The Sauk Centre herald., 1908-12-17
'1h[LLO'' MEETING
Sauk Valley Rural Telephone Com.
pany Does Business
The ANNUAL GATHERING
Officers Are Elected and Reports
Submitted Showing Condition
of COmpauy's Finances

/
| The annual meeting of the Sauk
Valley Rural Telephone company was
held in the city hall, Sauk Centre, at
1 O'Clock, p. m, on Monday, Dec. z.
The president, Andrew Wicklund, call
ed the meeting to order and who in
troduced Mayor F. E. Minette.
The mayor gave an address of well
come. He complimented the members
of the company and said he was
proud to be a stockholder in an Or
ganization that had accomplished SO
much good for the community, and
urged the members to stand together
and make the system as extensive as
possible. The meeting was well at
te' ded and much interest was shown
throughout. A. H. Hendrickson, came
in for his share of praise for the
work done during the year, and also
received his part, of the criticism.
The report of the secretary showed
that the company now has 1873 miles
Of rural lines, of which 80 3-4 miles
were completed during the past year,
and that when all telephones now
bought, are installed, 1852 phones on
these lines will be in use. The cost
CT the lines as now completed is
81. 3.408.91.
The financial report of the COM
pany showed that there had been
some struggling to make both ends
meet with the means provided. 1t was
shown that in order to pay DEFICIENCIES
existing on the various divisions in
the building accounts the patrons of
the several divisions had met and
agreed to make loan to the company
sufficient to pay all debts, which
amounted to $500 each on division
No. 1, $4.00 each on division No q.
ard probably will amount to $500
each to each telephone on division
No. g. This meeting passed reso-
luton authorizing such loan and or
dered the same to be paid in before
Dec. 5. Division No. had practically
paid all of such loan already; divis-
ion No. 1 had just agreed to it, and
nothing had been paid Division No.
8 was not called for yet, as COM
plete settlement had not been had.
A motion to divide the money by
selling part of the lines was voted
down, only four votes being cast in
the affirmative.
Several changes were made in the
bylaws, the most important being the
change relating to the manner of col
lecting operating expenses. Instead
of levying and collecting the neces-
sary amount every quarter, each
phone holder is now required to de-
post with the treasurer at the be-
ginning of the fiscal year, Dec. 1, the
sum of $1.0O and on the following first
day of June the sum of 500, and
out of these amounts the necessary
bills shall be paid, and the balance if
any returned to the patrons at the
end of the year.
| The annual meeting was empower
ed to name one of the charter Off
GERS as general manager, and the
respective directors shall be district
managers ex-officio in their respect
i've districts. The following Officers
were elected:
Andrew Wicklund, Sauk Centre
| President.
Andrew Rasmussen, Kandota, vice
president.
A. H. Hendrickson, Kandota. secre-
tary.
Ole E. Olson. Sauk Centre. trcasur-
er.
Gust Emlom, Kandota. director line
No. 1.
| John Kortan, Kandota, Directors
Line No. 2.
c. T. Johnson, Sauk Centre. Direc'
tor Line No. 3.
John Grey, Ashley, Director Line
No. 6. @
1 Thos. e. Thompson, North Fork
Director Line No. z. -
| At o'clock p. m. the meeting ad
jcurned to Saturday, Dec. 10, at / p
m, to meet at the same place tt
receive the report of the auditing
committee and to complete the unfin
ished business.