SPECIMEN - Puget Sound Power & Light Company Stock

Description

SPECIMEN - Puget Sound Power & Light Company Stock
SPECIMEN - Puget Sound Power & Light Company Stock
s124
State: Washington
Color: Green
Size: 12in x 8in
SPECIMEN
PUGET SOUND POWER & LIGHT COMPANY. Printed by Jeffries Banknote Company.
A little history:
Through mergers and acquisitions, dozens of small utility companies gradually evolved into today’s Puget Sound Energy. The oldest of these – the Seattle Gas Light Company – introduced Washington Territory to manufactured-gas lighting on New Year’s Eve, 1873. A dozen years later, another PSE ancestor – the Seattle Electric Light Company – gave the region its first electric service from a central power plant. Yet another of PSE’s predecessor companies, the Snoqualmie Falls Power Company, built the region’s first large hydroelectric plant—the first ever to have completely underground generators, at Snoqualmie Falls, in 1898.
PSE was formed in 1997 when two of its largest ancestral companies – Puget Sound Power & Light Company and Washington Energy Company – merged.
In 2009 Puget Sound Energy was sold to foreign investors, Macquarie, in a leveraged private equity buyout. Puget Holdings, the US title of this group of long-term infrastructure investors, merged with Puget Energy, PSE’s parent company to form the current business structure. Puget Energy is a holding company incorporated in the State of Washington.
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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