Documentary History of American Water-works

Introduction Historical Background Chronology Geography Biography Technology Ownership and Financing General Bibliography

Ownership and Financing of American Water Works
Consumers Water Company.

Consumers Water Company

The Consumers Water Company was incorporated on February 18, 1926 by George F. and Vernon F. West, partners in George F. West & Son, a well-known and highly successful water utility construction and management firm; Herbert Payson and Harold C. Payson, partners in H.M. Payson & Company, the largest and most influential underwriter of utility firms in America at that time; William B. Skelton, a lawyer who previously served as chairman of the Maine Public Utilities Commission; Philip Burgess, one of the principals from an engineering firm that designed water utility pumping stations and other facilities for the water utilities industry; and James W. Coburn, a businessman with extensive experience in accounting.

By 1930 the new company has acquired 12 water companies, many of which were already owned or controlled by H.M. Payson & Company or George F. West & Son.  No further water companies were acquired until 1959.

The Philadelphia Suburban Corporation acquired Consumers Water Company on March 10, 1999.  Philadelphia Suburban was renamed Aqua America in 2004. 

The following table shows companies that were bought and sold by the Consumers Water Company:

City
State
Company
Bought
Sold
Kankakee IL Kankakee Water Company 1926
Orono ME Penobscot County Water Company 1926 Sold to Orono-Veazie Water District in November 1976
Sharon PA Shenango Valley Water Company 1926
Masury OH Masury Water Co 1926
Beaver Falls PA Beaver Valley Water Company 1926
Delaware OH Delaware Water Co 1927 Sold to city of Delaware on October 29, 1936
Girardville PA Consumers Water Company of Girardville 1927
York Shore ME York Shore Water Co 1927 Sold to York Water District in 1929
Plattsmouth NE Plattsmouth Water Corp. 1928 Sold to city of Plattsmouth in 1943
Hudson NH Hudson Water Co. 1930 Sold to town of Hudson in 1998
Waterport ME Winterport Water Co. 1930 Sold to Winterport Water District in 1969
Freeport ME Freeport Water Co. 1930 Sold to Connecticut Water Service, Inc. in January, 2012.
Roanoke VA Roanoke Water Works Co 1930 Sold to the city of Roanoke on April 30, 1938
Springfield MO Springfield City Water Company 1930 Sold to the city of Springfield on December 30, 1957
Camden & Rockland ME Camden & Rockland Water Co 1959 Sold to Connecticut Water Service, Inc. in January, 2012.
Newport ME Newport Water Company 1963 Sold to Newport Water District in 1980.
Wilton ME Wilton Water Company 1964 Sold to Wilton Water District in 1983.
Wiscasset ME Wiscasset Water Company 1964 Sold to Connecticut Water Service, Inc. in January, 2012.
Damariscotta ME Damariscotta Water Co. 1964 October 30, 1994
Blackwood NJ Blackwood 1964
Hamilton Square NJ Hamilton Square 1965
Wanakah NY Wanakah Water Co 1965
Oakland ME Oakland Water Co. 1968 Sold to Connecticut Water Service, Inc. in January, 2012.
Sayre PA Pennsylvania Water Co 1968
Phillipsburg PA People's Water Co of Phillipsburg 1968

Kezar Falls ME Kezar Falls 1971 Sold to Connecticut Water Service, Inc. in January, 2012.
Massillon and others OH Ohio Water Service Co 1973
University Park IL University Park Division 1984
Shamokin PA Roaring Creek Water Company 1985
Danville IL Inter-State Water Company 1986
Woodhaven IL Woodhaven Utilities Company 1987
Califon NJ Califon Water Company 1987
Candlewick Lane Association IL Candlewick water system 1988
Hartland ME Hartland Water Co 1996 Sold to Connecticut Water Service, Inc. in January, 2012.
Bucksport ME Bucksport Water Co. 1996 Sold to Connecticut Water Service, Inc. in January, 2012.
Merger PA Mercer Water Co 1996
Blackwood
NJ Lakeland Hospital water system 1995
Rapho Township PA Rapho Township water system 1994

References
1979 Consumers Water Company Annual Report

1983 "A Brief History of Consumers Water Company," by Brian M. Mullany, Water:  Voice of the National Association of Water Companies 24(4):28-31 (Winter, 1983)

1984 Eighteen Years of Progress: The History of Consumers Water Company Under the Direction of John W.L. White

1986 Consumers Water Company Annual Report

1988 Consumers Water Company Annual Report

1988 Consumers Water Company: Not Just Another Utility, John Van C. Parker

1994 SEC Form 10-K for Consumers Water Company, December 31, 1994

1996 SEC Form 10-K for Consumers Water Company, December 31, 1996

1996 Consumers Water Company History







2019 Morris A. Pierce