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Nevada Power Co. - Las Vegas Nevada Stock Certificate

Inv# GS1192   Stock
State(s): Nevada
New York
Years: 1970's

Utilities Stock printed by American Bank Note Company. Interesting vignette of female figure holding a light over a small town in the background. Attractive!!! Available in Red, Green, Brown, Blue or Olive. Please specify color.

Nevada Power Company (NPC) was a Las Vegas-based company that produced, distributed, and sold electricity in the southern part of the state of Nevada. In 2005, it had over 700,000 electric customers in parts of three Nevada counties — a service area of more than 4,000 square miles (10,000 km2). In 1998, Nevada Power merged with Nevada's other major utility, Sierra Pacific Resources. It continued as a subsidiary of Sierra Pacific until 2005, when the company changed its name to NV Energy.

Nevada Power was founded on March 20, 1906 as Consolidated Power and Telephone, the electric and telephone company for the year-old town of Las Vegas. It split into two companies in 1929. The telephone company, Southern Nevada Telephone Company, eventually was acquired by Centel. It was later owned by Sprint and Embarq, and is now part of CenturyLink. The power company became Southern Nevada Power. In 1937, it became one of the first utilities to receive power from the Hoover Dam. As the Las Vegas Valley boomed in the 1950s, its power needs exceeded the power available from the dam, and Southern Nevada Power began building its own steam turbines. After buying the Elko-Lamoille Power Company, it was renamed Nevada Power in 1961. A year later, it became the first Nevada company on the New York Stock Exchange.

In 1999, the company merged with Sierra Pacific Resources of Reno, the main electric and natural gas provider for northern Nevada. The merged company retained the Sierra Pacific name, but moved its headquarters to Las Vegas. Read more at https://en.wikipedia.org/wiki/Nevada_Power_Company

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Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $10.00