Introduction | Historical Background | Chronology | Geography | Biography | Technology | Ownership and Financing | General Bibliography |
Ownership and
Financing of American Water Works |
American Pipe Manufacturing Company |
The American Pipe Manufacturing Company was formed in Philadelphia in 1886 and incorporated in New Jersey on January 30, 1889. The company manufactured cement-lined wrought-iron pipe under the "Phipps Patent," and also designed and built water works for cities, towns, and village. A law passed in May, 1889 allowed companies incorporated in New Jersey to own stock in other companies, the first state allowing this. This made American Pipe the first water works holding company, nearly a year before the American Water Works and Guarantee Company was incorporated.
Proceedings of the Engineers' Club of Philadelphia 22(1) Back Cover (January 22, 1905) |
The company built systems in several cities, and its agents began to secure franchises starting in 1889 and over the next twenty years built or bought more than twenty water companies that it owned and operated, as shown on the following list:
City |
State |
Company |
Built |
Bought |
Sold |
Tallahassee | FL | Tallahassee Water-Works Co. | 1890 | Sold to city of Tallahassee on Oct 1, 1908 | |
Greenville | AL | Greenville Water Works Co | 1890 | Sold to city of Greenville on November, 1908. | |
Dawson | GA | Dawson Water Works Co | 1891 | Sold to city of Dawson in 1905 | |
Greenville | SC | Paris Mountain Water Co | 1891 | Sold to city of Greenville in 1918 | |
Springfield | PA | Springfield Water Co. | 1892 | Part of Aqua America | |
LaGrange | GA | La Grange Water Works Co | 1892 | Sold to city of LaGrange around 1914 | |
Opelika | AL | Opelika Water Works Co | 1892 | Sold to city of Opelika on November 12, 1910. | |
Milledgeville | GA | Milledgeville Water Company | 1893 | Sold to city of Miledgeville July 13, 1920. | |
Sumter | SC | Sumter Water Co | 1893 | Sold to city of Sumter on January 5, 1906 | |
Berkley | VA | Berkeley & South Norfolk Water and Electric Light Co. | 1894 | Consolidated with the Portsmouth, Berkeley & Suffolk Water Company in 1902; sold to American Water Works and Electric Co in 1904. | |
Wildwood | NJ | Wildwood Water Co | 1895 | Sold to city of Wildwood on December 11, 1915. | |
Clayton | NJ | Borough of Clayton Water Co. | 1895 | Consolidated into Clayton-Glassboro Water Co. in 1901; sold to Glassboro January 1, 1927; Clayton bought their part of the system in 1928. | |
Carlisle | PA | Carlisle Water Co | Incorporated in 1895, ruled out of existence by PA Supreme Court because the city held stock in the existing system. | ||
Glassboro | PA | Borough of Glassboro Water Co | 1896 | Consolidated into Clayton-Glassboro Water Co. in 1901; sold to Glassboro January 1, 1927 | |
Waukesha | WI | Waukesha Water Works | 1897 | Sold to city of Waukesha in 1907. | |
Neptune | NJ | East Jersey Coast Water Co. | 1898 | Consolidated into Monmouth County Water Co. in 1911; sold to American Water Works and Electric Co. on July 1, 1925. | |
Westville | NJ | Westville and Newbold Water Co. | 1898 | Sold to borough of Westville on June 29, 1926. | |
Norfolk | VA | Norfolk County Water Co. | 1899 | Sold to city of Norfolk on August 1, 1921. | |
Millville | NJ | Peoples Water Co of Millville | 1900 | Sold to city of Millville on December 7, 1920. | |
Mt. Vernon | NY | New York Inter-Urban Water Co. | 1901 | Sold to city of Mt. Vernon around 1922. | |
Mamaroneck | NY | New York Inter-Urban Water Co. | 1901 | Sold to Westchester Joint Water Works in 1927. | |
Charleston | SC | Charleston Light and Water Co. | 1902 | Sold to city of Charleston on October 1, 1917. | |
Neptune | NJ | Neptune City Water Co. | 1903 | Consolidated into Monmouth County Water Co. in 1911; sold to American Water Works and Electric Co. on July 1, 1925. | |
Texarkana | AR | Texarkana Water Corp. | 1904 | Sold to American Water Works & Electric Co. on March 1, 1926; sold to city of Texarkana in 1926. | |
Ocean Township | NJ | Ocean Township Water Co. | 1910 | Consolidated into Monmouth County Water Co. in 1911; sold to American Water Works and Electric Co. on July 1, 1925. |
The company changed its name to the American Pipe & Construction Company on March 1, 1909, and was forced into receivership by minority stockholders on September 27, 1917. The receiver was subsequently discharged on October 7, 1918, but the company engaged in no further expansion. In November, 1924. Clarence H. Geist bought a controlling interest in the company and divested all of the water works holdings except the Springfield Consolidated Water Company, which he renamed the Philadelphia Suburban Water Company. Philadelphia Suburban expanded their extensive system but remained as a wholly-owned subsidiary of American Pipe & Construction until the latter company was dissolved in December, 1938, several months after Geist's death. Philadelphia Suburban was later renamed Aqua America.
The American Concrete and Steel Pipe Company in Los Angeles was renamed to the American Pipe & Construction Company in May, 1942, but this company had no connection to the earlier firm.
References
1889 Articles of Incorporation of the
American Pipe Manufacturing Company, January 29, 1889.
1889 "A
Pipe Company Incorporated," Courier-Post (Camden, New
Jersey), January 30, 1889, Page 1.
Articles of incorporation have been filed in the county clerk's office by
the American Pipe Manufacturing Company, with an authorized capital of
$1,000,000, of which $2,000 is to be paid in. The company proposes
to manufacture patented hydraulic pipe and other pipes for use of gas,
gas, electric light, &c. The incorporators are Edwin F.
Partridge, Nathan B. Cox, William S. Perot, Jr., David J. Hoar, Joseph S.
Keen, Jr., and Charles S. Farnum, of Philadelphia, Joseph D. Hawley, of
Media; William M. Paul, Moorestown, and Clifford Stanley Sims, Mt. Holly.
1889 Engineering
Record 20(6):82 (July 6, 1889)
Tallahassee, Fla. - Water - George Saxon, Secretary of the water-works
company writes as follows, "Contract has been made with the American Pipe
Manufacturing Company of Philadelphia, to put in water-works."
1890 American Pipe Manufacturing Company, Certificate of increase of directors, February 17, 1890.
1890 Engineering
Record 22:206 (August 30, 1890)
Greenville, S.C. - Reports say that the American Pipe Manufacturing
Company, of Philadelphia, Pa., which has a contract to construct
water-works in Greenville, will organize a stock company to operate the
plant.
1890 "Makers
of Wrought-Iron Cement-Lined Pipe," Engineering Record
22:282 (October 4, 1890)
New Haven Water Pipe Company are not the only makers. The New York
Pipe Manufacturing Company also makes it.
1891 Engineering
Record 23:415 (May 23, 1891)
Opelika, Ala. - The contract for putting in a system of water-works has
been awarded to the American Pipe Works, of Philadelphia. The work
must begin in six, and be completed in 12 months.
1891 Philadelphia
and Popular Philadelphians
Page 124: American Pipe Manufacturing Company.
The American Pipe Manufacturing Co. was originally established in
Philadelphia in 1886, but it was not until January 31st, 1889, that it was
incorporated under the laws of New Jersey with an authorized capital of
$1,000,000, of which $425,000 was paid in. It is one of the largest
and most enterprising companies of its kind in the country, and by able
and efficient management the success attained has been very satisfactory.
Properly speaking, the business of the company is two distinct and
separate branches, one being the manufacture of pipe for water, gas, and
other underground uses—the other, building and erecting complete systems
of water-works for cities, towns and villages. The latter is by no means
the lesser of the two, in fact it is probably the greater, as the
construction of works is attended oftentimes with considerable trouble,
and engineering difficulties which must be overcome to meet with success.
In addition to the manufacture of pipe, and the construction of water and
other works, the company will build works upon the franchise being duly
awarded to them by ordinances, and either operate them, or lease, or sell
them on such terms as may be convenient to the towns or cities in which
they have been built. The company's specialty in the manufacturing line is
the "Phipps Hydraulic Pipe;" no better pipe for all underground conduits
has ever been offered to the public.
Since the American Pipe Manufacturing Company have been engaged in
manufacturing this pipe they have constructed many water-works, the piping
system being exclusively laid with their pipe varying in quantity from 5
to 40 miles in each works, and either own stock in or control the majority
of them, among which are the works located at Derr, Pa.; Moorestown,
Riverton and Palmyra, N. J.; Greensburg, Irwin, Ridley Park and
Swarthmore, Pa.; Skaneateles and Jordan, N. Y.; Tallahassee, Florida;
Greenwich, Alabama; Greenville, S. C.; Dawson, Georgia, and many others
scattered about the country.
1892 Engineering
News 27:235 (March 5, 1892)
Ridley Park, Pa.- It is reported that the American Pipe Manufacturing Co.,
Philadelphia, has secured the contract of the Ridley Park Cold Spring
Water Co. The former company, it is said, is connected with a
project for consolidating several plants in the eastern and southern
sections of Delaware County. When the scheme is carried out one
pumping station will lift water to a reservoir from which the several
towns will be supplied by gravity.
1892 The
Philadelphia Inquirer, March 7, 1892, Page 7.
The American Pipe Manufacturing Company, of this city, will erect a
pumping station in the upper end of Delaware county.
1892 The
Philadelphia Inquirer, April 18, 1892, Page 7.
On June 4, a meeting of the stockholders of the Springfield Water Company
is to be held at Swarthmore College to vote upon the question of
increasing the capital stock of the company from $25,000 to
$250,000. The idea is to furnish water to all the towns on the P. W.
& B. Railroad down to Darby.
1892 The
Times (Philadelphia, Pennsylvania), June 16, 1892, Page 1.
All of the local water companies recently chartered in Delaware county,
including those in Upper Darby, Radnor, Ridley, and Springfield township
were merged yesterday into a single company, called the Springfield Water
Company, a corporation owned and controlled by the American Pipe Company.
1892 "A
Delaware County Water Deal," The North American, June 16,
1892, Page 6.
Special Dispatch to The North American.
Media, June 15. - The various local water companies of Delaware County,
which had been chartered recently, were merged to-day under one name, the
Springfield Water Company, a corporation owned by the American Pipe
Company, in which Francis M. Brooke, of the firm of F. M. & H. Brooke,
and Edward F. Partridge, of Philadelphia, and Joseph W. Hawley, Walker Y.
Hoopes and William H. Miller of Media, are largely interested. This
deal takes in all of the county companies, including those in Springfield,
Ridley, Darby, Upper Darby, Radnor and Haverford townships.
1892 Engineering
News 27:643 (June 23, 1892)
Delaware Co., Pa.- Companies supplying Clifton, Darby, Radnor, Swarthmore,
Ridley Park and some other towns in this county have consolidated as the
Springfield Water Co. The American Pipe Manufacturing Co.,
Philadelphia, is said to be behind the consolidation.
1892 "The
Greenville, S.C., Water-Works," Engineering Record 26:186
(August 20, 1892)
The work was begun in November, 1890, and completed in July, 1891.
1893 "A
Suburban Water-Works System," The Engineering Record
27:419-420 (April 22, 1893)
About a year ago, the Springfield Water Company was organized by members
of the American Pipe Manufacturing Company, of Philadelphia, to supply a
portion of Delaware County, Pa., extending from the limits of that city
out to Swathmore with a population of 400; Morton, 600; Rutledge, 400;
Ridley Park, 800; Folsom, 200; Holmes, 200; Moores, 1,000; Norwood, 1,200;
Sharon Hill, 500; Glenolden, 300; Llanwelyn, 200; Collingdale, 200; Darby,
3,000; Lansdowne, 1,000; Fernwood,700; Yeadon, 200; Clifton, 2,700, and
Highlands, 200; while a scattered population of about 1,000 makes the
total number served by the new company about 15,000, all situated on the
Philadelphia, Wilmington and Baltimore, the Philadelphia and Westchester,
and the Baltimore and Ohio Railway systems. Work was begun on the plant
about eight months ago and is now finished, there having been laid in this
time over 40 miles of pipe, about 11 miles of which was 10 and 12-inch.
The suburban population supplied by the company has developed quite
rapidly and is expected to increase considerably in the near future.
The supply is taken from Crum Creek, a stream draining a very sparsely
settled portion of Delaware County, at a point where the flow is expected
to always exceed 4,000,000 gallons in 24 hours. The pumping station is
supplied with hydraulic as well as steam pumping machinery. All the water
is being pumped through mechanical filters to a reservoir of 2,000,000
gallons capacity, located 220 feet above the level of the pumps. The
accompanying cuts render the details of this reservoir perfectly clear.
The static pressures due to the elevation of the distributing reservoir
are as follows: Morton, 86 pounds; Swarthmore, 79 pounds; Clifton, 91
pounds; Lansdowne, 94 pounds; Darby, 119 pounds; while at some low points
the pressure rises as high as 130 pounds. The pipe used was of the Phipps
wrought-iron, cement-lined form which has been employed with success in
about 15 other works constructed and owned by the company. Mr. J. W.
Ledoux was the engineer of the works, and to him we are indebted for
information on which the above description is based.
1894 Philadelphia Inquirer Sunday, Mar 18, 1894 Edwin F. Partridge president American Pipe Manufacturing Co
1895 Engineering
Record 31:267 (March 9, 1895)
Clayton, N.J. - W.A. Williamson, of Water Committee of Council, writes:
"The American Pipe Manufacturing Company, of Philadelphia, offered to
establish water-works for Clayton and Glassboro jointly, but Glassboro has
'backed out,' and they now expect to erect works for Clayton alone,
commencing work as soon as weather permits."
1895 Engineering
Record 31:357 (April 13, 1895)
Clayton, N.J. - The borough having made a contract with the American Pipe
Manufacturing Company, of 1319 Filbert Street, Philadelphia, to establish
a system of water-works, as referred in our issue of March 9, a water
company has been organized under the name of the Borough of Clayton
Water-Works. John M. Moore, Clayton, N.J., one of the incorporators,
may give information.
1895 American Pipe Manufacturing Company, Certificate of issue of capital stock to $600,000, June 27, 1895.
1896 Clifford Stanley Sims (1839-1896) grave
1896 Engineering
Record 33:494 (May 30, 1896)
Philadelphia, Pa.- The American Pipe Manufacturing Company, of
Philadelphia, Pa., has awarded a contract for a compound condensing
pumping engine to Roert Wetherill & Co., of Chester, Pa., and for a
filter plant to the Cumberland Manufacturing Company, of Boston, Mass.
(manufacturers of the "Warren" filters), for the Pickering Creek pumping
station of the Berwyn Water Company.
1897 Edwin F. Partridge (1833-1897) grave
1897 Geoffrey Pierre Denis (1842-1897) grave
1897 Engineering
Record 35:382 (March 6, 1897)
Norwood, Pa. - Press reports state that there is some talk of contracting
with the Springfield Water Co. to supply the whole borough, including the
fire plugs and the flushing of the sewers.
Page 307: The offices of the American Pipe Manufacturing Co., the
Springfield Water Co., the Eddystone Water Co., the Berwyn Co. and the Oak
Lane Water Co. have been removed from 1319 Filbert Street to the Fidelity
Mutual life Association Building, 112 North Broad Street, Philadelphia,
Pa.
1898 "A
Deep-Well Pumping Plant at Waukesha, Wis.," by J.W. Ledoux,
Engineering Record 37:343-344 (May 21, 1898)
In February, 1897, the writer was sent to Waukesha, Wis., by the American
Pipe Manufacturing Co to examine the water-works plant for the the purpose
of determining its purchase value, and in June, 1897, the works were
acquired and reorganized under the name of the "Waukeshaw Water Works."
1898 Articles
of Incorporation of the North Springfield Water Company, June 20,
1898.
Supplying water to the public in the Township of Springfield Montgomery
County, Pennsylvania, and to such persons, partnerships and corporations
residing therein or adjacent thereto as may desire the same.
1899 The
Times (Philadelphia, Pennsylvania), July 13, 1899, Page 8.
Drexel & Co. have purchased from the American Pipe Manufacturing
Company $100,000 of the 4 per cent. bonds of the Conshohocken Gas and
Water Company.
1899 "The Water-Works of Media, Pa.," by J.W. Ledoux, Engineering Record 40:618-620 (December 2, 1898)
1900 Moody's
Manual of Industrial and Miscellaneous Securities
Pages 580-581: The American Pipe Manufacturing Company
1900 The
Manual of Statistics: Stock Exchange Hand-book
Page 290: The American Pipe Manufacturing Co.
1901 American Pipe Manufacturing Company, Capital stock increased to $2,000,000, April 18, 1901.
1901 Moody's
Manual of Corporation Securities
Page 809: The American Pipe Manufacturing Company
Description of Property.— Incorporated under the laws of New Jersey,
January 31, 1889. The business of the Company is to act as contractors and
engineers for water works, to operate water works, and manufacture the
Phipps Hydraulic Pipe. The Company has a plant at Germantown Junction,
Philadelphia, and controls and operates the following water works:
Clayton Glassboro Water Company, Dawson Water Works Company, East Jersey
Coast Water Company, Eddystone Water Company, Greenville Water Works
Company, La Grange "Water Works Company, Miledgeville Water Company,
Norfolk County Water Company, North Springfield Water Company, Opelika
Water Works Company, Paris Mountain Water Company, Springfield Water
Company, Sumter Water Company, Tallahassee Water Works Company, Waukesha
Water Works, Westville and Newbold Water Company, Wildwood Water Company.
Capitalization.— The capital stock consists of $2,000,000 in shares of
$100 each, of which $1,000,000 is outstanding, and balance subscribed.
Dividends of 12% per annum are payable quarterly, April, July, October and
January 1. Transfer office, 112 North Broad Street, Philadelphia, Pa.
Management.— Officers: Joseph W. Hawley, President; Joseph S. Keen, Jr.,
Vice-President and General Manager; H. Bayard Hodge, Secretary; George M.
Bunting, Treasurer. Directors: J. W. Hawley, J. S. Keen, Jr., Howard
Watkin, G. M. Bunting, N. B. Cox, H. B. Chambers, George Reynolds, G. M.
Booth, William H. Miller, W. B. Scott, E. Eldridge Pennock.
Office of Company, 112 North Broad Street, Philadelphia, Pa.
1902 Moody's
Manual of Corporation Securities
Pages 1320-1321: The American Pipe Manufacturing Company
1903 Moody's
Manual of Corporation Securities
Pages 1341-1342: The American Pipe Manufacturing Company
1904 American Pipe Manufacturing Company, Capital stock increased to $5,000,000, March 24, 1904.
1904 "W.
W. Gibbs said May be Behind Filter Scheme," The Philadelphia
Inquirer, November 13, 1904, Page 1. | Part
2 |
American Pipe Manufacturing subsidiaries listed.
1904 Moody's
Manual of Corporation Securities
Pages 1241: The American Pipe Manufacturing Company
1905 Moody's
Manual of Railroads and Corporation Securities
Pages 1573-1574: The American Pipe Manufacturing Company
1906 Moody's
Manual of Railroads and Corporation Securities
Pages 1655-1656: The American Pipe Manufacturing Company
1907 "Water Project Has Backing of Big Corporation," The Post-Standard (Syracuse, New York), April 13, 1907), Page 6.
1907 Moody's
Manual of Railroads and Corporation Securities
Pages 1889-1892: The American Pipe Manufacturing Company
1908 Moody's
Manual of Railroads and Corporation Securities
Pages 2057-2058: The American Pipe Manufacturing Company
1909 American Pipe Manufacturing Company, Name changed to American Pipe and Construction Company, March 1, 1909.
1909 The
Fourth Annual Report of the Commissioner of Health of the Commonwealth
of Pennsylvania
Pages 879-893: The Springfield Consolidated Water Company
Pages 894-906: The Springfield Water Company
1909 Moody's
Manual of Railroads and Corporation Securities
Pages 1655-1656: The American Pipe Manufacturing Company
1910 Moody's
Manual of Railroads and Corporation Securities
Pages 2461-2463: American Pipe & Construction Co. Name changed
March 1, 1909.
Page 2183: Springfield
Consolidated Water Company, incorporated January 27, 1905 in Pa as
the Rydal Water Co.; name changed to present title July 27, 1908.
The company leases the Springfield Water Co., The North Springfield Water
Co., the Eddystone Water Co., and the Conshohocken Gas & Water Co. for
99 years from Sept 28, 1908.
1911 Moody's
Manual of Railroads and Corporation Securities
Pages 2673: American Pipe &
Construction Co.
Page 2353: Springfield
Consolidated Water Company
1913 Moody's
Manual of Railroads and Corporation Securities, Volume I,
February 24, 1913.
Pages 2292: Springfield Consolidated Water Company
1913 Moody's
Manual of Railroads and Corporation Securities, Volume II
Page 4036: American Pipe & Construction Co.
1914 Moodys
Manual of Railroads and Corporation Securities. Volume 2, Part
1
Page 1275: American Pipe and Construction Co.
1914 Moodys Manual of Railroads and Corporation Securities. Volume 2, Part 2
1914 "Charleston
Water Problems," by John W. Alvord, C.E., Fire and Water
Engineering 56(25):431 (December 16, 1914) | also
here |
As a result of this conference, in 1902, a franchise was drawn up between
the City of Charleston and the American Pipe and Construction Company, and
Mr. J. W. Ledoux, chief engineer of the construction company, visited
Charleston, and made detailed surveys, estimates and reports of the most
feasible methods of supplying Charleston with water.
1915 Moodys
Manual of Railroads and Corporation Securities. Volume 2, Part
1
1915 Moodys
Manual of Railroads and Corporation Securities. Volume 2, Part
2
Page 2076: American Pipe & Construction Co.
1915 Poor's
Manual of Public Utilities; Street, Railway, Gas, Electric, Water,
Power, Telephone and Telegraph Companies
Page 722: American Pipe and Construction Co.
1916 Moodys
Manual of Railroads and Corporation Securities, Volume 2
Page 954: American Pipe & Construction Co, Inc.
1917 The
Bamberg herald, March 29, 1917, Page 1.
Charleston on Tuesday voted to purchase the property of the Charleston
Light and Water company for $1,360,000 and to issue $140,000 in bonds for
the improvement of the plants which will now be run by the municipality.
1917 Moodys
Manual of Railroads and Corporation Securities. Public Utility Section.
Page 735: American Pipe & Construction Co, Inc.
1917 Scattergood et al. v. American Pipe & Construction Co., 247 Fed 712, December 18, 1917, District Court, Eastern Distrit of Pennsylvania
1918 Moodys
Manual of Railroads and Corporation Securities. Public Utility Section.
Page 9: American Pipe & Construction Co, Inc.
1918 Charles A. Hitchcock v. American Pipe and Construction Company, 89 NJ Eq 440, November 9, 1918, New Jersey Equity Reports
1918 Letter
to the Stockholders of the American Pipe and Construction Company,
December 9, 1918, by Robert Wetherill, President..
On October 7th, 1918, under a decree of the United States District Court
for the Eastern District of Pennsylvania, and under a decree of the
Chancery Court of the State of New Jersey, the Receiver was discharged and
the assets and business of the Company again came under the jurisdiction
of your Board of Directors.
At the time of the appointment of the Receiver in September, 1917, the
United States Court appointed Appraisers to appraise the assets then owned
by the Company, whose report, which is filed with said Court, shows the
net value of each share of stock as $44.55, which value is approximately
the same as was shown by the Company's books at that time.
1919 Letter
to the Stockholders of the American Pipe and Construction Company,
January 4, 1919, by Robert Wetherill, President.
At a special meeting of the Stockholders, held on December 23rd, 1918,
33,475 shares out of a total of 47,943 shares outstanding were represented
in person or by proxy. All of the shares represented voted unanimously in
favor of a resolution authorizing the reduction in Capital Stock of the
Company from five million ($5,000,000.00) dollars to two million five
hundred thousand ($2,500,000.00) dollars by reducing the par value of each
share of stock from one hundred ($100.00) dollars to fifty ($50.00)
dollars.
1919 Moodys
Manual of Railroads and Corporation Securities. Public Utility Section.
Page 383: American Pipe & Construction Co, Inc.
1920 Moodys
Manual of Railroads and Corporation Securities. Public Utility Section.
Page 3: American Pipe & Construction Co, Inc.
1921 Moodys
Manual of Railroads and Corporation Securities. Public Utility Section.
Page 843: American Pipe & Construction Co, Inc.
1922 Moody's
Manual of Investments: American and Foreign
Page 261: American Pipe & Construction Company
Owns Clayton-Glassboro Water Co., Monmouth County Water Co., New York
Inter-Urban Water Co., Springfield Consolidated Water Co., Texarkana Water
Corp. and Westville & Newbold Water Co. The Norfolk Water Co., a
former subsidiary, was sold to the city of Norfolk on August 1, 1921.
1922 Moody's
Manual of Investments: American and Foreign
Page 261: American Pipe & Construction Company
Owns Clayton-Glassboro Water Co., Monmouth County Water Co., New York
Inter-Urban Water Co., Springfield Consolidated Water Co., Texarkana Water
Corp. and Westville & Newbold Water Co. The Norfolk Water Co., a
former subsidiary, was sold to the city of Norfolk on August 1, 1921.
1924 "Springfield
Water Co. may change hands," Delaware County Daily Times,
October 22, 1924, Page 1.
The Springfield Consolidated Water Company is one of a number of concerns
controlled by the American Pipe and Construction Company, of Philadelphia,
that may pass into the hands of the C.H. Geist Company, also of
Philadelphia.
1924 Commercial
and Financial Chronicle 119:1955 (October 25, 1924)
Amer. Pipe & Construction Co. - Offer to Stockholders
The company on Oct. 22 mailed a letter to the stockholders advising them
that an offer had been made by C.H. Geist, or C.H. Geist & Co., to
purchase their stock at $70 a share.
1924 Commercial
and Financial Chronicle 119:2289 (November 15, 1924)
American Pipe & Construction Co. - Geist Offer Accepted
Over 30,000 shares of American Pipe Construction Co., have been deposited
in accordance with the offer of C.H. Geist.
It is understood that a holding company shortly will be formed to take
over the American Pipe & Construction Co., control of which has just
been acquired by C.H. Geist, and that it will be merged with other Geist
properties.
1932 "J.W.
Ledoux Fatally Injured," The Swarthmorean, November 11,
1932, Page 4.
Struck by car while crossing the Baltimore Pike at Media.
1933 Moody's
Industrial Securities
Pages 633-634: American Pipe & Construction Co.
New York Interurban Water Co.: Incorporated under the laws of New
York, June 29, 1901. All property, formerly owned and located in
Westchester County, N.Y. was sold in 1927 to Westchester Joint Water Works
No. 1.
1934 "Robt.
Wetherill Dies at His Home in his 87th Year," Chester Times,
June 18, 1934, Page 1. | Part
2 | also here
|
After giving up the Wetherill plant, he was called in as receiver for the
American Pipe and Construction Company and straightened out the financial
affairs of this concern. After the receivership he was made president of
the company and saved the business for the stockholders.
1938 Moody's
Public Utility Compendium
Page 30: PHILADELPHIA SUBURBAN WATER CO. Control — American
Pipe & Construction Co.. a subsidiary of The C. H Geist Co., Inc.,
owns all the common stock. ... $233,754. OFFICERS— Pres., C. H. Geist;
V.-P B. D. Burrowes
1938 Moody's
Industrial Securities
Page 742: American Pipe & Construction Co.
1939 Moody's Industrial Securities
Page 3114: American Pipe & Construction Co. Dissolved, Dec.,
1938.
1942 The
Morning News (Wilmington, Delaware), March 5, 1942, Page 20.
Change of name. American Concrete and Steel Pipe Co. to American
Pipe and Construction Co.
1981 Water
runs downhill : a history of the Indianapolis Water Company and other
centenarians, by Marjie Gates Giffin ; Herbert P. Kenney, Jr.,
consulting editor. (251 pages, privately printed) [Not to be
confused with the shorter publication of the Newcomen
Society with the same author and title.]
Pages 70-87: Flamboyance. Chapter about Charles H. Geist.
1986 Reflections on Water: A Centennial History of Philadelphia Suburban Water Company, by Jerry A. Sacchetti
1987 From
Small Beginnings: A History of South Jersey Industries, Inc. and
South Jersey gas Company 1910-1985, by William A. Gemmel
Pages 9-24: Clarence H. Geist
2014 History of the Tallahassee, Florida public water system pre 1860-1920 : a reference work with comment, by William G Leseman
© 2019 Morris A. Pierce