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.

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Statements (32)

Predicate Object
instanceOf electric utility holding company
public utility holding company
associatedWith Samuel Insull
basedIn Chicago
businessModel holding company controlling numerous operating utilities
businessStrategy acquisition and consolidation of regional electric utilities
collapseContext Great Depression
contributedTo public and political backlash against complex utility holding company structures
controlledBy Samuel Insull
corporateStructure multi-tiered holding company system
country United States
experienced insolvency during the early 1930s
financingMethod extensive use of holding-company securities
highly leveraged capital structure
foundedBy Samuel Insull
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
regulatoryContext lightly regulated utility holding company era before the Public Utility Holding Company Act of 1935
relatedLegislation Public Utility Holding Company Act of 1935

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Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Samuel Insull employer Middle West Utilities Company
National City Lines acquired St. Louis Public Service Company (controlling interest)
linked to: Middle West Utilities Company