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Washington Gas Light Co. issued to Billy Graham Evangelistic Association - 1977 dated Stock Certificate

Inv# GS1267A   Stock
State(s): District Of Columbia
Virginia
Years: 1967

Stock with superb 1850's style vignettes printed by American Banknote Company. Blacksmith, early 19th century buildings, including Capitol in the background, early Washington Monument. Issued to Billy Graham Evangelistic Association! Rare!!

WGL Holdings, Inc., is a public utility holding company that serves more than 1 million customers in the District of Columbia, Maryland, and Virginia. A subsidiary of AltaGas, it provides natural gas, electricity, sustainable energy, carbon neutrality and energy services, and also is engaged in natural gas exploration, production, and storage. The company operates four divisions: Washington Gas, WGL Energy, WGL Midstream, and Hampshire Gas. The company dates to 1848. Today, 19th-century traces of the company include the Civil War-era aqueduct across Rock Creek Park between Georgetown and Foggy Bottom and the gas and electric street lamps installed nearby.

Washington, D.C., was decades slower than some other eastern U.S. cities to move from candles or oil to natural gas for lighting. Baltimore was first, in 1816; New York City was partially lighted with gas in 1825. In 1840, when a gas company for Washington remained only a proposal, a U.S. Senate document argued for gas' salutary effect on the local economy: "fancy and other stores would introduce this light, and thus add to the cheerfulness of the public ways." Among the early proponents of gas was James Crutchett, who bought a house north of the Capitol grounds and lit it with gas. This drew the attention of Congress, which voted him $17,500 to light up the Capitol and helped encourage public support for wider use of gas. Read more at https://en.wikipedia.org/wiki/WGL_Holdings

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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: $89.00