Shown here is a fully paid and non-assessable preferred capital stock certificate #4 for 2 shares at $10.00 each, payable at 6% per annum , issued to Reed A. Mattern on October 22, 1913, signed by James P. Umholtz, Treasurer, and N. W. Aigler, President. This company was incorporated under the laws of the state of Delaware.
(Another Kearns truck line was manufactured in the 1920s. What and where? Answer next month.)
Answer to Last Month
The dynamo plant of the Beavertown Electric Company was located on South Center Street, now a vacant small lot.
In 1913, when Beavertown was still part of Beaver Township, its citizens wanted to have the electric company install street lights to be paid for by the taxpayers. In a referendum, the voters outside of the town felt this was uncalled for, and defeated the proposal. This action resulted in Beavertown petitioning the court to become a borough, and the court so granted it on November 14, 1914.
