The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1868-08-08

nc &tltDee4 tN4tt|tr Il
IL. The shareholders in this organisation /
will be many times more numerous than
those Of any other telegraph company, and
viii be Interested IN its business and sue
cess We shall establish only direct trunk
routes required by the business of the coun-
try. We shall incur no liabilities beyond
our means in the treasury; and we hope by |
energy, economy, dispatch, and earefnl
management to be enabled to compete sue |
cessfully with the present consolidated |
monopoly, and to furnish the public cheaper
and better facilities Of telegraphic commun-
ication-
TAe Prospect
Is. The business of telegraphing is in its
infancy. Il must rapid2 increase in the i'm
mediate future and yield still greater re-
turns. The business of the Southern states
having been suspended during the war will
soon be re-established- Lines of telegraph
are projected and in process of construction
TO Europe, Asia, and South America, which,
when completed, will at once materially add
70 the telegraph business of the country
The proposed routes Of our range are an
nually becoming more and more populous
Cheaper rates and more rapid, certain and
reliable facilities will greatly popularize
the telegraph and insure its substitution for
the mails for the purpose of current com
mercial correspondence. sAll these consid-
erations point to our future as an import
ant one, and plainly show that this IS the
golden opportunity for inaugurating tele-
graphic enterprise of the character and
magnitude of the one now proposed.
An Extraordinary Advantage
10. On the application of The National
Telegraph Company ConSTesss 49, re.,s--.
aszsioa Tia la RE- Sss With The exist
ing consolidated monopoly opposed the pas
sage of this law with all the influence and
power IL could command, bat the public in
terest prevailed, and we have now a nation
al recognition of the Importance of our en-
terprise with grant of the most valuable
franchises ever conferred upon Telegraph
company.
The National Telegraph Company fully
accepted the terms of the Law, July 30th,
1866, by fling their written acceptance with
the Postmaster General of the United States.
E6S- Subscribers should in all cases trans
nit funds TO the Treasurer Of this company,
Frederick Prentice, Esq, No. % Pine street,
who will send by return mail receipts for
the same All other communications should
be directed to George 3. Walter, Secretary,
National Telegraph Company, 81 Broadway,
New York.
Whenever subscribers desire so to do,
they can pay at once tfSrty-five per cent on
the fun amount Of their subscriptions and
receive certificates of stock issued by the
company; and in all cases were thirty-hve
per cent has been paid in, and the Treas
urer's receipts returned, certificates will be
issued to holders Of the receipts or their
order.
B6S- Your attention is called to the papers
accompanying this, and prompt response
il necessary TO ensure certain participa-
tion in the benefits Of this organization.
Extract from the United States Statutes at
large, vol. TO- page 249, as follows:
An Act 70 establish certain Post Roads and
for other purposes, approved
March 8, 1853.
Page 255, sec. 3-And be il further enact
ed, that all the Railroads and parts of Rail
roads, which are now or may hereafter be in
operation, be and the game are hereby de-
clared Post Roads.
THE NATIONAL TELEGRAPH LAW.
An 4 CT to aid in the construction Of Tele-
graph Lines, and to secure to the Govern
ment the use Of the same for Postal, Mill
tary, and other purposes.
Be IL enacted By the Senate aud House Of Rep
-eseafGtires Of the United States of America ia
Congress assembled, That any Tele graph COM
pany now organized or which may hereafter
be organized, under the laws of any State in
this Union, shall have the right to construct,
maintain, and operate lines Of telegraph
through and over any portion Of the public |
domain of the United States, over and along |
any Of the military or post routes of the /
after be declared such By act of Congress |
and over, under, across the navigable
waters OF the United States: Provided That
such lines Of telegraph shall be so con-
structed and maintained as not to obstruet
the navigation of such streams and waters |
or interfere with the ordinary travel on
such military or post roads. And any of
said companies shall have the right to take /
and use from such public lands the neces- /
sary stone, timber, and other materials for /
its posts, piers, stations, and other needfuI 4
uses IN the construction, maintenance, and I
operation of said lines Of telegraph, and |
may pre-empt and use such portion of the 4
uneccupied public lands subject to pre-emp-
ton through which its said lines of tele- /
graph may be located as may be necessary /
for IL stations, not exceeding forty acres for /
each station; but such stations shall not be /
within fifteen miles of each other
Sec z. And be it further enacted, That |
telegrsphic communications between the 4
several Departments of the Government of |
the United States and their officers and |
agents shall, in their transmission over the !
lines Of said companies, have priority over
all other business, and shall be sent at rates |
to be annually fixed by the Postmaster GEN
eral.
See. 3. And be it further enacted. That the !
rights and privileges hereby granted shall !
not be transferred by any company acting
under this act to any corporation, assoeia- |
ton, or person: Provided, however, That the |
United States may at any time after the ex-
piration of five years from the date of the |
passage Of this act, for postal, military, or
other purposes, purchase all the telegraph |
lines, property, and effects of any or all of
said companies ct an appraised value, to be |
ascertained by five competent, disinterest |
persons, two of whom shall be selected by |
the Postmaster General Of the United States, |
two by the company interested, and one by |
the four so previously selected.
See. A. And be IL further enacted, That |
before any Telegraph company shall exer-
else any of hepowers or privileges confer |
red by this act, such company shall file their l
written acceptance with the Postmaster GEN !
eral Of the restrictions and obligations i'm
posed by this act.
approved, July 24th, 1866.
Stock may now De subscribed in this COM
pany at their Office in the city of New York, |
or at 203 Main street, Louisville, Ky
apl1 AUGUSTUS BARNES, agent