The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1897-11-05

prOnte assured shareholders IN the New
State company.
/ We are carrying on this work az bust.
ness men. building up system that
will he al unealcuable benefit TO the PEG.
pie OF the State and highly profitable In
our stockholders. We do not need 10
aud do not stoop in this 10 blackguard-
ism, Islander and Misrepresentation OF
which we have been from time TO lime
made the object of attack by disap-
pointed, defeated and desperate oppo-
nent.
The policy OF the IN engagement has
been and will continue, conser alive and
safe, and the companv's operations will
only be along lines that assure those
whose investments build the system, a
safe investment and liberal profits. Ex-
changes are built only after leases or
contracts guaranteeing the company's
income for period OF five years ahead
have been secured in advance, and the
same general policy prevails in the pro-
motion and construction of it's toll or
long distance lines. The stock of the
company is being distributed and dis
posed Of to influential aud leading bus
mess men in every section OF the State.
where the company now operates orcon-
templates operating or extending its lines
at any time The wisdom and advant-
age OF the company disposing of
its stock in this manner, rather than all
in one locality or a limited territory,
must be apparent TO any one. All our
exchanges and lines are put in with pure
metallic circuits. Every phone used
ie a strictly first-class long distance
instrument. All our construction is OF
the highest grade and quality, and all
local exchanges controlled and wned by
the Dew State company operate under
thirty-year. franchises and contracts with
the ities and towns where they are locat-
ed.
The New State company and the De-
troit telephone company (Which also op-
crates under thirty-year franchise and
with the city OF Detroit) are
themselves connected by a thirty-yea
By these means the contin-
uance OF the company and the permanent
and profitable. character of an invest
ment in its stock are insured for many
years ahead.
There are already today. with the indie
pendent telephone movement only about !
two years old, and the number Increas-
ing daily. a much larger number of indie
pendent or new telephones in use in the
State than the old company have or ever
have had in use.
For the Information of yourself and
any other stockholders ia the Detroit |
telephone company in your vicinity, to
whom you may submit this, give below
a statement sho wing it's exact condition |
at this date October goth, 1897 and
compare it's present condition with hat |
was promised under the prospectus issued !
in connection with the Sale OF 1.-THE stock |
OF that company: u
siAibhENi VI IhE NJ Mbfh Of SUBSCRIBERS !
AND CONTRACTED INCOME OF THE DETROIT |
TELEPHONE COMPANY OCT, 90, 1897.
343 extra names in directory at $40 each
200 per annum L,..c... ...........s 1880 !
$500 3-year business contracts at $40 /
each per aunum-. - -. las 200
,3H Swear residence contracts at S25
each per apuum. ...........: - $3.50 !
427 one year business contracts at S45
each per annum ..............,....: 1925
5l one year residence contracts at $50
tdcu per uDnum ......... 1 $50 /
- Swear suburban contracts at SIS
each per annum.. ..............,..... 1,725
81 free phones for the city provided
under ordinance. Observation-Disclosures. ...
-
',9B..... ........... Total. .......... . S2O4 $50
f34 &c.