A. A. Codd ca 1907
Caricature courtesy extraordinary collection of Clint Maish
A. A. Codd, Goldfield Nevada Recorder & Stockbroker
A. A. Codd was invited to Goldfield in 1904 by his friend Claude Smith, first recorder of the Goldfield Mining District. Codd was Chief Deputy Recorder in 1904 and 1905 at a time when Goldfield was seeing registrations of seventy-five claims per day. Later Codd became active as a stockbroker and promoter in Goldfield and Rawhide, with a career that included promotions in Gold Reef right up to Weepah in 1927. While Codd was in a position to amass great wealth some limited research indicates that Codd lost as much as he made in stock and land speculations.
The cartoon above (courtesy Clint Maish) shows Codd astride a Nevada Short Line locomotive; ironically it was probably the Nevada Short Line that lost Codd most of his money, and the cartoon would be more appropriate in a historical sense if the locomotive were strapped to Codd's ankle, something like a ball-and-chain.
The Original Velvet Underground !
Blasting on the Original Velvet lease, courtesy Triangle Photo-Frontier Photography
The original Velvet Claim was one of the earlier Goldfield Nevada discoveries. It was a very rich strike and the early success led to incorporation of the Velvet Gold Mining Co as well. The picture above shows very early development of the original Velvet claim, with ore averaging $10,000 per ton. The rich tonnage allowed the company to become established until the owners discovered that the rich vein had faulted and the faulted vein was never picked up again (in spite of strenuous efforts) and remains undiscovered to this day.
The Velvet Leasing Company and the Velvet Gold Mining Co were developed separately and the VGMC later bought into several Goldfield Merger Mines properties to the east of the Goldfield Consolidated claims in 1908 (ref: Byler). The Velvet company also owned a property in Bullfrog (ref: Patrick Bullfrog map).
The Original Velvet claim was located about one-quarter mile southwest of Goldfield town in quadrant 22 on the Chute map. There were several Velvet properties in Goldfield and Bullfrog. The Velvet Gold Mining Company itself was due east of the Silver Pick and between the Kewanas and Lone Star mines just north of the consolidated properties. The Combined Mining and Leasing Company mentioned in the document below was due east of the Albemarle mine, the Albemarle was adjacent to a group of properties that would later form the Goldfield Merger mines.
Evidently the Combined Leasing company was developing the Merger Mines property on a lessee basis without success, based on the import of the letter below. It is also interesting to note that leasing of property began to fall out of fashion at this time as the high-grade disappeared to lower depths, and the success of the Goldfield Consolidated proved that leasing was not stable enough to compete with serious long-term development, on either a financial or engineering basis.
The 1909 letter below is signed by A. A. Codd himself, a famous Nevada mine owner and promoter of repute, somewhere between the J P Loftus and Graham Rice molds.
The stock certificate shown is #2680 for Combined Mining & Leasing dated July 1908 - wonder if any of the two thousand or so 1908 investors would be interested in Mr Codd's letter above of April 1909?
According to Shamberger, Codd was a heavy promoter of Weepah; during earlier years Codd was active in Rawhide (president of the Rawhide Mining Company and Codd Mining Co.) and he was also a heavy promoter in Goldfield so one must give Codd credit for his persistence in the mining promotion game.
Shamberger credits Codd with the 1927 photo shown here along with other Weepah promotional material; evidently Codd was associated with Gold Reef promotions too.
Photo Courtesy Nevada Histrorical Society
Panic of 1907!