The Daily times. [volume] (Richmond, Va.) 1886-1889, 1889-05-25
POSTAL TELEGRAPH.
CERTIFICATE OF INCORPORATION
FILED YESTERDAY.
4 NEW LINE or CABLE AND
TELEGRAPH SERVICE.
pruyosE, AND sPEtIf or
THE COMPANY ANDifs INTENT.
Mr.. Joseph W Rates 10 he the Agent fo'
Tn. city. wan authority % Tn
ter an appearance Ina Schaif
OF the Company.

Yesterday a paper was laid upon the
desk Of the clerk of the ChaDcery Court.
IL bore this endorsatiOn Postal Iele-
graph Company; Articles OF incorpora-
ton, 1899. &c.
| The certificate Of Incorporation sets
forth the fact that under an act OF the
/ Legislature of the State of New York,
passed June 20. 1853, an act entitled an
act 10 provide for the incorporation and
regulation of telegraph companies,
passed April II, 1884, have associated
for the purpose Of owning. construct
ing. using. aud maintaining lines OF
electric telegraph within and partly be-
yond the limits Of the State OF New
York. aud for such purposes have
adopted articles Of association dated
January %. 1856
Fnrtbering this purpose a certificate
and specifications follow. The first Is
that the name assumed shall be the
Postal Telegraph Cable Company; sec
ond. that the general route OF the line.
or lines of the telegraph, shall be as fol-
lows:
THE LINES.
The main or trunk line to commence
at OF in the city of New York. thence
to Binghampton. Elmira. and Orleans
in the State Of New York: thence to
Cleveland. o.. thence TO Chicago, ILL.,,
thence to s.. Paul. Mimi, aud follow
ing out the route the company Will take
in all of the prominent points of inter
est on the division extending To the
Pacific coast. taking i'll the entire South
and giving service from Maine TO the
Rio tiraBde.
The names Of the shareholders are as
follows: James III. Wilmington, San
Francisco. Cal; A. w. p. Seaman. New
York George Steel. Brooklyn, n. y;
George Edward Kent, from the same
place. and John q. Steycrs, of Plain
field n. j..
The board # directors may sell OF
otherwise dispose Of the capital stock of
the company. whether common or pre-
lerred. and may exchange the common
stock for preferred. as provided 10y
statute. II also has power TO purchase
or lease rights. privileges. franchises or
property of any kind which the board
may deem necessary for the business
and purposes of the company, aud may
issue in whole or part payment thereof
shares Of stock of the company on lis
bonds, notes or other obligations to the
value, to be determined by the board.
Privilege is also accorded to enter
into agreement, from time to time, with
other telegraph or telephone compa-
MES.
The purposes of the company shall
include the transmission by wire OF
dispatches, news and information and
the receipt and delivery thereof by
means of carriers, &c, for compensa
ton.
From the Office of the Secretary of
State a certified copy Of the certificate
of incorporation was presented in the
Office Of the Chancery Court yesterday,
aud duly placed on record.
Along with this cert iicaie of iDcOTpO
ration an affirmation from y j. Chand-
Ter. president Of the comuauy, aDnounc-
ing that Joseph w. Hates. of Rich
mond. had been appointed agent for the
company here aud was authorized to
enter an appearance IN behalf Of the
Postal Telegraph Cable Company. was
also filed
Mr.. Hates is ono Of the best known
telegraph men in the union. He hass Sc
lecicd for his Office the building corner
of Governor and Main streets formerly
occupied by Purcell, Ladd & Co. The
office is a handsome one. and the com
pauy EXPECTS to do thrifty work here.