New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-29
TELEGRAPH COMPANIl

M ENATTOSAL TELEGRAPUm
i FANH;|A new enterprise, to be knowssl
National Telegraph Company. has been ur15
Tith valuable franchises conferred by recent
congress. Tor the purpose OF ESTABLISHING
Lines OF Telegraph on all the principa, r.ilroa1
mai routes in the United States. The stock M
issued upon the same principle rs that of ih,l
chants Union Express Company, which ~
commenced operations. The design Ia IN m
dn ite, entire business community in the enter
rms is done not SO much to disco of the NIX
which the lines pass. "a
The capital is TO be sIOOOOOoO in lcOOOO sb !,
sae PEI SaLue o. SlCO per share, but the 4
amount IS TO be paid as follows: One per ~
tne par az the time OF subscribing and M mon
" me entlre amount has been subscribed. and
on the calls to be made by the Board OF Dire
instruments not TO exceed five per cent ner mn
When thirty'i per cent of the mar vaIpe Il
shares mas been paid, certificates OF stock "
Issued; ms will give the Company paid mn
capital OF So 100000, which viii be sunbeam
pllcgte lines TO all or nearly all the paying n
reached By the present monopoly, =
The present Telegraph Companies of the co
nave oeen consolidated into one huge monJ
and are now earning six millions of dollars ne
or over one hundred per cent on the actual Il
thelr lines, their present capital having been
over one thousand per cent
lhe National Telegraph Company have a 80
tion from the United States Government al + u
portance OF their enterprise with arant ri N
valuable franchises ever conferred upon a teIss
company NO competing line has ever n
$3.50 t ~" :, SIlteu Dy congress TO TINS Com
construct aud operate lines over every railroa1
maj route in the United States. The posif
ms Company differs from that of any Uompany
before organized. The question Of the Rls
Way is forever settled US
The stockholders of this COMPANY can mt he
out or transferred to any other Coinpgny. nm
OF Congress under which this ComDaiv has ~
gained prohibits any transfer OF tie fraud
Calls on Stockholders will be as follows viz
per cent at the time OF subscription, and subsed
ca Us not exceeding FIVE PER CENT ner mont
VIII be made By the Directors from time 10 m
may be necessary to supply funds to construJ
qulp lines, but no calls will be made after mi
emit has been paid until the whole canitaI
hall have been sub, eribed.
1t ts confidently believed that thirty five No,
o. ~ me capital stock will construct and fullyd
Eo,DUU miles OF wire, which will connect ali I'M
mefclal centres and important places in the n
states. the opinion rssfs on the most relinM
lines 'A wv oHe Il
The National Telegraph Company is orv,.l
under the laws of tine Stale Of New YORK az
Ghises conferred 95s by an act of Congress, AMI,
. President-GEoRGE B. sENrER, of ol,u
city. - u y '~'''oi Nf
v Observation-Disclosures PRENTICE,
York city.
" secretsry-GEoRGE B. WALTER, d
York "
limited amount of the capital stock of this
pany is allotted to this locality, and those harH
opportunity, and subscribing, will be plaeej
equal terms with its corporators, and will secqaf
interest Ia all franchises which have accrued n
hereafter accrue, 10 the Company from any
Parties wishing to subscribe to .h's emit. rpri5
no tn9 subscription list at the FIRST MA md.
ANk. Springtield Illinois.