The Columbian fountain., 1845-11-13
MAGNETIC TELEGRAPH COMPANY

general meeting Of the Stockholders OF the Mag
netic Telegraph Company, formed for the pur-
pose Of erecting a line OF Morse's Telegraph be-
tween the cities of New York and Philadelphia,
with power Of extension to the Giles OF baltl-
more and Washington, was held al the Magnetic
Telegraph Office, in the city Of Washington
Atlour o'clock, r. M. Hon. AMOS KENDALL,
the President Of the former meetings the Com
pany called the meeting to order.
Is. B. FRENCH was appointed Secretary
Upon examination it was found that large
majority OF the stock was present.
Mr.. A. KENDALL stated to the Company that
he was in negotiation with gentlemen in the city
of New York for the purpose Of raising sufE-
clent sum of money to extend the line Of I'ele-
graph from Philadelphia TO Baltimore, with al
most certainty OF success; that, should the nego-
tatlon terminate tavorably, 1t would add many
members TO the Company, and he would there
tore suggest the proprety Of choosing a President
pro tenn. TO act until the next meeting Of the
Company.
Mr.. KENDALL also reported that the line of
Telegraph between the cities Of New York and
Philadelphia was in great lorwardness, and
would probably be completed, and open for the
transmission Of intelligence in few weeks.
Whereupon,
On motion Of Mr. GOLD,
Resolrea, That this meeting now proceed to
elect President, whose term OF office shall expire
at The next general meeting Of tho Company.
The meeting then proceeded to the election Of
a President, and the Hon. Amos KENDALL was
elected.
Mr.. KENDALL expressed his willingness to
accept the office agreeabiy to the terms Of tho
foregoing resolution.
Mr.. French, one Of the Trustees of the
Company, in conformity with the eleventh arti-
Gle OF the Agreement Of Association, submitted
the following
Rates cf Chrge on lie Ecctyo-,Magnetic Tele-
graph bet,cee,1 The cities of .Ncso York and
Phttadciphia.
For the transmission, writing out once, and de-
livery of every communication not exceeding ten
words, (eyery figure being counted as a word eX-
elusive Of the signature and address, the drec-
tions OF the writer as to the dispositions OF the
communication
50 miles and under. er...................I0 10 cents
Over 50, and not exceeding 100 miles. 10 do
From New York to Philadelphia. .... .25 do
From Philadelphia to New York. IS do
For all distances over 100 miles. .25 do
For every addition, not exceeding ten words,
the same rate OF charge will be made as on the
first ten.
REGULATIONS.
must be paid in advauce.
D. All communications to be sent by Telegraph
must be put IN writing and handed to the Mana
gers.
3. When communication is received by Tel
egraph it will be immediately written out and de-
lVered by carrier or put INTO the Post Office, or
retained until called for, the person sending it
may require,
A. The Telegraph Offices will be kept open for
business every day, from sunrise until ten o'clock
z. NJ, except the ordinary hours for morning and
afternoon service on the Sabbath.
5. The first to come shall be The first served
but no individual or combination Of individuals
shall have the use of the Telegraph for more than
fifteen minutes at one time when any other indi-
vidual is waiting,
6. The arrival of every steamer from Europe
shall be telegraphed gratis to every station o~he
line as soon as known at the station in New York
together with the prices in England, so soon as re-
ceived Of cotton, flour, and other staple articles
IN American produce, all which shall be posted
up on bulletin for public information.
Z. II any person in the service of the Magnetic
Telegraph Company shall knowingly be Instru-
mental, from motives of faporitism or gain in
sending false or supprcssing true information; or
shall have any interest," direct indirect in spec
ulations carried on through the nstrumcntality of
of the Telegraph; or shall dvulge the substance
of any private or confidential communication, not
criminal in its character; or shall give one ndI-
yldual or combination Of individuals preference
over another, otherwise than authorized by reg
ulation; or shall in any way violate or disregard
the duties which this Company owe 10 the citzens
and the community; he shail forthwith be discharg-
ed and held forever disqualified for employment
in its affairs.
g. 1t shall be the duty of the Managers of the
Telegraph, whenever the proper officers of the
States or Of the nlted States, or the police of
any city or borough, shall present communca-
ton with the amount of the established charge,
and shall allege that its immediate Transmission is
rendered necessary by the emergencies OF the
public service, or to promote the arrest of fugl-
lives from justice, or prevent the commission or
consumation Of crimes, TO give to said officers, il
need be, preference over private citizens in for
warding such communications.
Resoired by The Stockholders Of the Magnetic Iele-
graph C0npGN That the foregoing Rates of
Charge and Regulations be adopted, that the Trus-
tees cause them to be published in such newspa-
pers as they may deem proper
ReS0trcd, That, III the present state Of our in
formation, 1t is licNpcdlent TO adopt amy system to
regulate the transmission by telegraph Of general
news and Congressional and Legislative proceed
ngs; but, being anxious to consult the convenience
OF the newspaper press, we invite its Managers of
all sccts aLdpartcs, to a free Interchange Of views
on the subject, that before our line Shall be exten-
dcd TO Baltimore and Washington, we may if
possible, digest system which shall be lust to
ourselves and acceptable to them.
Which resolutions were unanimously adopt-
cd
On motion of Mr.. SIMON BRowN.
Rcsolped That the editors of the newspapers Of
thr citias nf hinptpr Ralti,y,n,o