The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1868-09-05

H. The shareholders In this organization
will be many times more numerous than
those Of any other telegraph company, and
will be interested in its business and suc-
cess. We shall establish only direct trunk
routes required by the business Of the conn
try. We shall incur no liabilities bevona
our means in the treasury; and we hone bv
energy, economy, dispatch. and cnrefn,
management, to be enabled to compete sue
cessfnlly with the present consolidated
monopoly, and TO furnish the public cheaper
and better facilities OF telegraphic cOmmun-
ication. "a
The Prospect
Is. The business Of telegraphine is in its
infancy. 1t must rapidly increase in the inn
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
TO 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 win greatly popularize
the telegraph and insure its substitution for
the mails for the purpose of current COM
mercial correspondence. All these o0nsid-
erations point to our future as an Import
ant one, and plainly show that this is the
golden opportunity for inaugurating afele-
graphic enterprise Of the charactfT and
magnitude of the one now proposed.
An Extraordinary AdDaazegx
TO- On the application Of The National
Telegraph Company, Congress at fits recent
session enacted The Estional Telegraph
Law, which is printed herewith The exist
ing consolN ted monopoly opposed th6,pas-
sage of this NV with all thu influence and
power it .cos.d command, but the public in
tsrcst 49, and we ksve now q nation-
terprise with grant of the most valuable
franchises ever conferred upon Telegraph
The National Telegraph Companv Tullv
accepted the terms of the Law, July both,
1866, by fling their written acceptance with
the Postmaster General of the United States.
BeT Subscribers should In all cases trans
NIT funds to the Treasurer of this company,
Frederick Prentice. ESQ.,, No. 26 Pine street
VINO VIII send by return mail receipts for
the same All other communications should
be directed to George b. Walter. Secretary.
National Telegraph Company, Ga Broadway,
Whenever subscribers desire SO 10 do.
they can pay at once thirty-five per cent on
the full amount of their subscriptions and
receive ceruhcates Of stock issued by the
company; and in all cases were thirty-fve
RNA nus D0Ch pdlu ana the Treas
urer receipts returned, certificates will be
issued to holders of the receipts, or their
order. ef
BkS~ Your attention is called to the papers
accompanying this, and a prompt response
Is necessary to ensure certain participa-
ton in the benefits Of this organization.
Extract from the United States Statutes at
large, vol. 10, page 249, as follows:
An Act to establish certain Post Roads and
for other purposes, approved
Page 255, Sec 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 same are hereby de-
clared Post Roads.
THE NATIONAL TELEGRAPH Law.
Az A 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.
he II enacted by the Senate and House Of Rep
reseHtatires IF the United States Of America, in
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
United States which have been or may here
after be declared such by act of Congress,
and over, under, or across the nayigable
waters of the United States: Provided, That
such lines of telegraph shall be so con-
structed and maintained as not TO Obstruct
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 needful
uses in the construction, maintenance, and
operation Of said lines of telegraph, and
may pre-empt and use such portion of the
unoceupied public lands subject to pre-emp-
ton through which its said lines of tele-
graph may be located as may be necessary
for 1t stations, not exceeding forty acres for
each station; but such stations shall not DO
within fifteen miles of each other
Sec. 2. And be it further enacted, That
Geographic communications between the
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
eral.
Sec. 3. And be il further enacted, That the
rights and privileges hereby granted shall
not be transferred by any company acting
under this act to any corporation, associa-
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 at an appraised value, to be
ascertained by FIVE competent, disinterested
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.
Sec. A. And be it further enacted, That
before any Telegraph company shall exer-
else any Of the poeers or privileges confer
red by this act, such company shall file their
written acceptance with the Postmaster Cen
eral of the restrictions and obligations i'm
posed by this act.
Approved, July 9th, 1866.
Stock may now be subscribed in this COM
pany at their Office in the city of New York,
or at Z0S Main street. Louisville. XIV.