The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1898-02-18
CITIZENS TELEPHO NE.
Out of Debt, New Onicers, Stronger and
BETTER Than Ever.

Out of Debt New Officers, Stronger and
Better Than Ever.
The stockholders of the Citizens
Telephone Company met in the Cir
cult Court room last Friday, to elect
new board of directors, and for the
transaction of business generally.
The first order of business was to
hear the report from the committee
consisting of w. f. Embry, j. f.
Brownlow and w. B. Greenlaw-
appointed to examine the books OF
the company from beginning to date.
Mr.. Greenlaw read the report of the
committed, giving an itemized
statement of all the money collected
and how disbursed. The report
showed the company out OF debt,
and, counting recent subscriptions
as cash, with nearly thousand dol
lars to their credit, over and above
all indebtedness. The report was
received and ordered spread upon
the minutes, and vote OF thanks
rendered to the old board of direc-
tors for their faithful and PAINS
taking services; special credit being
: given to Mr. H. o. Fulton, former
Secretary, and his right hand men,
DR.. Pillow and Mr.. Rea.
The next order OF business was
the election of new directors, but
before going into that Mr.. e. II.
Hatcher read the following COM
: munication from DR.. Otey Porter,
which-as generous, manly and un-
selfish acts always are-was warmly
applauded:
"Mr. President and stock holders of
IN NpVnV Not ave-
Some time ago / decided, after mature
5 consideration, to offer my services as
manager to the Citizens Telephone
Company. This was well known to
the stockholders, as | had canvassed the
matter before them. / naturally eX-
" pected this offer, together with any
nc others that might be, would DE SUP.
10 mitted to the Board of Directors, about
:, to be elected, whose responsibility IL
" would be TO steer the fortunes of our
u company through the period of their
u term of service.
r, "However, it having been deemed
v, proper by the present Board of Dlrec-
II. tors, they, at called meeting held day
is before yesterday, entered into contracts
M with manager ana otner employees
|, for the ensuing year.
v, tITnder the circumstances feel thai
g. nv candidacy can no longer serve The
It. hest interests of the company. Having
at had from the very inception of the
a. Citizens Telephone Company to the
present moment its true interests SIN
- cerely at heart, and feeling that the
III welfare of the company IS OF far more
n. importance than my own senslollltiei
ra or nv own private interests, | mos
re cheeTfully withdraw my candidacy
20 with the earnest desire to contribute
- whatever lies in my power toward
III: launching our barque of liberty on al
Oh untroubled voyage Very truly,
is 30. j. PORTER"
p Mr.. Hatcher then nominated the
following, who, without opposition
a were unanimously elected director
He for the ensuing year: Messrs. N. +
If Vaughn, A. b. Rains, r. G. Church
ID Jas. A. Smiser, w. b. Greenlaw, w
nd P. Ridley, Jno. Q. Sowell, Emme
cd Hoge, Roland GoOch, j. l.. Hutton
He Rush Gresham, Jno. w. Cecil, A. ]
ten Timmons, Drs. o. j. Porter and /
tn S. Perry.
ian Mr.. +. u. Lander offered a resolu
ton amending the constitution b
ion providing that the directors shout
de not incur in any way any liabilit
q against the company, eXceedln
the $500, without the consent OF tt
to stockholders, said consent to be oil
TX" tanned at a meeting of stockho lde
18th called for that purpose.
In Mr.. d. r. Dorth moved to anne
the by striking out the figures $500. I
ure motion the amendment was table
the and the original motion adopted
in large majority.
one Mr.. j. l.. Hutton suggested, al
nite Mr.. II. o. Fulton framed a resol
the ton, providing thata committee
be three should be appointed to conf
ac- with the Cumberland Telepho
SITS. Co., to see il they could make
advantageous sale to them, from
,ovo purely business standpoint. h
i % the mere suggestion OF such a thi
~ met with such u warm receptiC
that the resolution was withdraw
:. Other questions of minor imp
II 10 were discussed and disposed OF,
lcah debate being spirited and lively
is'- times, but always harmonious.
After the stockholders meeti
Dyed had adjourned the directors 4
le at and elected the following office
IylOr Jas. A. Smiser, President, and
the A. Ruttle, Secretary and Treasu
nave and General Manager. The {
vs.. vices of Misses Carrie Barker
Rebecca Irvine and Mr.. G. Nj.
m. wards were retained In the cent