SPECIMEN - The United Illuminating Company Stock Certificate

Description

SPECIMEN - The United Illuminating Company Stock Certificate
SPECIMEN - The United Illuminating Company Stock Certificate
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State: Connecticut
Date: 19--
Color: Blue
Size: 13 3/4 in x 10 3/4in
SPECIMEN - The United Illuminating Company. Very nice certificate.
History
UI’s roots can be traced to 1881, with the founding of the New Haven Electric Lightening Company, established to provide electric lighting to the city of New Haven. The company set off to a troubled start and in 1883 was reorganized as the New Haven Electric Company.
In 1899, the New Haven Electric Company, under the leadership of James English, acquired the Bridgeport Electric Light Company. The new company, renamed The United Illuminating Company, flourished in the new century as Connecticut became an important manufacturing center, and UI’s franchise spread outward from the cities of New Haven and Bridgeport to outlying towns. Regulated as a utility, UI for many years exclusively owned and operated the electric generation, transmission and distribution facilities in the greater New Haven and Bridgeport areas.
In 2000, as a result of the state of Connecticut’s 1998 deregulation legislation, UI was required to sell its electricity generation plants, including the facilities at New Haven and Bridgeport harbors, and to divest from other generation projects including the Connecticut Yankee and Millstone nuclear power plants.
In that same year, UI became a subsidiary of UIL Holdings Company, a New Haven-based corporation structured to hold both the regulated UI and other non-regulated business entities.
UI continues to own and operate the transmission and distribution delivery infrastructure within its 17-town service territory.
SPECIMEN -
No certificates are accepted unseen from a printer. No matter how much checking has been done, there is always the chance of a typographical error creeping in and causing untold financial damage to the issuer. For this reason, prior to final printing a small quantity of "specimen" certificates will be produced by the printer for final verification. These items will usually be clearly marked "specimens" either by means of overprint or perforated cancellations holes. In some cases they can be further identified by a "0000" serial number.
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