The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1926-05-11
LIGHTING COM PANY TO
OFFER ADDITIONAL
PREFERRED STOCK.
Local Investors Will Again Have
Opportunity to Purchase this
Reliable Security.

RELIABLE security.
Atlantic City Electric Company
has announced that it has once
again issued a limited number of
shares of Preferred Stock to be
offered to customers and other
residents of the territory served
by the Company. AS heretofore,
the stock will be sold by the en-
ployes of the Company.
The Company first offered it's
stock to customers and other local
people in February, 1921, and
whenever the Company has offer
ed stock for sale every share has
been sold within a few days. That
the confidence thus shown in the
company by it's customers has
been justified is indicated by the
fact that they have always receiv-
ed their dividends every three
months. In fact, the Company
has never failed to pay dividends
on it's Preferred Stock ever since
the first shares were issued more
than sixteen and one-half years
ago.
The price of the new issue is
$4,000 and accrued dividend per
share, which is an increase over
the price of previous issues. Pub
lie utility securities of this class
are in great demand and the price
at which former issues were sold
is below the prevailing market for
this high-grade type of invest
ment.
Those who we're fortunate en-
ough to purchase Atlantic City
Electric Company Preferred Stock
during previous sales now hold a
security worth considerably more
than they paid fot it.
1t is not possible for local peo-
pie to obtain any other investment
of this kind without going to the
arge financial centers of the coun-
try. With Atlantic City Electric
Company Preferred Stock one has
the distinct advantage of invest
ing in a local industry and at the
same time obtaining a security
which it would be difficult to sur
pass for safety and for dependa-
bility of income.
At the present price of the stock
the. dividends, which are paid ev-
cry three months, amount to so
a year.. Checks r mailed to
stockholders every February l.
May 1, August 1 and November 1.
From the time when electricity,
the wonder-worker of the age, was
first put into general use the cleo
trio light and power business has
offered an outstanding investment
field. Electric light and power Sc
curities commend themselves be-
cause of their fair return and
their safety.
The eagerness with which in
vestors, both large and small,
have continually invested in the
electric light and power business
bears testimony to the stability of
the industry. A recent census
showed that there were more than
947, $50 shareholders in the varl-
Gus light and power companies
throughout the country and their
investments represent more than
1852, 100000.
Atlantic City Electric Company
Cumulative Preferred Stock sat
isles every requirement of the
careful investor. The business
of the Company, that of furnish
ing electricity, is a vital necessity
to the community and the de-
mand for it's services is constant
ly increasing. This is striklngly
shown by the increase in the num-
Der of customers. During the
calendar year of 1921 the Com
pany served electricity to l4,677
consumers, while it's customers
on March 81, 1925 numbered 49,
COG.
The Company's power plant,
with it's immense machines for
generating electricity and other
properties, are of a value far in
excess of the amount of stock
outstanding or offered for sale,
and it enjoys the good will and
confidence of it's customers. Res
idents of this section may exam