Continentale society for electrical companies

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The Continentale society for electrical enterprises , often shortened to Continentale , was a German company of the electricity industry with headquarters in Nuremberg , which existed from 1895 to 1927.

history

The company was founded by Elektrizitäts-AG formerly Schuckert & Co. on March 6, 1895 as a subsidiary in the legal form of a stock corporation . The purpose of the company was to build and operate systems for the use of electricity, i.e. basically to market important Schuckert products.

The original share capital of 16 million marks was doubled in 1897. In the period of high inflation after the First World War , it was increased by a further 2 million marks - which seems little compared to other companies. The general assembly of February 27, 1925 approved a capital conversion from 34 million marks ("paper marks") to 8,008,000 Reichsmarks . At that time, the board of directors was made up of Max Berthold and the engineer Richard Werner; Franz Keeser and Anton Fischer were deputy members. Prominent members of the supervisory board were Anton Rieppel , August von der Heydt , Gottlieb Langen and - because of the holdings in several transport companies in Wuppertal - the Elberfeld mayor Max Kirschbaum .

In 1927 the merger with the parent company took place, the Continentale was thus dissolved.

Interests and interests

In 1914, Continentale operated the power plants in Berchtesgaden , Günzburg and Jassy (Romania) under its own management . She also owned the Wuppertal suspension railway , the power station and the Mühlhausen tram and, until 1906, the Berlin – Hohenschönhausen tram . To round off her influence in Wuppertal, she also acquired shares in the Barmen-Elberfeld electric tram and in the Bergische Kleinbahn AG , which in turn took over the Elberfeld municipal tram . Other investments include the AG der Wiener Lokalbahnen , Elektra AG ( Dresden ), Rheinische Elektrizitäts-AG ( Mannheim ), Kraftwerke Westsachsen AG ( Zwickau ), Zwickauer Elektrizitäts- und Straßenbahn AG , Kraftwerk Thüringen AG ( Gispersleben near Erfurt) and Thüringische Elektrizitäts- und Gas-Werke AG ( Apolda ).

swell

  • The German electric trams, branch lines, small and horse-drawn trams as well as the electrotechnical factories, electricity works including auxiliary businesses owned by stock corporations , 19th edition 1916/1917. Publishing house for stock exchange and financial literature, Berlin / Leipzig / Hamburg 1917, p. #.
  • Handbook of German stock corporations , 30th edition 1925. Verlag für Börsen- und Finanzliteratur, Berlin / Leipzig 1925, Volume 1, pp. 1257–1259.

Individual evidence

  1. ↑ Erwin Stein, Hermann Luppe (Ed.): Nürnberg. (= Monographs of German Cities , Volume 23.) Deutscher Kommunal-Verlag, Berlin-Friedenau 1927, p. 297.