The Somerset reporter. [volume] (Skowhegan, Me.) 1868-1909, 1908-01-09
Somerset Farmers Cooperative Tel
ephone Company Holds Annual
Meeting at Norridgewock.


The Somerset Farmers Corpora
tive Telephone Company held their
annual meeting in Grange Hall, Nor
ridgewock, Monday of this week,
Jan. 9Th.
Stockholders from the various
towns to the number of $50 or more
were present. The meeting was
called to order by Clerk Fred Magoon
of Scion at 10 A. M.
The reports of the various officers
were listened to and the affairs of the
company were found to be in good
shape and the bonded debt reduced
to less than $500. All of which was
very acceptable to the company, and
all of the old board of officers were
re elected to serve for another year,
the list being as follows: J. W. Pack
ard, president; Frank l.. Ames, bust
ness manager; Charles L. Holbrook,
/ treasurer Fred Magoon, clerk; P. S.
Longley, auditor. The following
board of directors were also chosen:
J. W. Packard, Skowhegan; Frank l..
Ames, Norridgewock; W. w. Great
on, Starks; s. II. Beal, Cornville; j.
NJ. Brown, Scion; Anon Baker,
Bingham; Geo. II. Foster, Canaan.
The articles in the warrant were acted
upon as follows:
Clerk Magoon made report of the
net gain of 100 subscribers during the
past year.
Business Manager Frank L. Ames
reported that the debt of the company
had been reduced during the year
from S1425.6 to 1877 .53; in other words
the net debt per subscriber has been
reduced from 1926 per subscriber to
So cents. The reduction in the net
debt of the company to the compare
lively small sum of S377.53, has
been made possible by increased toll
receipts for the past year. The trea-
surer, c. l.. Holbrook of Norridge-
wock reported that the cash received
and paid out during the year was
nearly $4,000. All orders for the year
were in and paid. He reported the
company to be in a most satisfactory
condition financially.
Article two re lated to the building
OF trunk line from The Forks to
Caratunk; from Caratunk to Bing-
ham; from Bingham to Scion; from
Scion to North Arson and from Show
hogan to Canaan.
The matter was left in the hands of
the board of directors who were in
structed to build as much trunk line
as possible, without increasing the
annual service bill above SO year.
1t is estimated that the whole line
can be trunked from The Forks to
North Arson and also from Show
hogan to Canaan during the coming
year without increasing the service
bill of 50 quarter. Article third, to
see if the company would vote to pay
$500 on the bonded debt OF the COM
pany was passed over. Article four,
relating to keeping on hand certain
supplies for telephone repair was re-
Meeting adjourned. Article five, to
see what contracts for connection Of
lines the company would make with
the Northeastern, the Franklin Farm
ers, and with the Peoples Telephone
companies for the ensuing year was
referred to directors. Article six re-
lated to the matter of the compensa-
ton of the business manager. 1t was
ment with the board OF directors.
Articles 7 and s, relating to the COM
pensation of clerk, treasurer and aud
itor and to bonds of those officer was
also referred to the board of directors
for adjustment. Article 10 was to see
If the company would instruct the man
ager to make a personal canvas and
hire such competent solicitor as may
be needed, to make thorough canvas
of every house and place OF business
in the villages of Fairfield, Madison
and Skowhegan for new subscribers.
This matter was discussed at some
length, and vote was finally taken
to let the board of directors do what
they thought best. 1t was feeling
of the meeting that canvas ought to
be made In those towns.
The meeting was adjourned and all
went home we'll pleased with the
showing of the company, and that
their board of officers were the right
men in the right place.