The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1867-08-28
KIND OF LINE TO BE BUILT.

Ha The Company propose to construct their lines
in the most substantial manner possible. All
material used will be Of the most approved kind
and quality, and the work Aof Construction will
be done by the company, under the immediate
supervision of practical men, of long experience
in constructing and managing telegraph lines,
who will be instructed to spare no pains to make
every portion of the work of the very best char
actor. ....sa AGe.,-
o. CAPITAL STOCK. .i-
The capital stock of the company is One Mil
lion of Dollars, and is divided into shares of one
hundred dollars each. The company desire to
distribute the stock in small amounts among the
business men along the entire length of the line,
in order to their interest in the welfare Of
the company, and to secure to them, IT'S patrons,
their share Of the profits from its business.
r. aGs ASSESSMENTS OF STOCK.
Only FIVE per cent of the stock will be required
TO be paid in at the time of bseri tion an asub
seauent calls will not exceed ten per cent. per
month. After the first payment of five per cent,
no further call win be made until Five Hundred
Thousand Dollars shall have been subscribed.
The company confidently believe that they win
not be compelled to call in more than fifty or six
ty per cent of the subscriptions in order to place
the line in complete working order.
fr.rf DIVIDENDS. ....
- From carefully prepared estimates based upon
the amount of business done by the companies
koN III uferaIiou, lheAi eQudt share
of the business between competing points, the
company confidently believe that large and re-
Taneratiye dividends can be made !; and they
further believe that taking into consideration the
great advantages which they will possess in q
short and direct route they will be able secure
nearly adj the business along the line which will
place the stock Mt high premium. and make il
one of the best investments TO be found. -,4.-
$50 sazMHEN To h q DON is.
Theicompany propose to commence work Mt an
early day, and to push it forward as rapidly as
possible and intend to have theirlines completed
without delay, -. --,.-.-.-. -..7-s-.-.,
DISTRIBUTION OF DIRECTORS
The stockholders will be represented by Direc.
tors ut the principal points of the line
e4s af THE PROSPECT d.tfg ST
Is most fatterng. The location Of the line il
one of the best in the country. 1t passes through
large number of important cities and towns where
commercial intercourse is large and rapidly in
| ereasIng. The country along the river is receiv.
ing constant accessions of wealth and population
and these viii bring an increase of trade which
/ must correspondingIy add largely every year tt
the business and profits of the company. An tho
old telegraph companies throughout the country
| are now, and have been, paying satisfactory div.
| idends, capital stock that has been repeated
eddy watered IF these companies, controlled b,
few wealthy individuals owning nearly all the
stock, do this, ii issquite reasonable to sup
pose that company, owned and MANAGED by il.
patrons, with its lines so desirabfy located snG
/ with a limited amount of stock can at least dt
\ equally as well. r.Ta-. ssa' ssa- 5a
The following act has been accepted by thi