North American Light & Power Company (Indiana) Stock Certificate from 1943
North American Light & Power Company (Indiana) Stock Certificate from 1943
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Are the certificates authentic?
Are the certificates authentic?
Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.
This is a common stock certificate from the North American Light & Power Company, issued in 1943. It features a red border, a detailed vignette of a reclining Greek female figure leaning against an electric generator and holding a lit light bulb, and includes cancellation holes.
The North American Light & Power Company was a utility holding company formed in South Bend, Indiana, and run since 1916 by its President, Clement Studebaker, Jr., of the family famous for the Studebaker automobiles. The utility company remained a major subsidiary of the North American Company until that conglomerate's breakup by the U.S. Securities and Exchange Commission in the 1940s. By 1940, the North American Company had become a $2.3 billion holding company heading up a pyramid of 80 companies. It controlled ten major direct subsidiaries, including the North American Light & Power Company, which was one of the three major holding companies among the ten direct subsidiaries.
You will receive a certificate similar to the one shown in the photos. Each is an original issued stock certificate from 1943, featuring unique elements such as the red border, detailed vignette, and cancellation holes.
Condition may vary slightly, but all are authentic documents representing a piece of mid-20th-century American utility history.
Materials and care
Materials and care
Here are some quick tips to preserve your certificate for decades to come.
Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features.
Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.
Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.
Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.
Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.
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