Commonwealth & Southern Corporation
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Product Details
CompanyCommonwealth & Southern Corporation
Certificate Type
Option Warrant
Date Issued
June 18, 1935
Canceled
Yes
Printer
Hamilton Bank Note Company
Signatures
Machine printed
Approximate Size
12" (w) x 8" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
Southern Company can be traced back to 1924, when Southeastern Power & Light was formed as a holding company for Alabama Traction, Light and Power (formed 1906), the immediate forerunner of Alabama Power. Later that year, it formed Mississippi Power as a subsidiary, with Gulf Power following in 1925. In 1926, it merged with Georgia Power (formed 1902). In 1930, Southeastern Power & Light merged into the Commonwealth & Southern Corporation. The new system included five Northern companies and six Southern companies.
However, in the late 1940s Commonwealth & Southern was dissolved to meet the Public Utility Holding Company Act of 1935. Four of Commonwealth & Southern's Deep South operating companies—Alabama Power, Georgia Power, Gulf Power, and Mississippi Power—were deemed to be an integrated system and thus were allowed to remain under common ownership. A new holding company, Southern Company, was incorporated in Delaware on November 9, 1945. It commenced operation in 1949, and moved to Georgia in 1950. In 1954–55, the company was involved in the Dixon-Yates contract with the Atomic Energy Commission, and the associated political controversy.
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Additional Information
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