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Baxter Electric Light Company Stock Certificate, New York [118373]

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, New York  [118373]
SOLD
90.00USDto t********f+ buyer's premium (22.50)
This item SOLD at 2021 May 17 @ 14:03UTC-7 : PDT/MST
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Cert. #131, issued for 100 shares in 1884 at New York. Great vignette of an illuminated light bulb. 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] . VG+. Extra folds and wear at the folds. Uncanceled.

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State: New York
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Provenance: Ken Prag Collection