New England Wireless Telephone and Telegraph Company
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Product Details
Company | New England Wireless Telephone and Telegraph Company |
Certificate Type | Capital Stock |
Date Issued | June 7, 1901 |
Canceled | No |
Printer | Wm. H. Hoskins |
Signatures | Hand signed |
Approximate Size |
10 1/2" (w) by 8 1/4" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
The New England Wireless Telephone and Telegraph Company was incorporated in South Dakota in 1901 as a regional subsidiary of the American Wire Telephone and Telegraph Company. American's subsidiaries included:
- Federal - operated in New York, New Jersey, Pennsylvania, Ohio, Delaware, Maryland, District of Columbia, Virginia, West Virginia, and North and South Carolina.
- New England - operated in Maine, New Hampshire, Massachusetts, Vermont, Rhode Island and Connecticut.
- Northwestern - operated in Michigan, Illinois, Wisconsin, Minnesota and Iowa.
- Continental - operated in Oregon, Washington, Idaho, Montana, Wyoming, North and South Dakota and Alaska.
The company, which had offices in Boston and was run by T. Brigham Bishop, was formed to compete with Marconi, DeForest and others. Bishop was well known some years ago as the author of the tune "Shoo Fly! Don't Bother Me!" But it was not as a song writer that T. Brigham Bishop became a leader in the world of finance. Bishop had the distinction of having opened the first bucket shop in New York for women gamblers. At the time of the collapse of the Dean "discretionary pool" swindle, Bishop was running a little "discretionary pool" of his own, and the post-office authorities did not overlook him while issuing fraud orders. Bishop got a figurehead president for the New England Wireless, the Hon. James N. Huston, former Treasurer of the United States. General Huston was already the head of another $5,000,000 company, one of the Beaumont oil boom wildcats. General Huston suffered financial reverses in the hard times of 1893 to 1896, and became the tool of parasite promoters. Bishop hawked his wireless stock through New England at bargain prices, selling it, at first, at ten cents a share - without much success.
American and its subsidiaries never became more than a paper company before falling under the control of the DeForest's interests.
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Additional Information
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