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Madrid was established as a company town. Coal mining began around 1835. The community that emerged was named Coal Gulch. The coal extracted was the purest variety and the amount extracted was massive. For example, at its peak the town produced 250,000 tons of coal a year, boasting a population larger than Albuquerque. However, as the mines closed, the miners moved on and Madrid became a ghost town for about twenty years. Veterans and artists traveling through New Mexico after the Vietnam War re
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