Name: H. M. Byllesby and Company
Brand: Ghosts of Wall Street
SKU: 2375
Price: 6.0 USD
Availability: InStock

H. M. Byllesby and Company Stock Certificate

Only 1 available!
Inventory on the way

Product Details

Nicely engraved antique stock certificate from H. M. Byllesby and Company dating back to the 1920's. This document, which is signed by the company Vice President and Assistant Secretary, was printed by the Western Bank Note Company, and measures approximately 12 1/2" (w) by 7 3/4" (h).

Images

You will receive the exact certificate pictured.

Historical Context

Colonel Henry M. Byllesby formed H.M. Byllesby & Company, one of the largest utility holding companies of the pre-Depression era. Colonel Byllesby was involved in electric power generation for a considerable period. In 1885, the Electric Lighting Company of Mobile began operations. Colonel Byllesby, who worked as a draftsman on Thomas Edison's original electrical system, designed the generating and distribution systems for the company.

In 1882, the Minnesota Brush Electric Company built an electricity generating station at St. Anthony Falls and the company, which had been renamed the Minneapolis Electric Company, was acquired by Byllesby in 1912 and was renamed Northern States Power Company in 1916. In April 1905, the San Diego Gas & Electric Light Company was sold to the H. M. Byllesby & Company and was incorporated as the San Diego Consolidated Gas & Electric Company. In 1909, Byllesby organized the Washington County Light and Power Company, then purchased the Stillwater Gas and Electric Company, and the united the two companies as the Consumers Power Company.

In 1910, Western States Gas & Electric Company, covering Oregon, was incorporated by the H.M. Byllesby & Co. as a holding company. The production of electricity frequently led to the development of electric street railways. In 1911, the Fargo and Moorhead Street Railway company was sold to H.M. Byllesby's Consumers Power Company. Consumers was a wholly owned subsidiary of Northern States Power Company, incorporated by Byllesby as a holding company in 1909.

The company built the Lake Byllesby Dam, a concrete gravity dam located in Randolph Township, Dakota County and Stanton Township, Goodhue County, Minnesota, just west of the city of Cannon Falls, approximately 30 miles southeast of the Minneapolis and St. Paul.

The 75 foot high dam was built in 1910 to impound the Cannon River for hydroelectric power. Its nameplate capacity is 1.8 MW. The dam created Lake Byllesby, with a surface area of 1,432 acres and a capacity of 20,000 acre-feet. Today, the facility is owned and operated by Dakota County.

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. For orders taking advantage of standard (First Class) shipping within the United States, we offer flat rate pricing, so you pay only the advertised shipping charge regardless of the number of pieces you purchase. Current charges may be reviewed here. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout.

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.