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This list is known to be incomplete (I'm working on it). Source: PUB Annual Report 1912-13 On 14 June 1922, the Digby EL Co. — Nova Scotia Power Commission Annual Report 1966, page 12 Eastern Utilities Limited was a holding company (it owned shares of other companies), not an operating utility company – it did not own any generating plants or transmission lines or any other equipment used in the production and/or distribution of electric power, it did not deliver electricity to anyone, and it did not send bills to electric power consumers. May 1940: Eastern Utilities Limited is an investment holding Company which owns all the issued shares of Canada Electric Company Limited; The Eastern Electric and Development Company Limited; and with the exception of 33 shares, all of the 11,254 shares (par value 0) of the Moncton Electricity and Gas Company Limited; also the majority of common (voting) shares of Maritime Coal, Railway and Power Company Limited; and all the issued shares of Joggins Coal Company Limited. Bangor's proceeds before brokerage fees would be nearly .6 million.
Where it appears below, "NSL" refers to the Nova Scotia Legislature. received official approval from the PUB to sell the whole of its undertaking to the Town of Digby. By Order In Council dated 9 June 1931, the name of the Sydney Mines Electric Co. Eastern Utilities Limited was incorporated in Prince Edward Island; it is included in this history of Nova Scotia electric companies because it owned companies in the electric power business in Nova Scotia — Canada Electric Co. The Managing Director of Eastern Utilities Limited is J. Other major warrant holders include the Mount Desert Island region at 8 percent, Waterville at 7 percent, and Brewer and the Midcoast sewer and water district at about 5 percent each.
All electric and natural gas holding companies are required to register with the Securities and Exchange Commission (SEC). Larger image Photograph of the original Nictaux hydro-electric power plant, probably taken in 1940. The proposed purchase of Bangor Hydro is NS Power's first U. NS Power will not be allowed to generate electricity in Maine because of the state's electrical restructuring rules.
Under PUHCA, the SEC regulates mergers and diversification proposals of holding companies whose subsidiaries engage in retail electricity or natural gas distribution. in November 1925, and the Gaspereaux River Light, Heat & Power Co. There is a rubber-stamped "Middleton, June 26, 1940" on the back of the print that was scanned for this gif file (probably stamped when the print was made). Bangor Hydro's stock was up .44 Friday, closing at .44.
Assuming the distribution system radiated in four directions, with the load divided equally among all four lines (the most favourable arrangement), each circuit would be carrying more than 20 amperes, and the voltage drop would be dramatic even over a distance of two or three blocks. Bethune's DC system, as he well knew, was not capable of reaching even to the town outskirts, but this was a startup operation, financed on a shoestring, and it was good enough to bring electric lights to the area for the first time.] The PUB report continues: The total capital cost of plant installed to date, including land and buildings, is approximately ,000. "The standard is that [the merger] doesn't have to benefit any constituencies, just that they aren't worse off," Briggs said.
The system has been in operation for five months and has at present 23 consumers connected with the expectation of serving a total of 40 consumers, together with nine 60-watt street lights. NS Power has not raised its electric rates in three years, he said, and plans on keeping them at their current level for the next two years.
Dictated perhaps by a dwindling timber supply, this mill was closed after less than two decades of operation. About 1885 Benjamin bought out the Calder and Freeman mill along with much of the timberlands upriver and around the lakes. Also see: Town of Bridgewater (municipal electric utility) Lunenburg County NSL 1897 chapter 103 — Act to incorporate the Bridgewater Power Co. NSL 1898 chapter 158 — Act to confirm the sale of the Bridgewater Electric Light, Water, & Power Co. "I can't tell you [who the others were] because I'm not at liberty to tell you," Briggs said.
Its maximum output was 55 kilowatts, the service operated only seven hours out of twenty-four, and, according to an ancient townsman (who was interviewed by Harry Bruce in the mid-1970s) "You could hardly see the light bulbs even when you turned them on," — translation: the voltage was well below the proper level which meant that the generating plant was overloaded, or the distribution circuits were inadequate, or both. Bangor Hydro will continue to deliver power, which many customers are buying through the utility under state-established standard offer service.The Wolfville Board of Trade (whose secretary, incidentally, was George C. Shaw, a brick manufacturer who was also president of the Wolfville Board of Trade, wrote many years later that Jodrey and Wright "never came back to report. Bangor Hydro was mandated to sell its generators under the state's restructuring of the electricity markets.Nowlan, a federal cabinet minister forty years later) decided somebody had to do something about the electricity supply in Wolfville. They found more than we had anticipated." They found a waterfall, formed a company (Gaspereaux River Light, Heat & Power Company), built a dam, installed a powerhouse, and built electric transmission lines out across the Annapolis Valley. Public Utility Holding Company Act of 1935, which provided for the regulation of utility holding companies by the Securities and Exchange Commission (SEC). Under restructuring Bangor Hydro became solely a transmission and distribution company.Unless otherwise stated, "Act" means an Act of the Nova Scotia Legislature. NSL 1882 chapter 61 — Act to incorporate the Eastern Development Co. NSL 1883 chapter 71 — NSL 1884 chapter 71 — NSL 1885 chapter 99 — NSL 1886 chapter 141 — NSL 1890 chapter 181 — To extend powers, as to Gas Works and Water Works, etc. Name changed 9 June 1931 from Sydney Mines Electric Co. Service area: Sydney and North Sydney and vicinity. Major PERC member communities that did not sign on to the original Bangor Hydro agreement and never held warrants are Newport, Ellsworth and Pittsfield, Landry said. REWARD As we are under considerable expense in repairing street lights that are maliciously broken, we offer the above reward for information that will lead to the conviction of the guilty parties. Incorporated on 26 January 1911 as Sydney Mines Electric Co. Bangor Hydro, a Maine company that is more than 100 years old, will become a wholly owned subsidiary of NS Power Holdings.