Ralph and Chleo Jarvis bought a ranch southwest of Salina.Continue reading
In 1928 and 1929, Public Utility Investment Company continued to thrive, growing even faster than before. Acquisitions increased several hundred percent during these two years.Continue reading
Ralph and Chleo Jarvis settled into a new way of life in Salina. They were in a home of their own.Continue reading
Acquisitions were booming. Investment sales were booming. Home office staff was booming.
Public Utility Investment Company invested in a much larger office. It was on the second floor of businesses along Santa Fe Avenue, the main street in Salina.
Nathan Jones had organized The Public Utility Investment Company (PUIC) in 1924. It was used to purchase the assets of States Power Company in Oklahoma, and then to sell the assets to the newly formed United Power Company.
Nathan Jones focused on his vision for the new Public Utility Investment Company. In late 1924, Jones moved his family from Abilene to Salina, Kansas. He opened a two-room office on the third floor of a bank in downtown Salina.