Carolina Power & Light Company
Carolina Power & Light Company
- In stock
- Inventory on the way
Product Details
Certificate Type | Common Stock |
Date Issued | October 22, 1970 |
Canceled | Yes |
Printer | Security Bank Note Company |
Signatures | Machine printed |
Notable | NA |
Approximate Measurements |
12" (w) by 8" (h) |
Product Images | Show the exact certificate you will receive |
Guaranteed Authentic | Yes |
Historical Context
The Carolina Power & Light Company (CP&L) was chartered in North Carolina on July 13, 1908. The creation of CP&L represented the merger of three existing companies, the Raleigh Electric Company, the Central Carolina Power Company, and the Consumer Light and Power Company. The fledgling CP&L had 983 Raleigh customers billed at a base rate of $1 per month and 15¢ per kilowatt-hour. Early expansion was in the Henderson and Oxford area with the 1911 acquisition of the Oxford Electric Company. The following year, CP&L gained controlling interest in the Asheville Power and Light Company and bought the Goldsboro system, thus forming the basic service area of the company for years to come. In 1952, CP&L added southeastern North Carolina to its service territory with the acquisition of Tide Water Power, following the death of Hugh MacRae. In 1987, CP&L placed the Shearon Harris Nuclear Power Plant into service. In 2002, subsequent to the 2000 acquisition of Florida Progress Corporation, CP&L began doing business as Progress Energy, Inc. It then distinguished its operations as Progress Energy Carolinas and Progress Energy Florida. In 2011, Duke Energy acquired Progress Energy. CP&L was renamed Duke Energy Progress. |
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?
Are the images presented in your product listings of the exact piece I will receive?
How will you ship my order and how much do you charge?
Can I return my purchase?
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.