Alma record. (Alma, Mich.) 1878-1928, 1907-03-27
UNION TELEPHONE CO.
Hold Their Annual Meeting,
March 2Otn. in This City at
Wright House Parlors.
CLOSING A PROSPEROUS YEAR.
L. L. Conn of Durand Elected Sec
retary to Succeed ], w. fildew--
List of Officers.

A large and enthusiastic crowd assem-
bled at the parlors of the Wright House,
Alma, on Wednesday, March goth, the
occasion being the ninth annual meeting
of the stockholders of the Union Tele-
phone Company. The meeting was called
to order by the President, Tod Kincaid of
Owosso, who briefly spoke of the ex-
cellent condition of the affairs of the
company and the bright prospects for its
future growth and prosperity. The an
nual report of the assistant secretary for
the fiscal year ending Marchh, 1907, was
of unusual interest, showing as it did a
financial condition that would be very
hard to excel. 1t is very gratifying
indeed, to learn of the affairs of a
company that is managed along the con-
servative and careful lines that charac-
terized our successful. business enterprises
before the days of 'get-rich-quick"
schemes and frenzied finance.
The Union Telephone Company has
5000, 900 worth of capital stock divided
among 64e stockholders, by far the
greater part of whom reside within the
territory that it is now developing
Right here is the secret of the wonder
fuf success and strength of the Union
Telephone Company. In every city,
village, and hamlet in the rural district
as we'll, can be found loyal stockholders
ever ready to do all in their power to
assist in improving the service and in the
upbuilding of its business.
The Company has no watered stock,
has never had bond outstanding and
only issues stock at such times as funds
are required for immediate new construc-
ton. During the year there was a net
gain of II9S telephones making total
of 7. 36S telephones in service, March l..
1907.
The report of General Manager w. J.
Melchers, showed that the lines and equip
ment of the Company was in first class
condition and suggested that additional
toll lines be built to accommodate the in
creasing toll business of the Company.
In connection with this he spoke of the
exchange that is now being built by the
Detroit Home Telephone Company which
has,already secured over TO- 900 contracts
for telephones. During the present
month papers have been filed at Lansing
for the organization of $IS, 900 900 tele-
phone company for the purpose of build
ing extensive toll lines in this and
neighboring states. Arrangements have
already been made to connect these pro-
posed lines with the Union Telephone
company's lines. at Holly, and to take
care of this new business, the company is
arranging to put up over $4,000 worth
of new toll lines the present season.
The following directors were elected
for the ensuing year after which the stock
holders meeting adjourned:
Tod Kincaid, Owosso; Jas. p. Gibbs,
Ithaca; J. H. Fildew, St. Johns; w. A..
Bahlke, Alma; G. S. Aldrich, St. Louis;
c. w. Gale, Owosso; G. 5. Ward, Alma;
f. G. Thiers, Mt. Pleasant; S. +. Par
kill, Owosso; +. S. Wagar, Edmore; ]. T.
Millman, St. Johns; c. T. Babcock, St.
Johns.
Following the stockholders meeting,
the new board of directors convened at
the officers of the company at which time
the following officers were elected for the
ensuing year.
President-Tod Kincaid, Owosso.
Vice -president-Jas. p. Gibbs, Ithaca.
Secretary-L. L. Conn, Durand.
Treasurer-G. s. Ward, Alma.
General Manager and assistant Sec
retary-W. J. Melchers, Alma.