Sparta Electric Building, Sparta Tennessee
The Tennessee Railway, Light, and Power Company was formed in 1912 by banking houses in Chicago, Philadelphia, and New York. The company was chartered in Maine with $50,000,000 preferred stock and $20,000,000 common stock. The power-generating plants were operated by the subsidiary, Tennessee Electric Power Company (TEPCO), financed by $50,000,000 in fifty-year, five percent mortgage bonds. This reorganization gave TEPCO the hydroelectric property of the Eastern Tennessee Power Company and the assets of the Great Falls Power Company, consisting largely of a power site at Rock Island. Consolidation proceeded with acquisition by TEPCO of other small plants serving various towns. According to the study by historian William A. Doran, in July 1912 TEPCO purchased the Sparta hydroelectric plant of the Anderson-Tubb
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