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Wave Power and Electric Company Stock, San Francisco, 1906 [128774]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:150.00 USD Estimated At:300.00 - 600.00 USD
Wave Power and Electric Company Stock, San Francisco, 1906  [128774]
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Wave power is the capture of energy of wind waves to do useful work – for example, electricity generation, water desalination, or pumping water. A machine that exploits wave power is a wave energy converter. Wave-power generation is not a widely employed commercial technology however there have been attempts to use this source of energy since at least 1890, mainly due to its high power density (wiki). Wave Power and Electric Company might be one of the first commercial ventures to tap the energy of the ocean waves. Thus, this is a historic certificate. It was issued for 100 shares in 1906. Fold lines. VG+. Uncanceled.

Date:
Country (if not USA):
State: California
City: San Francisco
Provenance: Ken Prag Collection