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KENTUCKY 1929 American Fuel and Power Company Stock Certificate
$ 20.59
- Description
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Description
Dated March 28, 1929.The company was incorporated in Delaware in 1928
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It was organized for the purpose of acquiring the capital stock of the debtors, Kentucky Fuel Gas Corporation and Inland Gas Corporation, which objective was achieved by an exchange of its shares for a majority of the stock of the other two corporations. It also sold to the public ,000,000 of its 7% notes, the proceeds of which were loaned its two subsidiaries and used to acquire additional gas acreage and to build gas transmission pipe lines..
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