The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1884-06-23
The attention of careful investors is called to the
Preferred Stock
or THE
American Electric and Illuminating Company,
OF which the directors offer
10000 SHARES AT PAR.
$40 Per Share.

During its active history Of less than a year and
half, this Company has established electric sta
tons for city and commercial lighting, in Boston,
Lowell, Worcester, Fitchburg, East Boston, Revere
Beach, and Cottage City, Mass; Providence, r. l.;
Hartford Conn; Portland. Old Orchard, and Lew
iston, Me-; Montreal, Quebec. Peterboro' Brock
vile and st. john Canada all OF which are in sue
cessful operation. and in nearly all cases when
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
se-onllatoL diUidends Of per cent. and ta0o er-
ira per cent. Senei-dnnaGL d0idends making it at
the present time sound IL per cent. Investment
stock.
These results have been accomplished under un-
favorable circumstances in circumscribed terri
tory, and with small working cash capital, consid
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
come.
Recently the Company has secured control of
widely increased area of territory embracing near
ly all 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
la ge 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, i'm lots TO Suit purchasers.
Payment may be made at once, or If
preferred, by installmeDts as follows:
One-fourth Cash.
One-fOurth in One Month.
One-fOurth in Two Months.
One.fOurth in Three Months from date
of subscription.
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 build and equip Central Lighting Sta
Machines, Lamps, Wire Structures and in tact
furnish every part of the material, quicker and
cheaper than any other company in the United
States.
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. S.-Subscriptions to the new stock can be sent
direct to the Companys Oice,o through any of the
following banks and banking houses, viz:
HENRY @. CRANSToN & Co.. Bankers, Provi-
dence.
H. S. COLLINS & Co., Bankers, Collinsville, Conn.
@. B. WHITING g. Co., Bankers, Worcester Mass
s. P. BURT s. Co., Bankers, New Bedford, Mass.
UNITED STATES BANK, Hartford, Conn.
APPLETON NATIONAL BANK, Lowell, Mass.
je1o eodt