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Hawaiian Electric Co., 1924. Specimen Bond

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:250.00 USD Estimated At:350.00 - 700.00 USD
Hawaiian Electric Co., 1924. Specimen Bond
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Territory of Hawaii, 1924. $500 Specimen 6% Series A Refunding and Improvement Mortgage Coupon Bond, Black on blue border and underprint, Allegorical females at top flank company logo, Specimen overprints and POC's, XF-AU condition with splitting at fold lines, ABNC. Hawaiian Electric Company (often abbreviated HECO, pronounced HEE-coh) incorporated on October 13, 1891. Within about 16 years the utility had 2,500 customers on Oahu. By 1914 HECO had started rural service to the windward side of the island and was marketing electric products like refrigerators and flat irons. In 1937 HECO broke ground on its second power plant, and transmission lines soon crisscrossed Oahu.