{"id":3195219050560,"title":"Carolina Power \u0026 Light Company","handle":"carolina-power-light-company-1","description":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eBeautifully engraved antique stock certificate from the Carolina Power \u0026amp; Light Company dating back to the 1950's. This document, which contains the printed signatures of the company President and Secretary, was printed by the Hamilton Bank Note Company, and measures approximately 12\" (w) by 8\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate's vignette features a pair of female allegorical figures flanking a hydroelectric power plant.\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cp style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003c\/p\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cdiv style=\"text-align: center;\"\u003e\u003cimg style=\"margin-bottom: 10px; float: none;\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/CAROLINAPOWERLIGHT.png?v=1596970648\"\u003e\u003c\/div\u003e\n\u003chr\u003e\u003cbr\u003eThe \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/carolina-power-and-light-company\"\u003e\u003cstrong\u003eCarolina Power \u0026amp; Light Company\u003c\/strong\u003e\u003c\/a\u003e (CP\u0026amp;L) was chartered in \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/north-carolina\"\u003e\u003cstrong\u003eNorth Carolina\u003c\/strong\u003e\u003c\/a\u003e on July 13, 1908. The creation of CP\u0026amp;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\u0026amp;L had 983 \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/raleigh-durham-north-carolina\"\u003e\u003cstrong\u003eRaleigh\u003c\/strong\u003e\u003c\/a\u003e 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.\u003cbr\u003e\u003cbr\u003eThe following year, CP\u0026amp;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.\u003cbr\u003e\u003cbr\u003eIn 1952, CP\u0026amp;L added southeastern North Carolina to its service territory with the acquisition of Tide Water Power, following the death of Hugh MacRae.\u003cbr\u003e\u003cbr\u003eIn 1987, CP\u0026amp;L placed the Shearon Harris \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/nuclear-power\"\u003e\u003cstrong\u003eNuclear Power\u003c\/strong\u003e\u003c\/a\u003e Plant into service.\u003cbr\u003e\u003cbr\u003eIn 2002, subsequent to the 2000 acquisition of Florida Progress Corporation, CP\u0026amp;L began doing business as Progress Energy, Inc. It then distinguished its operations as Progress Energy Carolinas and Progress Energy Florida.\u003cbr\u003e\u003cbr\u003e\n\u003cp\u003eIn 2011, Duke Energy acquired Progress Energy. CP\u0026amp;L was renamed Duke Energy Progress.\u003c\/p\u003e","published_at":"2018-11-27T15:17:38-05:00","created_at":"2019-03-09T12:02:51-05:00","vendor":"Ghosts of Wall Street","type":"Stock Certificates","tags":["1950s","Carolina Power \u0026 Light","Date_1950s","North Carolina","Nuclear Power","Price_$10 - $19.99","Raleigh","Raleigh-Durham","Region_South","Utilities"],"price":1200,"price_min":1200,"price_max":1200,"available":true,"price_varies":false,"compare_at_price":null,"compare_at_price_min":0,"compare_at_price_max":0,"compare_at_price_varies":false,"variants":[{"id":40465080713375,"title":"Default Title","option1":"Default Title","option2":null,"option3":null,"sku":"2305","requires_shipping":true,"taxable":true,"featured_image":null,"available":true,"name":"Carolina Power \u0026 Light Company","public_title":null,"options":["Default Title"],"price":1200,"weight":7,"compare_at_price":null,"inventory_management":"shopify","barcode":"","requires_selling_plan":false,"selling_plan_allocations":[]}],"images":["\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2305br.png?v=1625491644","\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2305brvign.png?v=1625491644"],"featured_image":"\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2305br.png?v=1625491644","options":["Title"],"media":[{"alt":"Carolina Power \u0026 Light Company Stock Certificate","id":2980521181319,"position":1,"preview_image":{"aspect_ratio":1.483,"height":1045,"width":1550,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2305br.png?v=1570110658"},"aspect_ratio":1.483,"height":1045,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2305br.png?v=1570110658","width":1550},{"alt":"Carolina Power \u0026 Light Company Stock Certificate","id":2980521279623,"position":2,"preview_image":{"aspect_ratio":1.959,"height":853,"width":1671,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2305brvign.png?v=1570110658"},"aspect_ratio":1.959,"height":853,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/2305brvign.png?v=1570110658","width":1671}],"requires_selling_plan":false,"selling_plan_groups":[],"content":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eBeautifully engraved antique stock certificate from the Carolina Power \u0026amp; Light Company dating back to the 1950's. This document, which contains the printed signatures of the company President and Secretary, was printed by the Hamilton Bank Note Company, and measures approximately 12\" (w) by 8\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate's vignette features a pair of female allegorical figures flanking a hydroelectric power plant.\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cp style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003c\/p\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cdiv style=\"text-align: center;\"\u003e\u003cimg style=\"margin-bottom: 10px; float: none;\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/CAROLINAPOWERLIGHT.png?v=1596970648\"\u003e\u003c\/div\u003e\n\u003chr\u003e\u003cbr\u003eThe \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/carolina-power-and-light-company\"\u003e\u003cstrong\u003eCarolina Power \u0026amp; Light Company\u003c\/strong\u003e\u003c\/a\u003e (CP\u0026amp;L) was chartered in \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/north-carolina\"\u003e\u003cstrong\u003eNorth Carolina\u003c\/strong\u003e\u003c\/a\u003e on July 13, 1908. The creation of CP\u0026amp;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\u0026amp;L had 983 \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/raleigh-durham-north-carolina\"\u003e\u003cstrong\u003eRaleigh\u003c\/strong\u003e\u003c\/a\u003e 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.\u003cbr\u003e\u003cbr\u003eThe following year, CP\u0026amp;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.\u003cbr\u003e\u003cbr\u003eIn 1952, CP\u0026amp;L added southeastern North Carolina to its service territory with the acquisition of Tide Water Power, following the death of Hugh MacRae.\u003cbr\u003e\u003cbr\u003eIn 1987, CP\u0026amp;L placed the Shearon Harris \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/nuclear-power\"\u003e\u003cstrong\u003eNuclear Power\u003c\/strong\u003e\u003c\/a\u003e Plant into service.\u003cbr\u003e\u003cbr\u003eIn 2002, subsequent to the 2000 acquisition of Florida Progress Corporation, CP\u0026amp;L began doing business as Progress Energy, Inc. It then distinguished its operations as Progress Energy Carolinas and Progress Energy Florida.\u003cbr\u003e\u003cbr\u003e\n\u003cp\u003eIn 2011, Duke Energy acquired Progress Energy. CP\u0026amp;L was renamed Duke Energy Progress.\u003c\/p\u003e"}