New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-09-03
National Telegraph Company.

National telegraph Company.
1t appears that the public and the press
will not have u submit just yet to the
resignation absolute dependence on mon
opoly of telegraphic facilities enforces
When the Atlantic and Pacific line began
to get great and strong, and was as brave
il Wall street as it was free and intelligent
in it's news, the West and South had many
little cheer to send up at the prospect of
independence of the Western Union
and the Associated Press. The rumors of
consolidation and the confirmation of the
consummation seemed to make submission
the better policy.
What those who make and those who
read newspapers wish to get by telegraph
is news. No opinions are wanted only
naked, but truthful news. And they want
all there is of it, and no more. To get this
they are willing to pay. 1t is interesting to
hear that a terrible fire occurred in New
York; that Southern delegations were re-
ceived with open arms in Boston; that the
great railroad war is over, leaving The
public protected, or to get accurate sta
tistics of any election. But to have these
items only to reach us by mail, and pay in
stead for an account of a Pennsy lvania
railroad train running over a cow, police
man Shooting a mad dog il Cleveland. the
opinion of a lady on an election when
figures were at hand, the wild rumors by
cable one day which are contradcted the
next is a succession of extortions. To
remedy this competition and intelligence
are necessary. There can be no remedy if
an irresponsible monopoly has control.
But with the news OF the consolidation
comes an official document through the
American Press Association under date of
August %, which promises the relief needed,
ard here it is:
The following is the certificate OF the
Secretary of State. giving the terms of in
corporatio of the National Telegraph Com
pany, and showing that the provisions Of
the civil code of the State have been fully
complied with:
STATE or CALIFORNIA
Department of State )
SacrameL TO, July 9, 1875. )
], Drury Melone, Secretary of State of
the State of California, do hereby certify
that copy of articles of incorporation was
filed in this office, pursuant to the provis-
ions OF the civil code, on the ninth day of
July, A. D. 1875, containing the following
81 ttement of facts:
Flrst-That the name of the corporation
is the National Telegraph Company.
Spcond-That the purpose for which it is
formed is the construction and maintenance
OF a system of telt graph lines to connect the
cities of the United States and Canada.
Third-The place where it's principal
business is to be transacted is in the city
and county of San Francisco, California.
Fourth-The term for which it is to exist
is fifty years.
Fitth-The number of its directors or
trustees is seven, and the name and resi-.
dence of those who are appointed to serve
until the election and qualification of others
are: Michael Reese. residence San Mateo
county; Colvin w. Kellogg residence San
FranciscO; j. X. Keeene, residence San Fran
CISCO; FaxOn D. Atberton, residence San
Mateo county; William sharon, residence
Virginia City, Nevada; William Burling,
residence San Francisco; Alfred A. Cohen,
residence Alameda county.
Sixth-The amount of it's capital stock is
$25, ,00O, 900, and the number of shares into
which it is divided is 250,0O0.
Sewenth-The amount of capital stock
actually subscribed is ~ 10000 being 500
Ior eacn anu every lille OI salu cOntem-
plated telegraph lines.
Also the following other facts:
First-That the kind Of line intended to
be constructed is q common telegraph line.
Second That the place from which and
to which it is intended to run is San Fran
cisco and New York, and it is intended to
connect with these lines all the principal
cities of the United States. and Canada.
Third-That the estimated length of the
lines is 1000 miles.
Fourth-That at least ten per cent of the
capita, stock subscribed has been paid in to
tho treasurer of the corporation, and that
the persons above named as directors or
trustees and their associates and assigns
are body polite and corporate by the
name above designated. 4
Witness my hand and the great seal of
the State office, in the city of Sacramento,
California, the ninth day of July, A. D.,
1875.
r9aI DRURY Y'MELONE.
Secretary of State.
The composition of this company is Q
guarantee against either compromise or
II means competition, and
A. 4 III ~. =