The Hickman courier., 1868-05-23

~ ~
Treasurer" Frs3 kg W.
/ Secretafy y.......-..............Ge .GeaFr
Geheral Superintendent....X XR4 So,
Engineer. Edwar&<<t :
DIRECTORS. ~
George-B. Senter, Ben H$55 !, l,e m NJ !, ?
min f Smith, Robert Sqnires = a |,
ter. ohm Coon, William CuilS eo'ln s" =
j Jaycox, Jacob Gould, Isaiah 2j !. .usorg
- Frost, Thomas Ewing jr, - ~ ~ -
fisll NKeyes, Fred'k Preniis i<r IN, IN
Buell. Edward W Serrell, Cl : o2is 8
Willis Phelphs, Erastus Cprn4
Thompson, Theodore F. Hall. -
EXECUTIVE coNNrl
Ben Holladay, George u Soner be
| Squares, John NJ J4ycox, Fl ~ t,S :,
George Walter, Isaiah Bloo
! Noble, Erastus Corning jr.
Principal Office of the Compan' pad
| way, New York. Rooms Ne
@E.DSHG>d
| 1t viii be seen by the sff r.
contained that the4sSss1iss5
/ pany a ffece. ~
commercial and BUSINESS
try imperatively demanding E< Il = Ioi
telegraph facilities at reas9haTffa1eJ -
Competition rersi.s uonopol
l. The whole telegraph system o tle L
States is now in the hands of oneA mpany
The evils inseparable from such aE.,fgantic
and dangerous monopoly are alret hum-
erous and increasing Relief can'oT found
only in Legitimate competition. .s-~
Distri5ution Of Sock
. II is proposed that the beneas ofkthis
company shall be enjoyed, not h5sa ieS fa-
vored persons, but by the busin3ss metz of
- II
toSpromote, aud whose liberal patronage
-. Insure It's success. 70 thissend it is
decided to place the Stock at all ccnmercial
points. IL viii be distributed To- Bankers,
Merchants, Manufacturers, andae ethers in
limited amounts.
The Copital StocE
a. Is Ten Millions of Dollars, divided into
shares of One Hundred Dollars each.
CiE-HOte to be Mgds.
4. One per ct OF the stock viii be required
on subscribing, and subsequent tails, not TO
exceed five per cent per month, will be
made BY the Beard of Directors, from time
10 time, as may be necessary 10 supply
funds to construct and equip the lines: but
no calls will be made after the one per cent
is paid until the entire capital stock shall
have been subscribed
actual Capita! Required
.. The company confidently believe that
thirty-hve per cent Of the capital stock will
construct and fully equip Twenty-Five Thou
sand miles OF "ire, which VIII connect all
me Toh'Inefclai eehters ana 'ihloflaht PAGES
,,r,on tho ,nos, raliabl. estimdtes and re.
snonsibIs ofTers 20 corstr,c,n ma cop;n tLe
lines.
G. In all cases the net earnings of this COM
Pahy VIII pe aPP4'ed 10 the pay Iheht OF al'i-
den"s on It's caeitai STOCK ana IN no event
" az eaIH'Hss DC ui'erIeu 10 the cohSuuc
HoH ol new Iihes.
Income.
with the stock In hands Of The artiye
business men of The countrv. cxertipq heir
Influence to augment it's business, aud wifh
range o. l"eIly-hYe Jh9sNe"d y ~, #
ttt go '"' i' tl'it
eii.Ns 'h'''. a. '"s,'''
i. i!esS IN I''s l9eiU' III
tire e"P'''' s'OeA'
Reasons for Tie Bci.t
G. Nav T.. f,unJ in the enormous prosts of
eevC,y corsi,Ier,Ile teIegranh lnp aperated
on this continent. The present telegraph
monopoly has "Natered'' its stock 40 he ex-
tent OF over one thousand Der cent On tie
amount paid in; and still it paws on tie
stock thus Inflated. satisfactory dividends
Our company y i'll duplicate all the remun-
srall's lines now operated oy the monepg- .i
All, ON ~ 80, ,,,s, Of ,,,. In
la-''''I44- 4'saSo'''
>. Inc existing telegraph ulohoPolles nave
never sought TO supply adequately the de-
L.. ,,a,.,oI a.ia,,ttp,e s,.L
:, ,, - =. - ;.F' ea;Ii,: .ns
,.a,I,,n+;,,, 80 80 Wb;Ie ,hei,. faciliI;.s
+, 80 -, -; -
.,1nIiI,, a.i,.o.o r,,ii ,he of,bo
,aIe-ra,b I,as conc ~ he nrodigions tnx
,,,,o1 IL con,n,.rc;a n ,acessit,es ~, ,beeoun-
try. An advance IN rates Is their UNIFORM
ex pedient for limiting the amount of their
business 10 their restricted facilities.
Increased Facilities and Lolrer Rates =,
IN rv.rv ;ntoll;sont man thovs that an
- -. ....s.,;7.. :.
= p, -. - -. ,I,,,,l,,a 80;
IL as,a1,,1v
business At fair rates than wnen il does
merely restricted business at exorbitant
and increasing rates The sncces" Of chea p 4
postage in Europe and America see'evsrs9sr
70 have been thought OF by the 4 Ser =
monopeifsts. It is believed that tfhS -
lines thepresent telcgraphle facilltie u ere
furESshed to the public at one-tenih ~ &c
prescM rates, the increase Of \rn
would Justify the change. PC Il
x4eIVE
onr fTo"osed Iefegraph'e hehgsi ;
II. trunk II es I rougnoIt IN q ed
otaees anu Aelt ,olies' " nlen snaii = NCF---
~ connect Mlih lines To Europe, As1s, fnu
South America: n9pz,l
bAen 10 De zone.
u -. Within one year from the timesX<k
capital stock is subscribed the compansseE
pect TO have finished twenty-five thSs1Tas4 I
miles of wires of the best materials e ,sip-
ed with instruments OF 'he la.est iMprs$e,
nents' ana the "hoie range IN -
operation