American Commonwealths Power Corporation

American Commonwealths Power Corporation
Item# 3019
$14.95

       




Stock Certificate, issued/canceled
1930's
Central Bank Note Company
The item shown is representative of the piece you will receive











       







       





The American Commonwealths Power Company grew into a huge conglomerate of utility companies before falling into receivership in 1932. At itís height the company owned the Community Power and Light Company (which owned utilities in Missouri, Kansas, Arkansas, Texas and New Mexico), Union Gas Utilities Inc. (which owned a variety of gas companies in Kansas and Oklahoma) and the American Gas and Power Company (which owned a number of utilities in Maine, Georgia, Florida and Minnesota.) The company was also invested in the American Superpower Corporation and the United Light and Power Company.

Grand Rapidís Frank Hulswit, who took over as the company President in 1927 was responsible for the companyís dynamic growth. However, the great depression decimated many a utility holding company, including American Commonwealths Power, and ACP was never able to fully recover. Hulswit died in 1933, falling to his death from a 5th floor New York City hotel room while trying to repair a radio antenna positioned outside his window. MI-Michigan Utility Companies Electric Companies Gas Companies Holding Companies Allegorical Featured Industrial Scene Multiple Scenes



All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.