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United Utilities, Incorporated (Early United Telecom and Sprint Company)  

United Utilities, Incorporated (Early United Telecom and Sprint Company)

Product #: unutin

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PRODUCT DESCRIPTION  
Beautifully engraved Specimen certificate from the United Utilities, Incorporated. This historic document was printed by the Security-Columbian Banknote Company and has an ornate border around it with a vignette of an allegorical man and woman flanking the company logo. This item has the printed signatures of the company's officers ( Paul H. Henson as President).



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Certificate Vignette



United Telecom was founded in 1899, by C.L. Brown and Jacob Brown, to deploy reliable, reasonably-priced telephone service to the rural area around Abilene. At the time, Bell service was expensive and poorly managed in rural towns. The Browns installed their first long-distance circuit in 1900, and chartered their own company, the Brown Telephone Company, in October 1902. In March 1903, they joined with 14 other Kansas independents to incorporate the Union Telephone and Telegraph Company, which would provide long-distance service to Kansas City.

In September 1911, C.L. Brown consolidated the Brown Telephone Company with three other independents to form a new alliance and the second largest telephone company in Kansas, the United Telephone Company, which controlled seven major telephone exchanges. He formed United Telephone and Electric (UT&E) in 1925 in order to purchase stock in subsidiary companies across widely scattered geographical areas, eventually controlling more than 68 other companies. More than two-thirds of these were telephone companies.

The Great Depression caused more than three million telephone subscribers to give up their phone service between 1931 and 1933. Consequently, UT&E suffered severe financial strain and had to seek protection to reorganize under the bankruptcy laws. All but six of his 85 companies, all battered by hard times, survived and some were showing profits again in 1936. During the reorganization, a number of companies were merged and later phased out. The reorganization plan received final approval in late 1937. UT&E was dissolved, and its assets placed under the new company, United Utilities, Incorporated.

Much of the credit for the basic soundness of UT&E must go to C.L. Brown. Over 30 years, he had built a reputation as a competent telephone and utility manager. Later, in 1964, when Paul H. Henson – a 1995 KBHF Contemporary Honors Award recipient – became president of United Utilities, Inc., he almost immediately reorganized the company in accordance with C.L. Brown’s belief that centralizing some of the company’s functions would result in greater efficiency, cost reductions, and growth.

In 1972, United Utilities changed its name to United Telecommunications. United Telecommunications was also known as United Telecom. In 1992, United Telecommunications adopts the nationally recognized identity of its long distance unit, changing its name to Sprint Corporation.

Sprint is a global communications company serving 23 million business and residential customers in more than 70 countries. With more than 80,000 employees worldwide and $23 billion in annual revenues, Sprint is widely recognized for developing, engineering and deploying state-of-the-art network technologies, including the United States' first nationwide all-digital, fiber-optic network. Sprint's award-winning Tier 1 Internet backbone is being extended to key global markets to provide customers with a broad portfolio of scaleable IP products. Sprint's high-capacity, high-speed network gives customers fast, dependable, non-stop access to the vast majority of the world's Internet content. Sprint also operates the largest 100-percent digital, nationwide PCS wireless network in the United States, already serving the majority of the nation's metropolitan areas. Founded in 1899, the company maintains its world headquarters in Kansas City.

Sprint is comprised of the FON Group and the PCS Group, representing the company's wireline and wireless businesses. The FON Group represents Sprint's core wireline telecommunications operations, which include long distance voice/data/Internet, international voice and data, local telephone, and product distribution and directory publishing businesses. It also includes activities related to the development of Sprint Integrated On-Demand Network (Sprint ION®), fixed wireless services and certain other ventures. The Sprint PCS Group consists of Sprint's wireless personal communications services operations approaching 100% nationwide PCS coverage.

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WASHINGTON, DC (January 26, 2012) - We are pleased to announce Scripophily.com has acquired the Old Stock & Bond Research Archives from Herzog & Co., Inc.  The asset purchase includes all archives, publishing rights and copyrights on obsolete research reference material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880.  John Herzog, President of Herzog & Co., Inc. said “My wife, Diana, and I are very pleased with this transfer to Scripophily.com, and know that Bob will continue his excellent work and spearhead the digitizing and reorganizing of this classic American research that we were always proud to have taken part in continuing.” 

Scripophily.com / Old Company  Research Service, successor to all material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880, is the leading provider of authentic stock certificates, autographs, and old company stock research services. Our company was founded by Bob Kerstein, CPA who is a member of the American Institute of Certified Public Accountants, California Society of Certified Public Accountants, and the Virginia Society of Certified Public Accountants.  We have been collecting and selling old stock and bond certificates since 1990. Scripophily.com started operating on the Internet in January 1996 with the goal to promote the history of old companies and help educate people about the wonderful hobby of collecting stock and bond certificates called Scripophily. 

We will always maintain our founding commitment to customer satisfaction and the delivery of an educational product with an enjoyable shopping experience.  Please let us know how we may be of service to you.



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