A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part II-Chapter 7 : The Mining Bonanza Kings  > The Hale & Norcross coup  :  « Previous  1 - 2  Next »

   The Hale & Norcross coup  

When he was back on the Comstock, late in 1868, James Graham Fair immediately started to plot the coup which would launch him (and his chosen partners) on the road to great wealth. His plan involved the Hale & Norcross mine, of which he had thorough knowledge since he had been its assistant superintendent. In the years he was absent, The Hale & Norcross produced about $ 2 million worth of silver and paid substantial dividends. It had also become the prize of a major takeover battle, as William Sharon and his Bank of California crowd wrested control from the mine’s chief owner ...

 

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