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Baxter Electric Light Company Stock Certificate (113668)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Baxter Electric Light Company Stock Certificate  (113668)
SOLD
130.00USD+ (32.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Oct 31 @ 11:52UTC-7 : PDT/MST
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Number 255, issued for 500 shares to Amos Rogers in 1884. Signed by secretary Altman and the vice-president. Not cancelled. Printed by Wm. H. Trafton's Sons. Great Graphics! Rare! Baxter was involved in a major episode in 1888. "Electric Lighting From America comes the report that about three weeks ago the wires of the Baxter Electric Light Company were crossed by the wires of the New Jersey Telephone and Telegraph Company in Jersey City and part of the city thrown into darkness for several hours. The diverting of the powerful current from the Baxter wires to the telephone system destroyed several instruments. The Baxter Light Company say that the crossing was the result of malicious mischief the wires being found tied together with an old woollen scarf. Experts say that the fault was caused by the sagging of the Baxter wires as the insulator is burned off in several places." [The Electric Review, Volume 12, p95]

Date: 1884
Country (if not USA):
State: New York
City: New York
Provenance: Ken Prag Collection