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Public Service Corp lands long lease amid Jersey mergers
In Trenton on May 22 the Public Service Corporation announced a long term lease of the South Jersey Gas Electric and Traction Company plant. The deal guarantees dividends from 3% to 8% for six years, then rising. The South Jersey firm operates gas and electric plants in Camden and other towns, with management to move from Newark. Separately an expedition led by Dr Frederick A Cook aims to explore Mount McKinley from Philadelphia and New York.
MENTIONED IN THIS ARTICLE
Trenton
N. J
Public Service Corporation
North Jersey Street Railway Company
North Jersey
South Jersey Gas, Electric and Traction Company
South Jersey
Camden
South Jersey Company
Newark
Mount McKinley
New York
Geographical Society of Philadelphia
Arctic Club of New York
Frederick A Cook
Brooklyn
Peary
Alaska Mountains