USA ..Texas ..100 Shares ..Date 1949..ABNC..Mint..

      Size approx..7 x12 inches..

     Condition perfect..

    Basically this Company sold Electricity..

A brief company History:

Gulf States Utilities Company (GSU) is an investor-owned public electric utility serving more than 578,000 customers in a 28,000-square-mile region stretching from 50 miles east of Austin, Texas, to Baton Rouge, Louisiana.

GSU also provides wholesale service to six municipalities and three rural electrical cooperatives.

Gulf States generates, transmits, and distributes electric power derived from gas, coal, and nuclear sources.

The utility is a partner in Nelson Industrial Steam Company, a cogeneration facility near Lake Charles, Louisiana + also provides steam and electricity to a large industrial customer through an agreement with a cogeneration facility in Baton Rouge.

GSU has three diverse subsidiaries.

Varibus Corporation, based in Beaumont, Texas, operates gas pipelines within Louisiana and markets engineering and drafting technologies, such as computer aided design and engineering equipment and services, through Vari Tech, a Varibus division. GSG&T, a second subsidiary, owns and leases back to GSU a 520 megawatt gas-fired generating plant, Lewis Creek Station, located near Willis, Texas. GSU's third subsidiary, Prudential Oil & Gas, Inc., is a Houston-based drilling company that has been inactive since selling its oil and natural gas reserves in July of 1987..

 Incorporated under Texas laws in 1925.

 GSU traces its history to the pre-Civil War period  ( Before 1861)when the Baton Rouge Gas Light Company GSU's earliest ancestor, began operations.

Many small utility and transportation companies were formed during the next decades in Louisiana and southeast Texas.

Approximately 60 incarnations of firms link Baton Rouge Gas Light Company and the GSU of the early 1990s.

Thanks for your interest..

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