The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1901-04-18
HOME TELEPHONE.
0skaloosa Company Transfers its
interests to Large Corporation.


"The Oskaloosa Home Telephone
Company" large corporation of
eastern capitalists. The transfer was
completed and the articles of incor-
poration of the new company were
filed with the county recorder.
Senator II. H. Evans of Aurora,
Illinois is president of the new COM
pany. w. d. Dunsmore of this city,
superintendent of the old company,
appears with the new company as
vice president and local manager.
E. r. Conklin of Joliet, Illinois is
secretary and general manager of
the new company. M. Slusser of
Downers Grove, Illinois is the treas
urer.
The corporation is wealthy one
and has large interests in telephone
property in Ohio and Illinois and
now it comes to Iowa. The company
is in no way interested in or con-
nected with the Bell Telephone Com
pany and is an entirely independent
company. The corporation has over
So, 1000, 900 invested in telephone pro-
perties in Ohio and Illinois.
The authorized capital of the
Oskaloosa Home Telephone Company
as stated in the articles of incorpora-
ton is 500, 900. The business of the
company will be that of any telephone
corporation, that of buying, leasing,
owning, erecting, constructing, sell
ing, equipping and operating tele-
phone exchange in the city of Oska-
loosa or elsewhere in the state of
Iowa or in the United States; to buy,
lease, own, and sell such real estate
as may be necessary to operate its
business; to buy, lease and own such
franchises, rights and letters patent
as may be necessary for the prosecu-
ton of its business and to do all
things necessary to carry out the
purposes of the incorporation, in
Guiding the right to purchase, lease,
equip and construct telephone lines
between Oskaloosa, Iowa and other
places in the United States, etc.
The new corporation was dated to
begin business upon the 18th day of
April, and is incorporated for a term
of twenty years.
The affairs of the company will be
conducted by board of three direct
ors and those chosen for the first
term are II. II. Evans, M. SIusser
and w. d. Dunsmore
The rates for service will be in no
way altered but the service is to be
greatly changed and bettered and the
property will be improved in every
way.
Messrs. Evans, Conklin and Slusser
were in the city yesterday attending
to the details of the business attend
ing the transfer of the property. Mr..
Conklin will be in the city more or
less during the next several months
to give personal attention to the
improvements that will be put in
The consideration of the transfer was
$50, 900. The gentlemen of the new
company are all practical telephone
men and are we'll acquainted with
the worth OF property of the sort
purchased. They express themselves
as we'll satisfied with the Oskaloosa
property and state that they will give
the city the best exchange there is to
be found in the state Of Iowa. While
they are largely interested in other
properties located in Ohio and ILL
nois, this is their first venture in the
state OF Iowa and they will m axe it a
perfect property. There will be a
great amount of improving done
during the year and the work will be
commenced in the near future. The
work and improvements completed,
say the gentlemen shall stand as the
evidence of their intentions toward
the new property.
The former company, known as the
Home Telephone Company, was in
corporated under the date of Feb. II,
1895. 1t was incorporated by party
of Oskaloosa business men of sound
judgment and business enterprise.
w. II. Kalbach was president, Chas.
Huber, vice president and Fred Green
was secretary and treasurer at the
time the property was transferred.
E. K. Hines and Sam T. Slade were
identified with the property and the
atten liant responsibilities during
their residence in this city. A small
local exchange was started by the
company, more with the aim of re-
belling against the current rates
charged for telephone service in the
city and for getting more reason
able service than for aught else. The
company was popular from the start
and it fulfilled its mission to the
letter. Prevailing rates were greatly
reduced and remain so today. The
announcement is made on the author
ity Of the new company that there is
to be no increase In the old rates but
that current charges will remain the
same. The exchange grew very rap
idly and the Home company found
that 1t was a task to keep pace with
the increasing demands of the bust
mesa. Citizens desired to become
subscribers of the exchange and out