-40%
North American Light & Power Co share certificate 1921-23
$ 3.16
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Description
One share certificate of"NORTH AMERICAN LIGHT & POWER COMPANY"
.Dates my vary from 1921 to 1923 .Cancelled.Handwritten signatures.Dry seal.Incorporated in Maine (US) .Condition (opinion):Very Good (VG).Could have tears or cuts.Size: 32cm/21,8cm (average or average/large).
Printer: Western Banknote & Engraving Co.Chicago .
Use this picture for reference only, serial number,signatures,seals and perforations may be different.
Historical document for collectable or
historical research only.
Please read carefully the sale terms ,shipping conditions and information below. The buyer accepts those terms, conditions and cost described.
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Terms of sale and shippig information
Postage, including packing material, handling fees : Europe: USD 9.00 / USA $ 9.99. Rest of the World: USD 11.15.
FREE of postage for other items.
(excluding
purchases under US.00 with a weight greater than 100 gr. including the protection and packaging card ) .
Only one shipping charge per shipment (the highest one) no matter how many items you buy (combined shipping).
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Guaranteed genuine -
One
month
return
policy
(retail sales) .
Returns accepted with no questions.
Customers are invited to combine purchases to save postage.
As we have (or could have) more than one identical item ,the serial number may differ from those shown in the picture which is for reference only.
For purchases above .00 we send the orders registered with tracking number without extra charge, for purchases below .00 we ship as regular letters at the buyer's risk.
For purchases below $ 70,00 who want to register your letter with tracking number, please add an extra for : Europe .20 , U.S. .00 ,Rest of the word .90 .For this case ,please request or wait for our invoice before paying.
Postage include packaging material and handling fees.
For some destinations and purchases below .00 customers may be requested for this extra shipping payment in order to register the shipment with tracking number.
We reserve the right to cancel transactions that require the sending of unregistered letters (without tracking number) to some destinations when this extra payment has been requested.
For purchases over .00, the excess weight will be free.
For purchases under US.00 with a weight greater than 100 gr. including the protection and packaging card, the buyer is asked not to make the payment until receiving the invoice or shipment note, since the cost will be calculated and the type of shipment will be assessed (registered or insured or not) and the buyer will be charged the approximate total of the costs of the Post Office rate (rates that are public and can be consulted), in this case the costs of packaging materials, handling and delivery management are free.
In the event that the buyer has already made the payment, he will be asked to pay the difference that is missing for the payment of the postal rate. Likewise, we reserve the right to cancel transactions that have not been paid this extra amount when requested.
If for any reason, your item did not arrive yet, or you are not 100% satisfied with the item you have received, please do not hesitate to contact , I will do all it takes to provide the best service.
Full refund policy ,including shipping cost, guaranteed in case of lost or theft after the completion of the complaint with Spanish Correos for the registered letters
(free of extra charges for purchases abobe .00 or with the extra charge paid for purchases below .00).
The buyer must notify to us of the delay in the arrival of his purchase when he meets 3 weeks ( to Europe) to 4 weeks (rest of the World) this guarantee expires two months after the shipment of his purchase if we have not previously received notice of the delay
.
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See below related information from the web:
The North American Light and Power Company was a utility holding company formed in South Bend, Indiana and run since 1916 by its president, Clement Studebaker, Jr., of the family famous for the Studebaker automobiles.[1] The utility company remained a major subsidiary of the North American Company, until that conglomerate's 1940s breakup by the U.S. Securities and Exchange Commission (SEC).
History
Clement Studebaker, Jr. (1871–1932) was born the son of Clement Studebaker (1831–1901), the carriage and automobile manufacturer of South Bend, Indiana.
In 1911, the company founded by the Studebaker brothers joined forces with Everitt-Metzker-Flanders Company of Detroit to form the Studebaker Corporation. In one of his several executive positions, Clement Studebaker, Jr. served as Vice President of the E-M-F Company.
By 1916 Clement Studebaker, Jr. had formed the publicly traded North American Light and Power Company, and issued stock, with certificates printed by the American Banknote Company.
Clement Studebaker, Jr. also served as President and Chairman of the Board of the Illinois Power and Light Company (and of its subsidiary, the Illinois Traction Company), the South Bend Watch Company, and as Treasurer of the Chicago South Shore and South Bend Railroad.
North American Company
North American Company had once been one of the original stocks in the Dow Jones Industrial Average.
North American Light and Power remained under the ownership of North American Company for the next decade after Clement's death, as a major subsidiary holding company of other lines.
By 1940, North American Company had become a US.3 billion holding company heading up a pyramid of by then 80 companies. It controlled ten major direct subsidiaries in eight of which it owned at least 79%. North American Light and Power Company was by then one of the three major holding companies among the ten direct subsidiaries.
North American Company was broken up by the SEC, following the United States Supreme Court decision of April 1, 1946.