New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-25
TELEGRAPH OOMPANI

| SNH q NATIONAL TELERKAPHI
| i PANY,-A new enterprise, to BIS known
National Telegraph Company, has been on
| with valuable franchises conferred by a reoen
| congress, for the purpose of estAb' fishing
Lines of TslsSraph on all the princiI al raliro.
| mail routes in the United States. The stock
issued upon the same principle % that Of Ii
| chants Union Express Company, VII oh n
| commenced operations The design "a IN |
the entire business oommunity in the anti
This is done, net so much to dspc . Of ths n
h is . secure tine business Of the country Il
The capital is to be $1,000. coo in 10000 Sd
a1ount to Be paid in cash is sss per share, Al
amount IS to be paid as follows: One Der ,
the par at the time OF subscribing, and no mi
til the entire Amo unit has be en- eubsoYihed Ar
on the calls to be made By the Board Of Dire
When thirty-Gvs per cent Of the par ytins
shares has been paid, certificates Of st0oS
Issued; This will give the Company paid u
capltai oIeS' eO0OO, which, will be sufficient
pllc1te lines to all or nearly all the p1yinr
reached BY the present mosopoy.
| The, present Telegraph Companies of the q
have been consolidated into one huge nsal
ana are nov earnioR six millions of dollars nj
Of over one hundred per cent on the actnal I
their lines, their present capital having been NJ
over one thousand per cent.
The National Telegraph Company hav r.c
ton from the United States GoVernmen, al N
portance OF their enterprise, with Rrautsf MI
valuable franchises ever conferred pom Need
~ AplubtNlnR llDe mas haN
rights now Rran'0 by Congress to this Co,aI
| construct and operate lines over every rAiTal
mali route in the United States. The DoSt
TINS Company differs from that OF any UomlAE
before organized. The question Of the RI
Way is forever settled.
The stockholders of this Company can not b
out or transferred to any other Company. II
OF congress under which this Company has h
granted.
Calls on Stockholders will be as follows. viz
per cent At the time OF subscription. and subs,
Calls not exceeding FIVE PER CENT per mon
will be made by the Directors from time to Il
may be necessary To supply funds to constru
Qulp lines, but no calls will be mado aftero
emit has been pAid until the whole capita
hall have been subscribed.
IL 10 confidently believed that thirty-five De
OF the capital stock will construct and fully
2,OOO miles OF wire, which viii connect all h
SmsTo!si Gentros ane important places in ths
lines. ~ '-'
Ths National Telegraph Company is oru
under the laws OF the Stale Of New York, and
9nlses conferred 5n by an act OF Congress, Az
PfesidSnt-GEoRGE B. sENTER, of Gle.
Vice OBSERVATION-DISCLOSURES, of NsI
Observation-Disclosures PRENTICE, d
secretsry-GEoRGE B. WALTER, Of
York. AZ " NJ
A limited amount of the capital stock of tbi,
pany Is allotted to this locality, and those hav
opportunity, and subscribing, will be PLACED
equal terms with its corporators and will spcu
interest in all franchises which have accrued |
hereafter accrue. TO the Company from any
Parties Wishing to subscribe to this ant. rpri
nd the subscription list at the FIRST NATIl
ANS. >pringfeld. Illinois.