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                1970 Babcock 
                And Wilcox Company   |  
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                Stock Code BWC01 |  | Certificate, dated 14th December 1970,  
        for 100 shares of common stock in this US engineering company. Printed 
        signatures of George G Zipf, President  and W P Catterson Treasurer. Vignette of 
        men beside a disc on which are the initials of the company. Ornate red border. The 
        certificate is issued in the name of Barnett & Co. Certificate size is 20.5 cm 
        high x 30 cm wide. 
        
        About This Company |  
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                Framed Certificate Price : £60.00 
                Certificate Only Price : £20.00 |  
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     In 1856, 26-year old Stephen Wilcox 
    of Rhode Island, USA, patented a water tube boiler that increased heating 
    surfaces, allowed better water circulation, and, most noteworthy, was 
    inherently safe. Eleven years later, he and friend George Babcock 
    established a partnership -- Babcock, Wilcox and Company -- to manufacture 
    and market these water tube steam boilers. Their ingenuity cleared the way 
    for the modern era of large high-pressure and high-temperature steam power 
    plants and established a precedent for their colleagues and successors to be 
    inventive and customer-oriented. The end of the Civil War ushered in a 
    new demand for steam power for transportation and manufacturing in the 
    United States. B&W's role as a leading supplier in the electrification and 
    industrialization of the nation was just beginning. In 1881, the Babcock & Wilcox 
    partnership, prospering as a result of its superior product, incorporated as 
    The Babcock & Wilcox Company (B&W). That same year, the Brush Electric Light 
    Company of Philadelphia, the first central electrical generating station in 
    the United States, went into service, powered by four B&W boilers. In 1902, New York City installed its 
    first subway and powered it with B&W boilers. In 1903, B&W equipped the Fisk 
    Street Station of the Commonwealth Edison Company of Chicago with 24 
    boilers. This was the first utility station to use steam turbines 
    exclusively for electric power generation. To help customers meet increased 
    demand throughout the 1920s, B&W began to develop larger boilers, which in 
    turn led to water-cooled furnaces and the use of pulverized coal as a fuel. B&W continued to make significant 
    contributions to the industrial and steam generation industries. In 1929, 
    the world's first commercial size recovery boiler using the magnesium 
    bisulfite process was installed in Quebec, Canada. Throughout the 1930s, B&W 
    introduced the integral furnace boiler, the Kraft recovery boiler, the 
    radiant boiler and the open-pass boiler. In 1935, B&W sold and placed into 
    service the first "black liquor" recovery boiler in the USA which used a 
    by-product of the pulping process as fuel. In the late 1940s, the demand for 
    industrial and heating boilers increased; however, field construction costs 
    were also rising. In response, B&W introduced the shop-assembled "package 
    boiler," which could be built in B&W shops, shipped to the customer, and 
    installed at the site. In 1957, B&W achieved another 
    milestone with the introduction of the highly efficient coal-fired Universal 
    Pressure Boiler. B&W has continued to keep pace with 
    the changing needs of its utility customers. The company's 1,300-megawatt, 
    pulverized coal-fired plant for the Tennessee Valley Authority (TVA) went on 
    line in 1973 and was then the world's largest electrical generating unit. As demand for electricity grew rapidly 
    in newly-industrializing countries, B&W provided -- and continues to provide 
    -- a significant portion of new electrical generating capacity worldwide. To 
    service these new markets, B&W established International Operations in 
    China, India, Indonesia, Mexico, Turkey, and Egypt. B&W has been involved in the field of 
    nuclear power for more than 40 years, providing nuclear heat exchangers, 
    nuclear plant services and more than 200 nuclear steam generators to 
    customers around the world. In 1995, B&W opened the Clean Coal 
    Environmental Development Facility (CEDF), a state-of-the-art combustion and 
    emissions testing facility, in Alliance, Ohio, USA. The CEDF replicates the 
    key operating characteristics of steam generating systems used in modern 
    power plants. Source: www.babcock.com
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