Under another foreclosure , it was reorganized as the Houston Electric Company on October 26 , 1901 .
Under another foreclosure , it was purchased as a wholly owned subsidiary by the Boston - based engineering company Stone & Webster on November 1 , 1901 .
Under another foreclosure , it was reorganized as the Houston Electric Company on October 26 , 1901 , and purchased as a wholly owned subsidiary by the Boston - based engineering company Stone & Webster on November 1 , 1901 .