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

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National Telegraph Company
Organised under the Laws Of the State
Of New York.
pAnshises conferred by the National Teie-
graph Law passed BY Congress st its
recent session, and approved July
"a. 1866.
CAPITAL STOCK sc, 0oo, 600,
In 100, 900 Shares. Par Value 100 each.
orrlcr.s or TIE cosu4sx.
President George 2. Senter.
Wee President.................h Robert oqo..es-
Treasurer. Frederick Prentiee-
secretary ......-.George p hi-ef.
General superintendent..:.. Ell =. As1ss ~
Eogiaeer.-.........-......... 1o"sEu
DIRECTIONS.
George B. senter, Ben. Holiday, Bsnjs-
min e smith, Robert squires, George Wal
tsr. John Coon. william Cumback. john NJ
Jsyeox, jacob Gould, Isaiah Bleed. George
Frost, Thomas Ewing, jr, chss sherman,
III Keyss, Pred'k Prentice, Jonathan
Buell., Edward " Serreil. ohsrIss W Noble.
Willis PhsipAs, Erastus Corning, u, Harry NJ
TAompson, Theodore r Hall.
ExscrrtvE cosnxrrrEE.
Ben Holiday, George b senter, Robert
. E9usrss-1ohn n Jeycos, fred'k Prennce,
-csergs 81 Ts.ter. Isaiah Blood, Charles !"
vrS, Erassls Corning. jr. Saf
ohee OF the Company Ga BROAD
xsrk. Rooms Noe. 90, -, SO.
(FE.o@Rec6"S-
Il wiIy-Ae seen by the statement herein
contained that the organizations of this con-
Yaay was . necessity growing ont OF the
t0mnercial and business wants of the eoun-
try inpcratively demanding an inerease Of
telegrsyA facilities az reasonable rates.
Csmpstison rsrsls Monopoly.
= TIE Whole telegraph system of the L.
Rtssss is now in the hands of one company.
he eviis inseparzbie from such q gigantic
eod dangerous monopoly are already num-
srcus and increasing. Relief can be found
oaly in legitimate competition.
a ft Dsst5ieEsioz Of Stock.
- .. L il proposed that the benefits Of this
company shall be enjoyed, not BY few fa-
vored persons, but by the business men of
the country, whose interest II Is designed
TO promote, and whose liberal patronage
viii insure its success. To this end It is
decided 20 place the Stock az all commercial
POINTS. Il will be distributed to Bankers,
Merchants. Manufacturers, and others in
limited amounts.
The Capital Stock.
Ss.) Is Ten Millions of Dollars, divided into
shares Of One Hundred Dollars each.
o. CalI-Hos0 10 Be kad..
.. One per ct of the stock will be required
or subscribing, and subsequent calls, not to
e1eeed Eve per cent per month, will be
made By the Bard of Directors, from time
TO time, IS may be necessary 10 supply
d a. a ar a...s
no calls will be made after the one per cent
- paid until the entire capital stock shall
have beer subscribed.
Aetaai Capital Required.
8. The company con6denSSg believe that
thirty-hve per cent of the espfRl stock will
construct and fully equip TwentNfye Thou
sAnd miles Of Wire, which win eshneet all
the commercial centers and important places
II the United States. This opinion rests
sponsible offers 70 construct and equip the
p hines.
Di-iGeaGs.
s. In sii esses the net earnings of this COM
pAny will BE applied 20 the payment of divi-
dsads Oh its capital stock, and in no event
VIII earnings be diverted to the construc-
t.o1 et 1eT liSss.
E-ec~s.
J. With tie stock in hands Of the active
business Easn Of the country, exerting their
Influence 20 augment its business and with
. range Of Twenty-Five Thousand Miles Of
Wire EQUIPPED and IN operation. the company
believe that, a. reasonable rates, the BUSH
ress will pay liberal dividends on its en-
tire capital stock.
Rscs0Yts for tie Bslief.
(5) May be found IN the enormous profits Of
every considerable telegraph line operated
ihis continent The present telegraph
monopoly has "wstered" its stock TO the ex-
tent Of over oae thousand per cent on the
srcHIt paid IN; and still il pays, on the
stock tLus inflated, satisfactory dividends
Our company will duplicate all the remun-
srssive lines now operated by th. monopo-
=. aud subscribers viii pAy JOUR stock
only the exact coat Of our ling
AGdiaoass RsasG
Q The existing telegraph monopolies have
never sought 20 supply adequately the de-
DaD1 for the use of the telegraph, much
lsss hassthey attempted 10 stimulate such
demand By an increase of facilities and q
reduction OF rates While their facilities
have renained sbont constant their rates
have steadily advanced. until The use of the
telegraph has come 70 be a prodigious tax
upon the commercial necessities OF the coun-
-. an advance in rates is their uniform
eEpedient for limiting the amount Of their
business to their restricted facilities.
E.eTsassd Fae;fifes AND L0ser Rates.
10. Every intelligent man knows that an
enterprise founded upon the necessities Of
trade has hesirhier and more durable basis
when IL sirag 10 do constantly increasing
business 81 fair rates than when il does
merely s restricted business 81 exorbitant
aud Increasing rates. The success Of cheap
postage IN Europe and America seems never
to have been thought Of by the telegraph
rtonopo,ists-- il believed that if ten
times the preseut telegraphic facilities were
f0rnished 70 the public ct one-tenth Of the
present rates, the increase Of business
sso1ld justify the change. -
Our PSepossd 7s'<grapAie Range
II. Trunk lines throughout the United
States and Territories. which shall ultimate
ly connect VITA lines TO Europe, Asia, and
SoHth AEerite-
IS b. When 10 Be Done.
Il. Within one year from the time the
capital stock - subecribed, the company ex-
poet 20 havo finished twenty-fve thousand
allies OF ,zires CT the best materials, equip
- ~ith instrunents Of the latest improve
|3Dlz, snd the whole range In successful