Edison Sault Electric Company
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Product Details
CompanyEdison Sault Electric Company
Certificate Type
Common Stock
Date Issued
March 15, 1948
Canceled
Yes
Printer
Security Bank Note Company
Signatures
Machine printed
Approximate Size
11 3/4" (w) by 8 1/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
In 1892, the newly incorporated Edison Sault Electric Company began serving Sault Ste. Marie from their new plant in the rapids. The original incorporation of the company showed capital of $57,000, with six shareholders owning 2,280 shares of common stock. The city began to prosper with an electric street car, a stable water and sewer system, gas lines, and electricity to the village homes. Street lights, elevators, freezers, and refrigeration were now available, and people were eager to take advantage of ail the new appliances that were being invented.
Sault Ste. Marie became the fastest growing city In Michigan, with a population of 5,800 in 1890. However, even with the growth, the large canal project started in 1885 once again became dormant due to financial difficulty, leaving a muddy ditch for residents to contend with.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
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