The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1910-07-21
TELEPHONE TOLLS
Report of Committee on PROPOSE
ton for New System
MAJORITY FAVORS !
Recommendation That ~ Il b
Considered at Public Meeting,
Monday, July %

NOHudy, July ~
In accordance with the vote taken
at recent meeting held to discuss
the proposed new telephone system,
the chairman of the meeting appoint
ed the following committee of live
citizens to investigate and report on
the matter:
w. S. Dean, J. n. McGibbon, o. II.
Schleusener, f. E. Minnette, Albert
w. Dahlem.
The committee held several meet
ings, considered the proposition of b.
d.. Templeman, listened to A. L..
Specify of the Northwestern Tele-
phone Exchange Company, and tinallv
submitted the following report:
"a majority of the committee beg
leave to report that the proposition
presented by b. ID. Templeman is, in
our opinion, very reasonable.
1--WE are offered even amore modern
system than is offered by the North
western Telephone Exchange Com
pany.
THE committee would recommend
that meeting of the citizens ofSauk
Centre be held at the city hall on
Monday evening, July %, to discuss
the proposition presented by the
committee"
This report is signed by Messrs.
Dean, Minette and Dahlem.
Messrs. McGibbon and Schleusener
did not sign this report but join in
the recommendation for a public
meeting.
Under the new proposed telephone
proposition, as offered by b. D. Tenn
pleman, it is agreed that:
For each residence telephone, the
subscriber shall pay maximum rate
of $500 per year, and subscriber
for q business telephone shall pay a
maximum rate of $1,000 per year,
which snail be paid yearly, in three
equal installments. At the end OF
the year each subscriber shall receive
a rebate. or dividend, according to his
investment, of all the surplus money
accumulated after all expenses have
been paid, thus getting his service
at the actual cost Of its production.
In addition to the above rates to
be paid yearly, which is for The pur-
pose OF paying for the operation, main
tenance. incidentals, and provide d.
sinking fund sufficient for reconstruc-
ton purposes. each residence sub
scriber shall buy a share OF STOCK
in the company at $500, and each
business subscriber shall buy share
OF stock at $500, each Of whom Shall
buy their own telephone, when they
are ready to have same installed, at
$1,000 each, which must be approved
by the subscribers committee, who
Shall be appointed by the stockholm
ers. or subscribers-no che can be
a stakeholder unless a subscriber.
Thus everybody will have the same
kind of instrument, which is quite
necessary. The money secured from
the sale of the stock shall be used
for the purpose Of buying the equip
ment. to-wit: switchboard, poles,
wire, cable, etc.
Said stock may be paid for by cash
o. note. notes to be paid WITHIN
three years after execution CT same
i'm semi-annual installments, and
bearing s per cent interest Inc
notes or cash will be placed on de-
post to be delivered after the eX-
change is installed and in operation
and approved by the committee.
b. D. Templeman will furnish a
bond guarar teeing that the maximum
rates shall not be in excess of that
above designated, which at said max
imum rates are but one-half the
price to be paid to the old company
under their new franchise.
AT these lower rates it is expect
| ed that the new company should have
at least one-half more subscribers
| than the old company has ever had
or ever will have at the proposed
higher rates; thus making the ser
vice of the proposed new company
one-half better than that offered by
the old company
This proposed new company shall
be entirely a local concern, by the
people. who will have the absolute
J management and control and who
( will fix the kind of service to be
/ furnished; in other words, the peo-
! pie of Sank Centre will have the