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131:. They paid $ 7MM for the seven elevenths of outstanding shares owned by North American. Walker was a broker who planned to resell his shares. Busch’s share was $ 1MM.
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and ten counties in eastern
Missouri. As an adjunct to its gas distribution business, the company operates an underground natural gas storage field, a
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street and home lamps was a primary, and innovative use of natural gas. In the 1800s, gas lighting began to displace candles and lamps that burned
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In 1909, North
American decided to sell Laclede Gas after lawyers advised they might be in violation of Missouri’s antitrust law.
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was under consideration as a possible buyer, but they were outbid by a consortium of St. Louis capitalists led by GH Walker and
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Laclede Gas Light Co was chartered in
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Laclede Gas and St. Louis: 150 Years
Working Together, 1857-2007
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Share of the
Laclede Gas Light Company, issued 24. May 1900
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Former components of the Dow Jones
Industrial Average
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storage cavern, and propane vaporization facilities.
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Non-renewable resource companies established in 1857
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178:St. Louis Globe-Democrat, February 5, 1905, p 9
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101:and gas cooking and heating.
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71:Laclede Gas Light Company
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