North American Light & Power Company Stock Certificate

Description

Product Details
Nicely engraved antique stock certificate from the North American Light & Power Company dating back to the 1920's and 1930's. This document, which is signed by the company Vice President and Secretary, was printed by the American Bank Note Company and measures approximately 11" (w) by 7" (h).
This certificate's vignette features an allegorical female figure holding a light as she leans on a dynamo.
Images
The images presented are representative of the piece(s) you will receive. When representative images are presented for one of our offerings, you will receive a certificate in similar condition as the one pictured; however dating, denomination, certificate number and issuance details may vary.
Historical Context
In 1913 Southern Illinois Light & Power Company (SIL&P) was formed to consolidate the utility companies serving a few small communities east of St. Louis. By 1919 SIL&P had added more than a dozen communities to its service area when it was acquired by North American Light & Power Company, which had been formed four years earlier. In 1923 North American Light & Power acquired Illinois Traction and then consolidated it with SIL&P, to form Illinois Power & Light Corporation (IP&L). IP&L corporate offices were established in Chicago and William B. McKinley was named chairman of the board. Clement Studebaker Jr. was named president and H.L. Hanley was elected vice-president and general attorney.
At the time of IP&L's incorporation, North American Light & Power was part of two larger holding company structures, the Insull group and the North American group, which each owned a 50 percent stake in North American Light & Power Company and represented the third and fourth largest utility holding structures in the United States at the time.
In 1934, North American Power & Light was folded into the North American Company under the NAC name.