Babcock & Wilcox Company (Three Mile Island)
Babcock & Wilcox Company (Three Mile Island)
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Product Details
CompanyBabcock & Wilcox Company
Certificate Type
Common/Capital Stock
Date Issued
1950's, 1960's and 1970's
Canceled
Yes
Printer
American Bank Note Company
Signatures
Machine printed
Approximate Size
12" (w) by 8" (h)
Images
Representative of the piece you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
In 1856, 26-year old Stephen Wilcox of Rhode Island, 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.
In 1881, the Babcock & Wilcox partnership was incorporated as The Babcock & Wilcox Company. 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. 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.
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. Unfortunately, this historic company is forever tied to nuclear power as a result of an event everyone would like to forget. On March 29, 1979 at 4pm, B&W’s Three Mile Island 2 Reactor (TMI-2) accident occured. The nation watched the disaster unfold on TV, just over a week after The China Syndrome had been released in theatres.
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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!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping Information
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.