New-York tribune., 1906-11-18
FORM WIRELESS TRUST
Mmcom and american De Forest
Systems Merged.

? Papers OF Incorporation were filed yesterday at
Augusta, Ne. for the United Wireless Telegraph
Company. being a merger OF the Marconi ana Amer
lean De Forest systems. The new concern Is TO
have capital OF $4,000 600 and represents what has
been referred to as the Wireless Trust. although
Abraham White. president OF the De Forest COM
pany and also president of the new enterprise, said
YESTERDAY that he preferred to have the new cor
pors ton known as a union. and not trust
The object OF the United Wireless Telegraph
Conapsry will be 10 acquire the latest and most
improved inventions employed in telegrsphy and
conts-,-e its development and expansion through
out the world. While no promise is now made that
the wireless system will Immediately supplant the
Western Union end Postal systems. the officials
believe that this will eventually happen, and promise
that the shall be 20 per cent cheaper than for
service oyer the lines OF the latter two companies
Mr. White said:
The largest and nd 9s . port copsne m
in favor of the union of wireless interests ana
papies point to the attitude OF the bankers ,k
ana selling Marconi securities which will now be
discontinued, they are turning over aii t@her @
support the United company. 1t is the majority
Of stock that counts mt " 69h has
lutely nothing to DO with the nes9flau%qms; ia %
angsn b sen Fnssb Msrconi Company owns only
q o. few e Shares Compare lively of that company S
stock Marconi himself, according to the stock stock
ss5 apd per csHt Of si the BsIS
IT takes only 81 cent 10 controi ana UNIT
much larger per cent than this of all the lead
ing wireless companies IS strongly in favor OF the
union of interests. The attitude Of our own gov
arnment as we'll other governments interested
IN wireless telegrapby. shows how strongly In favor
OF the United working management IN wireless
teIegraphy the interests most affected are. The
Berlin conference. where the worlds wireless con-
sress was recently held. made important RECON-
mendations in regard TO the Interchange OF wireless
messages throughout the world
Mr. White expressed the opinion that the Eng
Iish Marconi company. which controls also the
Canadian company. and has capital Of 100000
will add its working capital to the new enterprise.
The directors OF the United Wireless Telegraph
Company are Abraham White, New York: T. +,
Buchanan New York; II. H. Mcclure, New York;
Don Giovanni del Principi del Drago, Of Rome.
italy: George Irving Whitney. Pittsburg; G C. Cal
braith New York; s. 5. Bogert New YORK; = harles
A. Lieb. New York; Greenleaf Whittier Pickard
Boston; John s. Seymour, New York; Francis \.
Butler, New York; Philip FarnsVyorth, New 7 OK;
Arthur English. New York, and George e hnaoe'
New York. -
Buchanan. vice-president; George c. knabe. treas
81 urer, and Arthur English, secretary.
The $50 10000 capital of the company VIII be dl-
vided into 1000 coo shares per cent preferred and
600 900 shares common stock at tbs par value or
no No arrangement has yet been made for the
Conversion Of the outstanding stock Of the two
merging companies into the stock of the United