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1959 English Electric Company Ltd

 

 

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Stock Code EEC01

  Certificate dated 30th June 1959, for 256 shares of 1 each in this electrical engineering company.

Issued to Henry Rundle Pulman of Horsepools, France Lynch, Stroud, Gloucestershire, with the printed signature of Lord Caldecote, company director. Blue and white certificate together with the seal of the company.

Certificate size is 25 cm high x 27 cm wide (10.5" x 11.5"). It will be mounted in a mahogany frame, with gold inlay, size 31 cm high x 39 cm wide.

The certificate is shown unframed as all items are mounted to order.

About This Company

  Note that although this item has now been sold, we may be able to acquire another one for you. Email us if you are interested in this stock

 

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  SOLD


2. UK Shipping is included in the price. If you are ordering from outside the UK click on the relevant button below to include shipping to your country - a shipping charge should be added for each framed certificate. Note that if your order is over 100 no shipping charge is required, regardless of destination address.

U.S. / Canada Shipping (10.00)
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3. At any time you can either view the contents of your shopping cart or check out by clicking below:

TO BUY THIS CERTIFICATE UNFRAMED :

1. Click on this button to add the item to your shopping cart.

  SOLD


2. UK Shipping is included in the price. If you are ordering from outside the UK click on the relevant button below to include shipping to your country. Only one shipping charge is required for unframed certificates, regardless of the amount purchased. Note that if your order is over 100 no shipping charge is required, regardless of destination address.

U.S. / Canada Shipping (5.00)

Europe Shipping (3.75)

Rest Of World Shipping (7.50)


3. At any time you can either view the contents of your shopping cart or check out by clicking below:

 

About This Company

The English Electric Co. was formed in 1918 from the merger of a number of companies, in the heavy electrical industry: Dick Kerr and Company (engineering), Willans & Robinson (diesel engines), the Phoenix Dynamo Manufacturing Company (small motors, alternators and generators) and the Stafford works of Siemens Bros.

English Electric was formed from these companies with capital of 5 million, more than any other British electrical company at the time.

Although English Electric made a modest profit in its early years, by the mid-1920s it was in decline.

1930 Boosting Profits

In 1930 George Horatio Nelson (later Lord Nelson), the forty-three year old general manager of the Sheffield works of Metrovick, was offered the job of Managing Director. At the time it looked almost certain that the company would go into liquidation, as many of the works were old and the machinery out of date.

Throughout the 1930s, English Electric was almost entirely dependent on the manufacture of heavy electrical equipment. The main products were water and steam turbines, generating sets, switchgear, transformers, and electrical equipment for electric and diesel-electric locomotives, ships, trams and trolley buses, industrial diesel engines and rolling mills.

In 1936 it began supplying trains and in 1938, as the country prepared for war, it moved into aircraft manufacture at the Government's request. This helped English Electric achieve record profits and was part of the company's contribution to the war effort. At the beginning of WWII English Electric had total assets of around 7 million rising to 16.5 million by 1945. English Electric had become one of the largest engineering companies in the country.

1948 First British Jet-Propelled Bomber

Although the end of the war meant the cancellation of aircraft orders, George Nelson, Managing Director of English Electric, decided to stay in the business and build up the design and development team. This long and expensive process paid off when on May 13, 1948 the first jet-propelled bomber ever produced in Britain flew for the first time.

The 'Canberra' was the most advanced aircraft in the world and the most successful British aircraft ever designed in peacetime.

1946 Bought Marconi

To reduce dependence on aircraft orders Nelson bought the Marconi Company in 1946. But despite being the best run of the three UK electricals, by the end of the 1950s English Electric had the most severe long-term problems.

The cut-backs in Government defense spending meant that English Electric's diversification into military aircraft was under pressure and the major proportion of its resources was still committed to heavy electrical products.

Nelson attempted to move the company into lighter electrical engineering in 1960 by trying to merge with GEC but GEC's management resisted and the merger fell through.

In 1968 this merger did take place, this time at GEC Managing Director Arnold Weinstock's instigation.

source: www.marconi.com

 

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