Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-12-06
RURAL COMPANY REPRESENTA-.
TlvEs LAY THE FOUNDATION
OF CORPORATION.
COMMITTEES REPORT is
ACCEPTED SATURDAY
Additional Steps to Be Taken at Once
to Band as Many of the Rural Com
panies as Possible Together Into the
Farmers Mutual Telephone Associ-
ation-Board to Make Contracts.

The foundation of a cooperative as
sociation of the rural telephone COM
panies OF the county was laid in the
west court room Saturday afternoon.
when the report of the committee Sc
lected to prepare a constitution for the
organization, was presented and adopt
ed. This committee consisted Of ]. B.
C!assen, of Vienna; Charles Lynch. or
Green Mountain; y. a. Evans. city;
Robert Harper. Marietta; ana E. L.
Monohon, Timber Creek.
To get in on the ground floor as
i,corporators, and also ia show their
Willingness and purpose the articles of
incorporation were signed by thirty one
rural telephone users before the meet
ing adjourned.
Is Merely Mutual Concern.
SO far as the proposed organization
has advanced 10 date and insofar as
the articles of Incorporation contem-
plate. the corporation is merely mu
tual banding together. with no pre-
cuaiary profit in View, but for the pur-
pose ..of providing a common defense
against any entertainments and TO pro-
mote the general welfare of all rural
telephone users and to secure TO our
selves the very best exchange service
possible at reasonable cost" as the
articles express II. The name adopted
is the Farmers Mutual Telephone AS
ISOLATION.
Capitalization of Rate Making.
The chief idea embodied in the ar
ticles of incorporation is the banding
together of the rural telephone inter-
ests into one corporation for the chief
purpose Of having one central body,
which has the authority to make ex-
change rates for all Of the companies
that are members. The promoters feel
that the corporation, being able 10
place the exchange blsiness of several
hundred rural telephone lines. will be
able 10 secure better. terms than the
small rural companies would when each
acted for itself
The Plan of Organization.
The plan of organization is 10 secure
each rural company for member in
the corporation. The interests OF each
company. would be looked after by its
president who. when his company
joins, becomes a man Der Of the elect
oral board of the corporation. This
board elects board of seven directors,
president, vice president, secretary
and treasurer. The board of directors
ara granted absolute authority TO
make all contracts for the corporation,
and il is further stipulated that all
contracts are TO expire al the same
time. Each individual rural companv
is. however. to De owned and governed
at it has been. An assessment Of 25
cents per phone is made for the ex-
penses of the corporation whose of
fieers. with the possible exception OF
the secretary, viii draw no salaries.
To Co After Members.
An efor. is TO be made at once TO
secure the membership Of as many. or
all of the rural companies of the coun-
X. if that is possible. Invitations. to-
gether with copies Of resolution
which. when passed by the rural com
panies. makes than members of the
corporation and binds them to the ac-
ton Of its board of directors. are TO be
sent 10 all Of the country companies
with an urgent request that a special
meeting of the members be held TO take
action on the resolution.
The promoters are confident that a