Philadelphia Company
Philadelphia Company
- In stock
- Inventory on the way
Product Details
Company | Philadelphia Company |
Certificate Type | Common Stock |
Date Issued | June 30, 1924 (brown) October 10, 1924 (green) |
Canceled | Yes |
Printer | Western Bank Note Company |
Signatures | Hand signed |
Approximate Size |
13 1/2" (w) by 10 1/2" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Value Reference |
Historical Context
The Philadelphia Company was a public utility that provided natural gas to Pittsburgh and its surrounding areas in Pennsylvania and West Virginia. The company was originated in 1884 by George Westinghouse, the Gilded Age inventor and electric company founder. He founded the company the year after he began drilling for natural gas beneath his own neighborhood in Pittsburgh, an experiment that caused an explosion of gas that burned for weeks. Apparently Westinghouse was undaunted by the mayhem; he lived for another thirty years, received 361 lifetime patents, and founded sixty companies.
Westinghouse continually acquired companies and added them to the Philadelphia Company during the 1880s and 1890s. The company’s main business was producing power for light, heat, and electricity in homes and businesses. It produced oil from fields in West Virginia; it produced artificial gas; it ran railways in Pittsburgh; and it had a large electric power and light business.
By 1940 the Philadelphia Company operated a diverse set of subsidiaries. Their names indicate the breadth of the company’s operations: Philadelphia Company ran the Duquesne Light Company, the Allegheny County Steam Heating Company, the Pittsburgh and West Virginia Gas Company, Equitable Gas Company, Philadelphia Oil Company, Finleyville Oil and Gas Company, Kentucky West Virginia Gas Company, Cheswick and Harmar Railroad Company, Equitable Auto Company, Equitable Real Estate Company, Equitable Sales Company, Pittsburgh Railways Company, and Pittsburgh Motor Coach Company.
The Philadelphia Company’s total assets were $160 million in 1940, $362 million including subsidiaries.
Related Collections
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. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
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.
Shipping Information
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
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Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.