The Portland daily press., 1884-06-20
American Electric and Illuminating COMPANY,
OF which the directors offer
10000 SHARES At PAR.
$40 Per Share.

During its active history of less than year and
half, this Company has established electric sta
tions for city and commercial lighting, in Boston,
Lowell, Worcester Fitchburg East Boston, Revere
Beach, and Cottage City, Mass. Providence, R. T.
Hartford, Conn; Portland, Old Orchard, and Lew
iston Me-; Montreal, Quebec, Peterboro', Brock
Vile and St. John, Canada all OF which are in sue
cessfu operation and in nearly all cases when COM
petition has been met, the sub companies established
by this company have succeeded in securing the
tire business of the rival systems very large and
profitable business has been successfully estab-
lished, and the American System is universally
acknowledged as giving the best Electric Light in
the field as well as being the most economical in
the use Of power.
During this time the Company has paid its regular
sensi-anpssGL dividends Of per cent? and tsoo
ira per cent sem-GnataL dividends, making it at
the present time sound - per cent. Investment
stock.
These results have been accomplished under un-
favorable circumstances, in a circumscrbed terri
tory, and with small working cash capital consd-
ering the extent and magnitude of the business
carried on, and in the face of a strong combined
influence against the Company from those having
inferior systems, which has now been entirely over
come.
Recently the Company has secured control of a
widely increased area of territory embracing near
ly ali of the United States east Of the Mississippi
River, and contracts for machinery and supplies
have been made at far more favorable figures than
ever before.
This arrangement guarantees dividends at least as
large as those paid hitherto, and as additional
capital is required to carry the work in the newly
acquired territory, the directors have decided to
offer to the public
100000 of the Preferred Treasury Stock.
This stock will be Sold at Par, $1,000
Per share, in lots to Suit purchasers.
Payment may be made at once, or IL
preferred, by installments as follows:
One-fOurth Cash.
One-fOurth in One Month.
One.fOurth In Two Months.
One.fOurth in Three Months from date
Of subscription.
The Construction of Central Lighting Stations for
City and Commercial lighting, and Isolated Plants
is business carried on by this Company exclusive
", and with its large experience and splendid ia
ciities it can build and equip Central Lighting Sta
TONS complete with Engines, Boilers, Dynamo
Machines, Lamps, Wire Structures and in fact
furnish every part of the material, quicker and
cheaper than any other company in the United
States.
Investors desiring a safe and highly profitable
security invited to invest in the Preferred Stock
Of this Company.
For further information, please call at the Com
pany's office, or address
EDWARD H. GOFF, President.
p Subscriptions to the new stock can be sent
direct TO the Companys Office, through any of the
following banks and banking houses, viz:
HENRY G.. CRANsToN & Co., Bankers Prov-
dence
H. S. COLLINS g. Co., Bankers, Collinsville, Conn.
G. B. WHITING & Co.. Bankers, Worcester, Mass
S. P. BURT g. Co., Bankers New Bedford, Mass.
UNITED STATES BANK, Hartford, Conn.
APPLETON NATIONAL BANK, Lowell, Mass.
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