The Peoples Water Company was formed in 1906. In 1907 it absorbed the Syndicate Water Company, which had purchased the Contra Costa Water Company and the Richmond Water Company in 1906, becoming the largest water company in the East Bay serving customers from Richmond to south Oakland. The company ran into financial trouble starting in 1914 during a serious drought, and its assets were ultimately sold to the East Bay Water Company as part of a bankruptcy reorganization in November of 1916. 2
In a 1909 reorganization, H. C. Capwell, Harry Leimert, Wickham Havens and others were elected directors. 1
"East Bay Water Company, Oakland, Cal. Organized under the laws of California Nov. 13, 1916. This Company is a successor in interest to the old Peoples Water Co., the property of which was sold on November 29, 1916 to the Reorganization Committee of the Peoples Water Co., which later conveyed it to the East Bay Water Co. The following is a summary of what each class of security received under the reorganization." 2
See Also
Links and References
- Water Company Organized Los Angeles Herald May 9, 1909
- Walker's Manual of Western Corporations, Volumes 1912-1923, page 111
- Transactions of the American Society of Civil Engineers 1916
- Transfer of Big Water Holdings San Francisco Call, January 31, 1907