, 1879-05-03
TELEGRAPHY.

New Company7-Ten Mtllions OF Capital
Observation-Disclosures and Incorporators o1
the Conpany-A Wcstern-Union Wow o1
tho Scheme.
Nt,o TorH Tribune, ADrf1 so.
The articles Of incorporation of the linton
Telegraph COMPANY wsre filed yesterday In the
County Clerks office, and at tile same time in
the office OF the Secretary Of State, at Albany.
The Company is organized with a capital Of
$40, 100000, in shares Of Slo0. The corporators
named arc Jay Gould, Of New York, whose sub
scription is for $1,000 shares; David q. Bates,
OF New York, and Charles A. Tinker, Of Balti-
more, Nd, whose subscriptions are for q, 600
shares each. By the terms Of Incorporation the
Company is authorized to run lines through all
the States and many OF the Territories.
This enterprise is understood to be part of a
vast scheme that mag extend from the Atlantic
to the Pacific Coast. The nucleus in this State
is the Central Union Telegraph Company, which
began operations about six months ago. The
charter Of this Company has been bought re-
Gently by the organizers Of the present Com
pany. Work has been begun, not only in this
hut in other States, and the line from Boston to
Baltimore is under contract.
The Central Union Company has line COM
rleted through this city to high Bridge, and is
II actual operation from Syracuse to Oswcoo.
Beginning in this city at the Produce Exchange.
the line runs through William and Mulberry
streets to Bleecker street, and through the
latter across the city to Seventh avenue
Passing through Seventh avenue to Broad-
way, it extends through Ninth avenue to
McComb's Dam Bridge, and thence through
Westminster County. From its beginning
to the river the poles have been set aud tue
wires run. This part Of the line was completed
several months ago. From this city the poles
have been distributed along the route to Albany,
and are in position rs far as Schenectady. Tile
line extends from ALBANY to Buffalo, at yl,icn
point connection will bo matte with the West
ile II line OF q f,,, the new Company will
ent routes, within three, months. One
Of these routes will : be BY the way OF
the Albany and Buffalo line, connecting at Buf-
faio with the Canada line. The other wilt DC
the Baltimore & Ohio Railroad. In order to
complete the proposed connections, it is ueces-
sarv for the new Com bany to bui1u lines to Bal
timore and Oswego, and from Chicago to De-
troit. The line from Boston to this city and
from here to Baltimore is already under con-
struction, aud will be completed. it is expected,
within about ninety days. Wo-k was begun
week ago 'on tie lines cast and south OF this
city.
The further extension OF the line Is under-
1tooA ~ o1pehu opo1 tno co~optlat VI tue
lines now owned and operated BY railroad COM
panies. . a bill to enable railroad companies to
do general telegraph business was introduced
iu the last Congress By Senator Jones, OF Flori-
Gu By the Butler amendment the bill, in effect,
became attached 70 the Army bill. and in the
present Congress was made clause |
OF the same bill. 1t is said that
The intention OF the bill was to pre-
7ent litigation. The right do q general tele- |
graph business Is claimed by the railroad COM
panics which own the lines. It is said that This
ever given by the Supreme Court Of the Uniled !
States. The right has been exercised bY the !
Baltimore & Ohio Railroad Company, which |
has done its through business By means !
of the Atlantic Il Pacific Telegraph Com |
pany. The local business along its line the Com
any alone has done, collecting and making !
is own rates. The Pennsylvania Railroad Com |
oany is said also to have done general bust !
less Tor many years, although for its own cor