The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-11
MET HY TELEPHONE.
A Novel Point in Corporation Law.
VIII the Action Stands

VIII the Action Stanhs
From the New York Advertiser.
Edwin Gould recently figured in an up
to-date corporation meeting. Corporations
are proverbialiy fun Of red tape and for
maliues, but the young hnancier Of The
Gould family believes in running the cor
porauons he is connected with on the ex-
press and modern Plan. Ito Us an expert
telegrapher and Mrs. Edwin Gould also
handles key well. AIR Gould uses pri-
waite Wire to send messages much as other
men write or dictate letters. He also uses
the telephone in similarly free and easy
fashion. In his residence an pobhs Ferry
his study parlor and bed room are pro-
vided with telephones, and i'm The offices
OF the companies he is connected with tele-
phone wires, as well as telegraph wires,
and SO from his house or Office iu the
Western Union building DC can direct his
many business affairs with rapldity and
ease.
His freedom with the telephone wires
led to an exploit "a few days ago, which
possibly stands alone and win probably
raise "a lnotty legal point. Mr. Gould's
counsel. Mr. Warren y. Hutchinson, in his
particular corporation, insists that the
meeting was legal. but admits that others
However, by tho use OF a long distance
telephone and private system OF modern
exchange telephones, Mr.. Edwin Gould
held a corporation meeting OF the Cont
mental Match Company with thirty-eight
miles Of wire separating him, as president,
from the other officers and directors Of
the company
The Continental Match Company's fac
tory is situated at Passaic n. j. IL is
Incorporated under the laws of that state.
The capital stock Of the company was
lately increased, and II was found neces-
sary 10 hold a meeting to settle some for
malities according to the charter and
rules Of the company. which provide that
the meetings must take place in the offices
of the company
A call to the directors was therefore is
sued by Lieut.. Col Wallace 4. Downs, the
secretary and treasurer of the company
to meet at 2 o'clock D. m at the factory
in Passaic Mr.. w. IT, Hutchinson, the
vice president, ana Mr. Jared g.. Baldwin,
Jr., Warren b. Hutchinson. Barclay r.
V. Mccarthy and Alfred Baldwin, dlree-
tors, were ON hand promptly at the APP
pointed time.
Mr. Harry Schrady. a brother-in-law Of
Mr. Gould, who Is in the employ Of the
match company, waited at the Erie depot
for the young president 10 arrive from New
York. The last train in time for the meet
ing came WllNOhl nlfilt ana MI ila'l1 SO
reported at the match factory The meet
ing was about TO be abandoned when the
secretary thought Of calling up Mr.. G0ulds
office in the Western Union building by
telephone and asccrtainng whether the
tardy president expected to reach Passaic
on later train.
'Nrr. Gould has not been at the Office to-
day." came back in reply. but has Just
called us up from Dobhs Ferry
off and called No
211 Dobbs Ferry Mr.. Gould's private tele-
phone He got an answer Immediately
from the president and the Information
that the young millionaire had missed the
last train which would have taken him 70
New York In time TO make Passaic
train, and suggested putting the meeting
over for a week.
"Find out colonel, what day and hour
will suit the directors best for another
meeting" said Mr.. Gould.
one director had a business engagement
one day and could not be there at the
time which would suit another director,
and so on. Finally Mr.. Gould grew iIn-
patient at the delay, and said over the
wire
colonel ask Mr.. warren Hutchinson
If we cannot legally hold a meeting by tele-
phone. [ can hear distinctly all the voices
In the room"
A moments thought and AIr. Huthinsop
decided II would Dee legal ana possible ne
cause Of the telephone equipment Of the
Continental factory. Connected with the
long distance telephone IS "A factory tele-
phone with q central station and q dozen
smaller receivers and transmitters so ar
ranged that a call can be switched to
private desk, or, by moving another
switch. so that one call can be heard By
everybody who has q receiver.
Col. Downs spoke TO Dir. Gould at
Dobbs Ferry. and said, I'VE are ready.
Go ahead" replied the president thirty
eight miles away and atter 'cenlrals
Passaic; central" New YORK, and cen
tral" Dobbs Ferry had been notified 70
boi9 the wire until the company was
through with 1t the meeting commenced.
The secretary's report was read IN me
Telephone by Col Downs, and President
Could listened in Dobbs Ferry. Ihen ne
asked over the wire
"What is your pleasure, gentleman"
and each in turn replied into his transmit
ter. Move it be accepted
1.-THE secretary's report Is adopted,
came hack. Then other business was
taken up and disposed Of In the same
fashion. and even the purchase OF an ad-
ditional plot Of land and the erection Of
an additional building was discussed ana
decided upon over the phone.
The telephone meeting lasted ful
hour. The telephone tolls for the meet
inc were heavy but the bill viii be audit
ed and paid without protest by Col. Downs,
since at the meeting it was decided TO in
crease the working capital II the COM
many many thousands Of dollars
r4is Mistake. -Wor1an-That rocking