG, VIRGINIA 24501
(434) 846-0501
VIRGINIA ORES CORPORATION
The Virginia Ores Corporation was incorporated as a mining concern in Lynchburg,
Virginia, on 6 April 1917. Original capital stock amounted to $750,000 with $200,000
shares of preferred, non-voting stock, and $550,000 shares of common, voting stock. The
original stock sold for $1.00 per share with a proposed dividend of 7% per annum. The
original board of directors included L. C. TETARD, of New York, as President, Robert.
H. BLEVINS, of Lynchburg, as Vice-President, Ray O. BRANNON, of Lynchburg, as
Secretary-Treasurer, R. S. BALDWIN, of New York, as Assistant Secretary-Treasurer,
and Stanhope S. JOHNSON, of Lynchburg,
as Board Member.
The corporation planned to mine manganese in Campbell County, Virginia. Plans
included the development of eight hundred acres in the Evington district to mine
"between one hundred and two hundred tons of manganese daily" for sale "to steel
corporations, chemical companies, and the United States government."
In 1918, William Miller SHAW, of Wilmington, Delaware, became president of the
corporation, with Stanhope S. JOHNSON as Vice-President, and Ray O. BRANNON, as
Secretary-Treasurer.
At a meeting of the board of directors on 5 March 1921, it was recommended that the
capital stock be increased to $1,500,000, with $1,100,000 shares of common stock, and
$400,000 shares of preferred stock, again at $1.00 per share. The recommendation was
approved at a meeting of the shareholders on 11 April 1921.
The corporation continued in existence until ca. 1928. Although no minutes of the
meeting are recorded, apparently a stockholders meeting was held on 21 May 1928, with
W. M. SHAW, S. S. JOHNSON, R. O. BRANNON, B. F. SHAW, T. W. MILLER, and
J. F. LANE present, representing 494,300 shares, including proxies.
[Lynchburg, VA, Corporation Court, Charter Book No. 6, pp. 26-28, certified by VA State Corporation
Commission 25 April 1917,recorded 1 May 1917; Charter No. 15566, Virginia Ores Corporation, 15th
Annual Report of the State Corporation Commission for the Year Ending December 31, 1917 (Richmond:
Davis Bottom, 1918), p. 654; Lynchburg News, 7 April 1917, p. 10, col. 1; Lynchburg, VA, Corporation
Court, Charter Book No. 7, pp. 130-131, certified 21 April 1921, recorded 5 May 1921; Lynchburg,
Virginia, Directory, 1918 (Lynchburg: Hill Directory Co., 1918), p. 412; Hill's Lynchburg, Virginia, City
Directory, 1925 (Richmond: Hill Directory Co., 1925), p. 431. The corporation appears for the last time in
this issue; Virginia Ores Corporation Stock Issue Books, Mss., MS1235, Jones Memorial Library,
Lynchburg, VA.]

MS1235