Appalachian Electric Power Company
Appalachian Electric Power Company
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Product Details
CompanyAppalachian Electric Power Company
Certificate Type
Preferred Stock
Date Issued
April 28, 1941
Canceled
Yes
Printer
American Bank Note Company
Signatures
Machine printed
Approximate Size
12" (w) x 8" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
The Appalachian Power Company began in 1910 when a group of entrepreneurs decided that hydroelectric dams could be built on the New River in Virginia to supply electricity to the burgeoning coal country of southern West Virginia. The company built two dams in Virginia and an 88,000-volt transmission line to carry electricity across the mountains to West Virginia.
During the early 1920s, American Electric Power, then known as American Gas & Electric Power Company, began acquiring small companies in a half-dozen states, including West Virginia. In 1926, AG&E consolidated a dozen of these companies, including Appalachian Power, into a new subsidiary it called Appalachian Electric Power.
In the 1920s and 1930s, Appalachian’s construction crews strung transmission lines across much of southern West Virginia. The crews lived in camps, slept in tents, and ate their meals from chuck wagons. Ox teams were used to drag steel for transmission towers up hills, where it was set in foundations dug by hand with picks and shovels or blasted out of solid rock. Interrupted by World War II, the construction program resumed after the war, and by 1949 electricity was available throughout the 21 counties the company served in southern West Virginia.
With a growing economy and an increasing number of customers, the company needed to expand its generating capacity. In the late 1940s and early 1950s, Appalachian and Ohio Power Company jointly constructed the Philip Sporn Plant on the Ohio River in Mason County. Construction of other coal-fired power plants followed. Originally founded to bring electricity to the coalfields of southern West Virginia, Appalachian essentially reversed that process by using West Virginia coal to generate electricity and send it to the nation. ‘‘Coal by wire,’’ some called it.
In a 1958 corporate reorganization, the company’s name again became Appalachian Power Company, or Apco for short. The venerable corporate name was retired in 1996, when parent American Electric Power imposed a single corporate identity. In 2004, Appalachian Power Company resumed its own name, while remaining part of AEP. Appalachian Power, which is headquartered in Charleston, serves about 1 million customers in West Virginia, Virginia and Tennessee. American Electric Power has more than 5 million customers in 11 states. Its headquarters is in Columbus, Ohio.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.