The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1899-02-11
NEW TELEPHONE COMPANY
GEN. BRADLEY, ONE OF THE IN
CORPORATORS, INTERVLEWED.
1t Proposes to Enter the Field Occupied
by the Home COmpany-nIay be Capt.
talized at So, OOO, Oo0-TaII on the SUBJ

l
by the Home Company-May be Capt.
talized at So, 900, Oo0-Talk on the SUBJ
ject.
General E. e. Bradley was interview
ed last evening regarding the new tele-
phone company called the Boston and
New York Telephone company Of Con-
necticut, a bill for the Incorporation of
Hartford yesterday, and the capital
stock of which is to be, if necessary, 49,
100000, of which 100000 is to be issued
at once, par value 500.
General Bradley said that he had been
extremely busy for the last week or two
in connection with his new position as
president of the New England Dairy
company and his other official positions
and hence had no immediate official
connection with the proceedings at
Hartford regarding the incorporation of
the new telephone corporation. He had,
however, authorized the use of his name
! as an incorporation of the new enter
prise. He was unaware that any
other New Haven man was interested in
the new project. 1t might be So but
he knew of no other New Havener so
interested. One of the incorporators, w.
H. Brown of New York, was connected
with the prominent banking house of
| Simon Borg & Co., large dealers in
| bonds and other securities. General
| Bradley, when asked as to the financial
standing and backing of the men from
other cities who are incorporators of the
new project, said that the men were all
financially able to carry forward the
project, having ample funds at their
command, and they made strong team.
Asked as regards the Bell patents, Cen
eral Bradley said the men behind the
new company didn't care a rap for the
Bell patents and that they were conf
dent of being able to furnish as good
and even better telephone service than
the present company furnishes and at
much lower prices. The men behind the
project We're, in fact, thoroughly salts
fled that they could give better tele-
phone service for less money than is
now had. 1t was their intention to push
the project on to speedy completion.
Further than this General Bradley was
at present unable to furnish any more
information on the subject excepting
that the new company would be for
midable competitor to the old one.
The object of the new company is as
the name only partially implies, to es-
tablish a trunk line from Boston to New
York and Philadelphia, with western
connections and exchanges in many diff
ferent sections along the route. Colonel
]. w. Rutherford, one of the incorpor-
ators, is a managing engineer of much
experience and versed in telephone en-
terprises. He has been in New Haven
making surveys of the thoroughfares
through which the proposed conduits
are to go and figuring on the estimates
of the probable cost. Mr.. Brown of
New York is known as successful pro-
moter of enterprises, such as the pres
emit He has made several visits to New
Haven in reference to the new enter
prise and has met General Bradley here.
The list of incorporators named are
General e. e. Bradley of New Haven,
John W. Seymour of Norwalk, Cakes
Ames, Charles e. Adams and E. S. Hol-
brook of Boston, w. H. Brown of New
York, and Colonel John w. Rutherford
of Philadelphia. OF these gentlemen
Messrs. Cakes Ames and Holbrook are
large owners in the new Boston Tele-
phone company, and Charles E. Adams
is president of the Boston board of
trade.
The attorneys for the company are
Ex-Governor T. M. Waller, S. Harrison
Wagner law partners, with offices in |
New Haven and New York.
Rates of the new company will be |
uniformly low, and will be, according to |
the prospectus, from fully 100 per cent. |
to 300 per cent. cheaper than those now !
charged by the Southern New England. |
In the bill presented by Mr. Bree yes
terday morning the specified cost is not
to exceed $50 a year in private residences
and $50 in business offices. The prices
charged by the Southern New England
Telephone company at present are s36
for party private wires and $72 for party
business wires, $4S for single residence
lines and $12O for single business. The
new measured service is $50 connections
for S25 on party lines and 1900 connec-
lions for $72 on single wires.
The new company intends to charge
S24 year for private residence wires
and $40 a year for business wires.
The new company will no doubt meet
with strong opposition in the legisla-
ture A. prominent gentleman said last
evening that the home company had
been very reasonable in it's charges had
been very enterprising; had had a hard
fight to win it's way along and being
already in the field and covering it we'll
there was no need of any new COM
pany.
President Tyler of the Southern New
Eng land company is not in town. He
eft last Tuesday on a western trip and
was expecting not to return under a
month.