The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-11-19
NEW HEAD FOR
BELL COMPANY
H. Vance Lane of Omaha Sue
CeedS George Y. Wallace
as President.
CHANGE EFFECTIVE DEC. |
WALLACE'S RETIREMENT DUE
TO ADVANCING YEARS.
CHANGE EFFECTIVE DEC. /

With the news of the election of H.
vance Lane of Omaha as president of the
hocky Mountain Bell Telephone COM
pahy which came yesterday afternoon
from Omaha, comes the first announce
ment of the resignation Of George Y Wal
lace as president of the company The
change was made Saturday afternoon at
meeting of the directorate of the COM
pany IN Salt Lake but the news was not
made public until yesterday Mr.. Wallace
viii not retire from active duties as an
officer Of the telephone company. but will
become chairman of the bosIf of direc-
Mr.. Lane, who is scheduled to beosme
the new president of the company. Sbc-
ceedlnS Mr.. Wallace on Dec. !. is the vice
president of the Nebraska Telephone com
pany. another Bell concern. He has been
IN the telephone business for many years
and IS familiar with the practical work
lngs of a large telephone system. Mr..
Lane has lived for twenty years i'm Oma-
ha and has many Salt Lake friends He
was through here not long ago with the
Nebraska trade excursion from Omaha.
Telephone officials say that the change
OF presidents OF the Rocky Mountain Bell
Telephone company had absolutely moth
ing to do with the reputed recent purchase
of the Utah Independent Telephone COM
pany- 1t Is predicted that there will be
TO sweeping changes in the office force of
the operating department of the company,
and that the policies pursued at present
will remain unchanged.
N-7Ol ~ l. W tAldfts LAtE ItlliiliE lAF>l-
dent, first came to Utah i'm 1865. He came
| here with his family in 1872 and was en-
gagged in the grain and forwarding bust
ress for several years. and i'm that way
became familiar with the territory which
is now covered by the Bell system. He
was one Ct the incorpOratOTs of the COM
pany when it was founded an 1888. He
became president of the company in 1857.
| a position which he has now occupied for
over twenty years.
MIR. WaIace's Statement.
Speaking Of his resignation. Mr. Wal
lace last evening gave out this statement:
My resignation as president is nothing
revolutionary 1t has been under con-
sideratiOn for more than a year and
there is nothing about ii to cause any
comment. I retain all of my holdings
and l hope the present directorate will
stay with me in my new position as
chairman Of the board. and 1 have every
reason to believe il will. The new ar
rangement is agreeable to parties most
/ interested and has been thoroughly con-
/ sidered. It is nothing unusual nor any
! thing that can fail to better the com
] pany's affairs, ] am sure.
IF the business were not of such
! public character my change of position
would likely go without comment. The
idea is simply to put new driver on
the box. A man, after he gets along in
years, may still be able to pick out
good team of horses and the best wagon
and know the best road to take to get
I
hauled, and yet feel that he cannot prop
erly drive the team so as to avoid the
stones in the road
'sThe change is especially desirable at
this time because the right man is avail
/ able to take up the duties Of president
Mr.. Lane has consented to become pres
ident and he is in every respect the most
desirable man for the place His train
ing. experience and personality are just
what the Rocky Mountain Bell Telephone
company needs in a president"