User:Leeking337/Commonwealth & Southern Corporation

The Commonwealth & Southern Corporation was a United States electric utility holding company controlled by J.P. Morgan & Co.. The company was incorporated in 1929, and it initially contained three other electric utility holding companies: the Commonwealth Power Corporation, Southeastern Power & Light Company, and Penn-Ohio Edison Company.

After divestiture of its subsidiaries over time, it was finally dissolved in YYYY.

Current
The Commonwealth and Southern Corporation, known today as the Southern Company, and the reorganized Electric Bond And Share Company (EBASCo) were both part of J. P Morgan's syndicate via his J.P. Morgan & Co..

Proposed
The Commonwealth and Southern Corporation, which owned several utility operating companies in the Midwest and the South, some of which became part of the Southern Company, and the reorganized Electric Bond And Share Company (EBASCo) were both part of J. P Morgan's syndicate via his J.P. Morgan & Co..

Commonwealth & Southern

 * 1929: Commonwealth & Southern incorporated in Delaware
 * YYYY: Commonwealth & Southern dissolved

Southern Company

 * 1924: Southeastern Power & Light Company formed
 * 1924?: Southeastern Power & Light absorbs Alabama Power
 * 1926: Southeastern Power & Light absorbs Georgia Power
 * 1929: Commonwealth & Southern acquires Southeastern Power & Light: "In addition to the Southeastern properties, Commonwealth & Southern had a variety of mid western utilities and one other southern one, the Tennessee Electric Power Company, whose service area was contiguous with Southeastern’s." Source: Encyclopedia.com
 * 1933: TVA formed
 * 1935: Public Utility Holding Company Act: all utilities under a holding company must be contiguous and integrated
 * 1947: Commonwealth & Southern Corporation dissolved? (See Ohio Edison timeline that implies that Commonwealth & Southern was still an entity in 1949.)
 * 1947: Southern Company incorporated

Ohio Edison

 * 1930: Ohio Edison incorporated by Commonwealth & Southern: an amalgamation of five Ohio utilities
 * 1930: Pennsylvania Power Company incorporated by Commonwealth & Southern: an amalgamation of some Pennsylvania utilities
 * 1944: Ohio Edison acquires Pennsylvania Power Company as its own subsidiary. (Ohio Edison was still a direct subsidiary of Commonwealth & Southern at this time.)
 * 1949: The SEC forces Commonwealth & Southern to divest itself of Ohio Edison
 * 1949: Commonwealth & Southern divests itself of Ohio Power Company
 * 1950: Ohio Edison acquires Ohio Power Company

Potential source material

 * Commonwealth & Southern Corporation. (1935). The Commonwealth & southern corporation and its subsidiary companies: a public utility holding company group; outline of history and development. New York: [publisher not identified.]
 * Southern Company at Encyclopedia.com
 * Ohio Edison at Encyclopedia.com