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Detroit Edison Company

$6.00 $3.97

SKU: 4060deted

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Product Details

 

Intricately engraved antique bond certificate from the Detroit Edison Company dating back to the mid 1900's. This document, which contains the printed signatures of the company President and Secretary was printed by the American Bank Note Company, and measures approximately 12" (w) by 8" (h).

 

The certificate's vignette features an eagle with wings outstretched.

Images

The images presented are representative of the piece(s) you will receive. When representative images are presented for one of our offerings, you will receive a certificate in similar condition as the one pictured; however dating, denomination, certificate number and issuance details may vary.

    Historical Context

    By the turn of the 20th century, the Edison Illuminating Co. and the Peninsular Electric Light Co. (which owned the electric distribution franchise in the area) provided all commercial electric lighting and power in the city of Detroit.

     

    In January 1903, Detroit Edison purchased securities of the two companies and incorporated on January 17, 1903.

     

    In 1904, Detroit Edison signed its first power contract with an automobile company — the Cadillac Motor Car Co.

     

    Detroit Edison added the St. Clair power plant in 1954 — one of the largest power plants in the world at the time.

     

    In 1956, Detroit Edison broke ground for the Enrico Fermi atomic power plant and also began work on the River Rouge power plant.

     

    In early 1996, it became an operating subsidiary of the new holding company, DTE Energy Company, which replaced Detroit Edison Company on the stock exchange, and took over the trading ticker symbol.