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1949 Scranton
Electric Company |
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Stock Code SEC1949 |
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Certificate dated 23rd September
1949,
for 100 shares of common stock of par value $5 each in this Philadelphia
utilities company. Printed signatures of C F Nagle, President and
L A Heineman, Secretary of the
company. Vignette of woman sitting on a generator. Ornate mauve border.
The certificate is issued in the name of Foster & Co. Certificate size is 20.5 cm
high x 30 cm wide (8" x 12").
About This Company |
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Framed Certificate Price : £75.00
Certificate Only Price : £30.00 |
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About This Company
A pioneer in electric street lighting was the Scranton
Electric Light, Heat and Power company which was issued letters patent May
12, 1883. It was the first electric light company of record in the
city and operated a plant for street lighting. According to the
records of the present electric light company, the first known contract for
street lighting was entered into with the city March 13, 1900, when James
Moir was Mayor.
The West Scranton Light, Heat and Power Company was granted letters patent
March 3, 1905. The city granted a franchise July 27, 1905. The
name was changed December 18, 1905, to Lackawanna Light Company.
Charter members
were : William T. Davis; John K. Williams; Herbert L. Taylor; Thomas
P.Gordon and Edmund Recum.
Dr. Benjamin A. Throop and E.B. Sturges in the early days were interested in
the electric company. Mr. Sturges was one of the organizers of the
Suburban Electric Light Company which further extended service.
The several light companies finally completed merging with each other
onMarch 16, 1907, when as a result the present Scranton Electric Company was
formed. The history of the present company goes back to the
early
incandescent light service. From then to 1940, it has progressively
reached a status of an electric utility system supplying perfect commercial
and domestic service. It covers a territory of 400 square miles with
83,000
customers. Today, it serves about 95,000 homes. The first
boulevard lights on Main Avenue were installed during the term of Mayor John
F. Durkan.
Source: usgenweb archives
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