The evening times. [volume] (Washington, D.C.) 1895-1902, 1902-01-14
WESTERN UNION
QUITS THE A.D.T.
Announcement Of Rupture
Made by Edwin Gould.
PARTNERSHIP WAS ANCIENT ONE.
For Thirty Years 4. ID. T. Has chr
ried Telegraph COmpnny-s Mes
S"Ees-iOuId Says He VIII Organ
lie IA New Company, and =. ID. T. II
Said To BE Negotiating With Postal

NEW YORK. Jan. 14-Edwin Gould and
others OF the Western Union Telegraph
Company have formed a company to carry
on the messenger service of the Western
Union, which was formerly performed by
the Amoric.q District Telegraph Com
pany.
This announcement was made yesterday.
lie said that the capital stock was $780,
o0e and that the company intended to
perform exactly the same service for the
Western Union that that company paid
the American District Telegraph Com
pany TO perform. in short. that there viii
he a complete rupture Of the relations
which have existed for over thirty years.
This is the result Of the trouble that
was recently precipitated when several
stock brokers owning large interests in
American District Telegraph sent out a
circular to stockholders asking for prox-
les 50 that al least some Of the interests
outside OF Western Union might be repre-
scented on the board in the future It was
asserted that the company had been used
merely a side issue for Western Union.
The circular called forth d statement
from General Eckcrt president OF the
American District Telegraph. as we'll as
Of Western Union. in which he referred
20 the opposition as alleged StOCkuOId-
eTs, although 81 possessed more stock
than do the present directors He said il
was the intention OF the board 10 ask the
stockholders to consent 10 a TeduCtiGG Of
the stock. from 40, 900 shares 10 2o,GO0
thereby cutting down the capital from
$4,000 .0C0 TO $1,000 COO
This proposed reduction Of stock brought
out another protest from stockholders and
they began 20 send in their proxies 10 the
opposition, headed by Charles a Missing
II is said nov that the opposition is In
control, and will. after showing its hand
at the next annual meeting. begin TO make
the A. ID. T. what they believe it ought
10 be-
II is proposed for one thing to connect
the 10000 boxes in the offices and houses
in New York with The district Offices by
means Of aUdIphones. 50 that a bov can
be called for and instructed thus saving
time. y was said that this plan was OBJ
iectionable to Western Union people for
the reason that il night interfere with the
New York and New Jersey Telephone
C0mpany's business. in which they have a
large interest u was also pointed out
that under IFS charter the A ID. T. could
resolve itself into an independent telephone
company.
Il 10 not see why We should be worried
about this" said Mr.. Missing yesterday.
In the first place. how long would 10 take
10 get into the cOnduits and wire every Of
fee building and many Of the residences
in this city, Then. again. fl is not reason
able to suppose that some other telegraph
company might be willing to avail itself
Of the advantages that the A d. r. could
giye2
AR. GoaId's announcement is tants-
mount 20 a statement that he has thrown
down every nersOn who gave PROXY for
the n5Tt annual meeting II seems almost
uuossible rat He could contemplate an
Undertaking that would take years TO ac-
complish and be much more costly 20 the
Western Union than an arrangement n lth
the A ID. r..
II IS said THAT the A d. T. is ~lraady
negotiating 1Iih the Postal Telegraph
Company.
At fbe reaoo of tho pozraI -Tagna---t-,h