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Public Utility Elects Board For 1956 Term At Edison
Detroit Edison stockholders elected all eleven directors for a one year term. Three new faces joined the board Thomas Foster Daniel Gerber and Raymond Perring were appointed to fill vacancies. The meeting also approved an expanded Employes Retirement Plan and Cisler reviewed 1955 results with higher earnings per share and a dividend increase. Forecasts through 1975 project sales beyond 27 billion kWh and 6.828 million kilowatts generating capacity with a new 300 000 kW turbine unit planned for St. Clair Plant built by Westinghouse and combustion engineering.
MENTIONED IN THIS ARTICLE
Detroit Edison
New York
Edison
Walker L. Cisler
William C. Foster
Washington, D. C
Daniel F. Gerber
Fremont
Michigan
Raymond T. Perring
Detroit
Cisler
Edison Company
Detroit Edison Control Department
St. Clair
Westinghouse
Combustion Engineering