|Company||North American Light & Power Company
|Certificate Type||Preferred Stock
|Date Issued||1920's and 1930's|
|Printer||American Bank Note Company
11" (w) by 7" (h)
||Representative of the piece you will receive|
In 1913 Southern Illinois Light & Power Company (SIL&P) was formed to consolidate the utility companies serving a few small communities east of St. Louis. By 1919 SIL&P had added more than a dozen communities to its service area when it was acquired by the North American Light & Power Company, which had been formed four years earlier. In 1923 North American Light & Power acquired the Illinois Traction Company and then consolidated it with SIL&P, to form the Illinois Power & Light Corporation (IP&L). IP&L corporate offices were established in Chicago and William B. McKinley was named chairman of the board. Clement Studebaker Jr. was named president and H.L. Hanley was elected vice-president and general attorney.
At the time of IP&L's incorporation, North American Light & Power was part of two larger holding company structures, the Insull group and the North American Company, which each owned a 50 percent stake in North American Light & Power Company and represented the third and fourth largest utility holding structures in the United States at the time.
In 1934, North American Power & Light was folded into the North American Company under the NAC name.
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.