The Somerset reporter., 1906-01-04
Held It's Annual Meeting.

The annual meeting OF the Somerset
Farmers Cooperative Telephone ON
pany was held at Norrdgewock, Mon
day, commencing at 2 O'Clock Gonsid
erable prominence had been given to
this meeting by matter of dissatisfac-
ton on the part of number of the
Mercer AMI Starks subscribers in regard
TO certain wire connection made by
the president of the Farmers Company
with the Peoples Company of Mercer,
which, although it appeared TO be of
considerable convenience to the differ
ent subscribers of both lines in that
section, was not indorsed by the the
business manager of the Farmers Com
pany, Mr. T. l.. Ames of this town on
the ground that it would be likely to
create leakage of tolls through use by
parties who we're not subscribers 0of
either line, aud Mr. Ames was instru-
mental ia having the line in question,
cut A meeting was held by the sub
sctibers of that section and IT was de-
cided that they would try their strength
for a new general manager and hr. A.
%. Brackley was chosen ds a candidate
for that position With these things 10
view a large number of the stock holders
began to be Interested and good atten-
dance was turned out when the annual
election day came around After the
meeting was called To order by the clerk,
Mr.. K. B Everett of Norridgewock, the
reports of the directors, treasurer and
auditor we're listened to and accepted
and the election of officers taken up
j W. Packasd OF Skowhegan was elect
ed president and director; Fred Magoon,
Soon, clerk; l. Ames was reelected
as general manager; Fred Witham of
Smithtied, W w. Grayton OF Starks,
| ID b Hobart of Madison, j. A. Jones of
Fairfield, s. h. Beal of Cornville, direc-
tors; Charles Holbrook, Norridgewock,
treasurer; p = Longley, Solon, auditor.
Articles ITO determine what contract
for connection shall be made with
the Northeastern Telephone Company
for the ensuing year," Ito determine
and instruct the directors upon what
terms to connect this company's lines
with those of the Peoples's company of
Mercer" 80 see if the company will
vote to accept, without expense, the
telephone line extending from point
near l.eeman's house to the middle OF
| sandy river and connecting with the
wire OF the Peoples Telephone Com
pany of Mercer;;' and "to see If the
company will vote to connect its line in
Starks, near K Leeman's house, with
the line of the Peoples Telephone
Company, by means of the line describ
ed in the preceding article; were left
with the board of directors for adjust
ment 1t was voted that free exchange
be made for the subscribers of this line
with the subscribers of the Franklin
Farmers cooperative Telephone Com
pauy, the toll business between the two
companies to be adjusted by the board
of directors. A debt of something over
| 81 10000 was reported and discussed
aud it was voted To issue bonds tor the
amount of thousand dollars giving
mortgage security upon such part ot the
property of the company as would De
necessary to secure il, and the directors
were authorized TO Immediately pro-
cure. execute and place the said bonds
and use the proceeds in payment of the
interest bearing debt of the company.
Articles to see if the company would
pace "A premium of twenty per cent on
stock; aud to see If the company would
vote TO raise a sum of three hundred
dollars by assessment for trunk lines
were passed over.
An article to amend the bylaws to