Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1907-02-12

On Tuesday evening, Feb. 9Th, the
twelfth annual meeting of the Wausau
Telephone company was held at the
court house in the supervisors room,
and was called to order at O'Clock by
Nathan Heinemann, president The
meeting was well attended. The min
utes of the last annual meeting was
read by secretary James Montgomery.
which was followed by the reading OF
the report of the board of directors.
The report showed the affairs OF the
company to be in excellent condition
and the same is published in full by the
PILOT. The question of declaring a
dividend was thoroughly discussed and
it was voted to declare one OF ten per
cent. some time during the year, the
time to be left with the board OF direc-
tors.
On motion the board of directors was
reelected and the meeting adjourned
The directors held a meeting and
elected the following officers for the
ensuing year
President-Nathan Heinemann.
Vice-President-E b. Thayer.
Treasurer-W w. Albers.
Secretary-James Montgomery.
Counsel-G. ID. Jones.
REPORT OF THE BOARD OF DIRECTORS
To the stockholders of the Wausau Telephone
Company,
GENTLEMEN:
We present to you herewith our
twelfth annual report. We are glad to
say the year has been uneventful and
prosperous. The new system installed
in October, 1905, has, we believe,
proved its value and amply justified the
large expense incurred in installing it.
Our outside construction work was so
well done we have had few repairs to
make, and very little expense for mere
maintenance work, and so far as we
are aware, every patron is well pleased
with the system and with the service he
is getting During the year we have
been obliged to incur considerable ex-
pense for new construction work. We
have added fifty (50) single line tele-
phones to our exchange, and fifty (5O)
party line telephones. These party
lines have a capacity of four instru-
ments to each line, and each is provided
with a separate number and separate
ringer, and the only inconvenience lii
its use is that any of the parties on the
line can listen in, and they are really
obliged to do this to ascertain whether
| the line is in use before ringing up a
number. The taking down of the
| phone, however, for this purpose,
always gives warning to the parties
talking. and does not IN any way affect
| the privacy of the line. We recon-
mend this party line in any neighbour
| hood where patrons can agree as to the
parties to make up the number, and we
have required it especially on the dis
tant lines. We have seven hundred
and lightweight (7SS) telephones now
in use, as against seven hundred GOO a
year ago, and we have recently or
dered fifty (50) more telephones, to meet
| the demand. We have a number of
new applications for telephones, and
| the growth of our exchange demands
this in our equipment.
| We are also adding all the time to
our outside equipment The proposed
new street railroad will compel us to
make some changes. and especially will
oblige us to put in cables on the Grand
avenue line We have ordered thirty
six hundred $4,000 feet of one hundred
| pair cable, and the same amount of
fifty pair cable for delivery and INSTALL
alton early in the spring and we can
assure patrons that the directors of this
company will continue to do all in their
power to promote the efficiency of our
| service.
Our financial statement year ago
showed a net indebtedness of twenty
six thousand, six hundred thirty-four
dollars and sixty-fve cents (S26634 65);
| this year this net Indebtedness, as
shown from our statement. is twenty
five thousand four hundNd lightweight
dollars and sixty cents (S25, 4SS Coy a
small decrease. We have paid out,
material nearly six thousand dollars
(S6, 900 00), and for labor on this material
| a little over two thousand dollars
| ($2, 100000. None of this has been for
maintenance and repair. We believe,
| therefore, that The present rates for
service are likely to prove sufficient,
and we do not recommend any increase
thereof We are sure that our patrons
will all agree that the rate is a very
moderate one, and if our growth contin-
ues it may be necessary in future years
TO increase it.
The directors are grateful for the
| support they have at all times received
from our patrons. The citizens of
Wausau have Loyalty supported this
company. We wish especially to thank
] the banks of this city for the support