The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-12-07
To Have Cheaper Telephones
and Better Lighting.
GIGANTIC DEAL MADE.
By Which n Number of influential
Local Capitalists Get Possession
of the Ciffxen's Electric Lighting
and Power Company ard the Tel
ephone and Telegraph Service.
and Immediately start iva TO Rev
ointionfx~ and Improve All Three
Public Necessities.

ST. LOUIS. Dec. "A gigantic seat tn
volving A revolution sn the telephone aud
electric fgh htinE business OF -. Louis. has
been co1sunrn8ted. Three big companies
with an aggregate paih-gFp stock az nearly
S31sn.ooo, have been organized BY ahoas
twenty o. the most prominent Ena wealthy
citizens or 81 Louis. one oS the coSn-
panies VIII iRtrodRce a telephone system
in St Logls. at mticls lower service rates
than those prevailing al present Il VIII
establish a home telephone pant which
viii in time extend 10 neighboring points.
The second company. owned by the same
persons. VIII operate an Immense electric
zrlant, supplying power OF al kinds for
public and private iiSe. The third company
VIII construct the telephone aaa electric
plants for the two other cGmpanieS. manu-
facture equipments and Wiz construct
complete system or underground eonsiuits.
A fourth company is also IN the deal but
Il wiz NOT figure in tae proceedlngs at
present.
The local parties 30 ee interested in the
new companies are: Ellis Wainwright.
Adalphus BgEsh. August Gehner. samuel
hernard. Iustas :. Walsh. Robert Wells.
Charles H.. Turner. w r. kn0lter. Nm.
Bartick, ". r. Foster. Henry Nicholas.
Gsorge j. kooUsca. Philip Stock. Law
renee 3. Pierce, Breckinridge Jones. {. II.
h Wash, Otfon von $chraaer, VIM. ID.
orthwein ana IL. 5. Priest.
Ire kinloch Telephone Company is the
name OF SlaAsswo company chartered hy
the secretary Of state az Jefferson CITY,
Saturday. The lnc0rporatnrs We're the 81.
Louisans just named and Hopkins j. Han
ford. OF Evanston. III. and James II. Par
rish. OF Brooklyn. y. Y. The capital
stock OF the company, however Will all
be- taken by the 81. Louis parties
Articles OF incorporation OF the ST. Louis
Electric and Construction Company. with
q fa.l paid-ap capital OF sbDa.Da were fled
in this city. The papers coutnin the Same
list OF ineorpora1ors. Late yesterday aft
ernoon the sanle gentlemen held meet
Ing and closed deal winch put them in
possession Of the Citizens ElCctric Light
ing and Power Company, and the tele-
phone and telegraph service company.
both of which have bad but a nominal
business for many years The Citizens
Electric Lighting and Power Company
was then practically organized. with i.
fun paid capital stock OF S759.t9o and Of
iicers were elected.
The deal Is one OF the largest ever ac-
compisshed in 81. Louis. and it's effects
are fsr-retchzng. The combination was
made Tor the avowesi purpose OF revosti-
sionizing the telephone and general eleS-
tric business in St Louis. The local cant
tslllsJs start out with the announcement
lhat the nex telephone company wfii pro-
vide telephones st s3s per year for resi-
dences. $50 for physicians and SEQ for buss-
ness houses. The present telephone rate
is 500 for the Bell Telephone Company
service. The company win begin opera
tions at once.
The local capitalists apparently mean
business. as they filed their applications
for conduit space with the board OF pnbllc
improvements late yesterday afternoon.
and also filed four bonds. aggregating
$4,000 with the mayor and council.