The evening times., 1899-11-07
TWO MORE RICH TRUSTS
Separate Combines of Telephone
and Limekiln Interests.
The Charter for the Fir~t-Named
Filed at Bnltimore-AlI Companies
In the state of Maryland to he
United-Both To Be In Active ope-
ration by the First of the Year.

BALTIMORE. Nov THE United
Telephone and Telegraph Company. in
corporated under the laws of New Jersey,
has filed copy OF its charter here and will
enter upon business in the State Of Mary
land Arrangements for combination
of the lime making companies Of the SoL h
have also been completed. The
deal for consolidating the lime
plants was engineered by the bank
ing firm of sperry Jones & Co. The new
company will be chartered under the laws
of New Jersey and will be known as the
Consolidated Lime Company. The company
will have a capital OF about 81 100000 and
will go into operation on January 1. 1907
Offices of the company will be locatet in
Chattanooga Tenn, and Montgomery. Ala.
The incorporators of the United Tele-
phone and Telegraph Company are Messrs.
Alexander Brown. Thomas J. Haywood, s.
Davis Warfield, and James Bond.
One of the first moves to be made by
the new company will be to absorb the
Maryland Telephone and Telegraph Com
pany of Baltimore and the PittSburS and
Allepheny Telephone Company of Pitts
burg. This is to be followed by the secur-
ing of control of a number of other inde-
pendent exchanges in various cities and
. connecting tne diHeIeHt cities ny q iohS-
distance service.
This is the second big company formed
within the past ten days to compete in
long-distance and local service with the
Bell Company. The Continental which is
the name of the other company, has among
its promoters Messrs. William l.. Elkns.
George ]. Gould William c. Whitney, P.
A. B. widener, and John Jacob Astor
The United Company will, us soon as
formal action is taken to absorb the Mary
land Telephone and Telegraph Company,
have one plant in active operation. Both
the Baltimore and Pittsburg properties are
under the control of Baltimore interests,
that are now spending s2.5OO.O0O in cash
on their development. The Maryland Tele-
phone Manufacturing Company, which is
also controlled by these interests. owns
patents for switchboards and telephones,
and II is the purpose to use these patents
in developing the business of the new s5.
600 900 company. These patents mark it
is stated decided departure in the appa-
ratus used for telephone service and in no
way infringe upon any of the Bell devices.
Through their use such important econo-
mics are possible In operating independent
exchanges as to enable them. it is stated,
to give service at less than half the rates
which are charged by the Bell Company
In different cities.
In Baltimore the Maryland company is
now expending about 100000. This in
cudes the erection of central exchange at
the northeast corner of Lexington and
Courtland streets and three branch ex-
changes. a modern switchboard will be in
stalled and the capacity Of the central and
branch exchanges will aggregate about
1000 telephones. The city subways will be
used wherever they are laid. and outside
of the subway district the company already |
has its poles up. 1t is expected that by
April l of next year the company will be
in full operation. In Pittsburg the COM
pany is building under 4 city franchise its
own subways and modern central sta
tion, with branches. is being built, TO ac- !
commodate in all 5000 telephones. II is /
expected that by March of next year the |
Pittsburg will be ready for operation,
While work is being pushed upon these |
exchanges, it is understood that number |!
of pending deals for the control OF the in /
dependent telephone exchanges al various !
points in the South and West will be closed |
officers OF the new company will BE- elected |
at early date, and Henry B. Parr will be !
chosen as president. In addition to his /
large grain exporting business, Mr.. Parr /
is director and a member of the executive
committee of the Continental Trust Com
pany. the Maryland Trust Company the
Mount Vernon Woodbsrry Cotton Duck
Trust, and a number of other corporations