Willapa Electric Company
Encyclopedia
The Willapa Electric Company was an electric railway and electric utility
company incorporated on August 2, 1913 as successor to the Willapa Harbor Railway, a 5.6 miles (9 km) electric street railway extending from Raymond
to South Bend, Washington
, in addition to other public utilities in the area: Twin City Electric Company and South Bend Electric Company. The company was to be capitalized
at $400,000. The organizers were J S Thornton, R L Fisher and M M Fisher. The company was controlled by the Cities Service Power and Light Company. Rail operations continued until July 1930.
In 1939, the company sold part of its electricity transmission and distribution network to the Bonneville Dam
.
In 1940, the company and Grays Harbor Railway and Light Company were both reportedly subsidiaries of Federal Light and Traction.
Electric utility
An electric utility is a company that engages in the generation, transmission, and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major provider of energy in most countries. It is indispensable to factories, commercial establishments,...
company incorporated on August 2, 1913 as successor to the Willapa Harbor Railway, a 5.6 miles (9 km) electric street railway extending from Raymond
Raymond, Washington
Raymond is a city in Pacific County, Washington, United States. The population was 2,975 at the 2000 census and decreased 3.1% to 2,882 at the 2010 census. The town's economy is based on logging and fishing, together with a limited amount of tourism....
to South Bend, Washington
South Bend, Washington
South Bend is a city in Pacific County, Washington, United States. It is the county seat of Pacific County. The population was 1,637 as of the 2010 census, a decrease of 9.4% from the 2000 census figures. The town is widely known for its oysters and scenery....
, in addition to other public utilities in the area: Twin City Electric Company and South Bend Electric Company. The company was to be capitalized
Market capitalization
Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...
at $400,000. The organizers were J S Thornton, R L Fisher and M M Fisher. The company was controlled by the Cities Service Power and Light Company. Rail operations continued until July 1930.
In 1939, the company sold part of its electricity transmission and distribution network to the Bonneville Dam
Bonneville Dam
Bonneville Lock and Dam consists of several run-of-the-river dam structures that together complete a span of the Columbia River between the U.S. states of Oregon and Washington at River Mile 146.1. The dam is located east of Portland, Oregon, in the Columbia River Gorge. The primary functions of...
.
In 1940, the company and Grays Harbor Railway and Light Company were both reportedly subsidiaries of Federal Light and Traction.