Columbia Gas and Electric Corporation - 1930's-60's Utility Stock Certificate
Inv# GS1086 StockUtilities Stock printed by American Bank Note Co. Beautiful vignette of a female figure holding a light bulb. 2 sizes available. Rare!!! Available in Green, Blue or Purple. Please specify color.
NiSource Inc., a prominent fully regulated utility company in the United States, serves approximately 3.5 million natural gas customers and 500,000 electric customers across six states. Its local brands, Columbia Gas and NIPSCO, operate through its extensive network of pipelines and related facilities. Headquartered in Merrillville, Indiana, NiSource employs over 8,000 dedicated individuals. Notably, as of 2018, NiSource stands as the sole Indiana-based utility company.
NiSource’s roots can be traced back to 1912 when it was established as the Northern Indiana Public Service Company. Over time, the company underwent several mergers, eventually becoming the Columbia Gas and Electric Corporation. However, under the Public Utility Holding Company Act of 1935, Columbia was compelled to reorganize its subsidiaries and eventually spun off its electric utilities, transforming it into the Columbia Gas System.
In 2000, NiSource merged with Columbia Energy Group, but in 2015, it underwent a significant restructuring and was spun off from Columbia Pipeline Group. The following year, Columbia Pipeline Group was acquired by TransCanada Corporation, while the Columbia Gas distribution companies remained under NiSource’s ownership.
NiSource’s natural gas utilities play a vital role in providing domestically produced natural gas to residential, commercial, and industrial customers across six states: Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. Their extensive network of nearly 60,000 miles of pipelines and related facilities ensures reliable and efficient gas supply to these customers.
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.








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