Boston Edison Co. - Stock Certificate
Inv# US1156 Stock
Stock printed by American Bank Note Company.
The Boston Edison Company (BECo) was incorporated as the Edison Electric Illuminating Company of Boston in 1886. It was one of the earliest electric utility companies in the United States of America. The company was formally renamed the Boston Edison Company in June 1937, although it had also been previously known by this name informally.
Edward S. Mansfield was placed in charge of BECo's activities in relation to electric vehicles. On 3 April 1911 BECo organised a conference at the Hotel Thorndike, in Boston to encourage closer co-operation between electric vehicle manufacturers and central station managers in the Boston area. Dugald C. Jackson attended and promised the support of MIT in providing scientific research to support the development of the electric vehicle industry.
In 1999 it was merged with Cambridge Electric Light Company, Commonwealth Electric Company, and NSTAR Gas Company to form NSTAR. After subsequent mergers, what remains of the Boston Edison Company is now part of Eversource Energy.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
Ebay ID: labarre_galleries