Middle West Utilities Company
E579825
Middle West Utilities Company was a major early 20th-century American electric utility holding company associated with the expansion and subsequent collapse of Samuel Insull’s vast utility empire.
Statements (32)
| Predicate | Object |
|---|---|
| instanceOf |
electric utility holding company
ⓘ
public utility holding company ⓘ |
| associatedWith | Samuel Insull NERFINISHED ⓘ |
| basedIn | Chicago NERFINISHED ⓘ |
| businessModel | holding company controlling numerous operating utilities ⓘ |
| businessStrategy | acquisition and consolidation of regional electric utilities ⓘ |
| collapseContext | Great Depression NERFINISHED ⓘ |
| contributedTo | public and political backlash against complex utility holding company structures ⓘ |
| controlledBy | Samuel Insull NERFINISHED ⓘ |
| corporateStructure | multi-tiered holding company system ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| experienced | insolvency during the early 1930s ⓘ |
| financingMethod |
extensive use of holding-company securities
ⓘ
highly leveraged capital structure ⓘ |
| foundedBy | Samuel Insull NERFINISHED ⓘ |
| historicalRole | symbol of overexpansion in utility holding companies ⓘ |
| historicalSignificance |
its collapse was widely covered in contemporary financial press
ⓘ
its failure damaged investor confidence in utility securities ⓘ |
| industry |
electric power industry
ⓘ
public utilities ⓘ |
| influenced | development of U.S. federal regulation of utility holding companies ⓘ |
| knownFor |
being one of the largest components of the Insull system
ⓘ
complex network of subsidiaries ⓘ |
| notableFor |
collapse during the Great Depression
ⓘ
rapid expansion of electric utility holdings ⓘ |
| operatedInPeriod | early 20th century ⓘ |
| operatedInSector |
electric distribution
ⓘ
electric generation ⓘ electric transmission ⓘ |
| partOf | Insull utility empire NERFINISHED ⓘ |
| regulatoryContext | lightly regulated utility holding company era before the Public Utility Holding Company Act of 1935 ⓘ |
| relatedLegislation | Public Utility Holding Company Act of 1935 NERFINISHED ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.