The North American Light and Power Company was a utility holding company formed in South Bend, Indiana and run since 1916 by its president, Clement Studebaker, Jr., of the family famous for the Studebaker automobiles.
[2] In one of his several executive positions, Clement Studebaker, Jr. served as Vice President of the E-M-F Company.
[1] North American Company had once been one of the original stocks in the Dow Jones Industrial Average.
[3] North American Light and Power remained under the ownership of North American Company for the next decade after Clement's death, as a major subsidiary holding company of other lines.
[4] North American Company was broken up by the SEC, following the United States Supreme Court decision of April 1, 1946.