CEL Company plant to be sold to Thomson-Houston

[Trade Journal]

Publication: Electrical World

New York, NY, United States
vol. 11, no. 5, p. 57-58, col. 2-3,1


NEW ENGLAND NOTES.


BRANCH OFFICE OF THE ELECTRICAL WORLD,

48 Congress Street, Boston, Jan. 30, 1888.

Control of Electric lighting in Cambridge, Mass,

The Boston Journal, Jan. 28, contained the following: There is a lively contest going on in the Cambridge Electric Light Company. Not long ago the superintendent and several directors favorable to the American light system attempted to get possession of enough stock to secure a controlling interest. They succeeded in buying up 297 out of the 600 shares before the remaining directors learned what was going on. The latter immediately set to work to protect their own interests by an effort in the same direction. Within twenty-four hours from the time they started out they had secured pledges tor the remaining 803 shares of the stock. This stock is now being transferred to an agent, and when it is all in his possession it will be sold in a block to the Thomson-Houston Company, which will assume the management of the Cambridge plant.

--

Keywords:Cambridge Electric Light Company
Researcher notes:It is possible that insulators embossed C.E.L. Co. could have been made for the Cambridge Electric Light Company.
Supplemental information: 
Researcher:Bob Stahr
Date completed:July 16, 2009 by: Bob Stahr;