Montezuma Lead Company stock certificate c1899 (Mexico) 

Mexico mines. Wonderful vignette of the three miners working on the surface, filling a wheelbarrow.  Unissued and not cancelled. Circa 1899. Measures approximately 11 x 7.5 inches. 

The Montezuma Lead Company was incorporated in New Jersey on December 30, 1899. The mining company, which was a subsidiary of the Mexican Metallurgical Company, operated the Alejandria Mine in Mexico's Santa Barbara district.

The company operated during the period of the Mexican Revolution (roughly 1910-1920), a time of significant political and economic upheaval that affected business operations, particularly for foreign-owned enterprises in mining.

On September 9, 1915, Montezuma Lead Company transferred their holdings, which included the mines, La Veta Rica y La Favorita in Santa Barbara, established in 1896, to The American Smelting and Refinement Company (ASARCO) as a subsidiary. ASARCO also acquired smaller mines to control most of the registered mines in the area. The company expanded its monopoly over smelting in Mexico when it started processing other metals including copper, silver, zinc, and lead, which allowed the U.S. firm to spread its dominion over the area.

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