Coeur d'Alene evening press. (Coeur d'Alene, Idaho) 1907-1929, 1910-06-16
COMPLETE TELE-
PHONE MERGER
Interstate Company in Strong Cor
pOration and secures VaIuabIe
Connections.

SPOKANE. Wash. June 16.---At
meeting OF the stockholders OF the
Interstate Telephone company. Ltd,
of Spokane. and the directors Of the
Interstate Consolidated Telephone
company. held in the ofices Of the
former in the Empire State building
last night, all property and rights OF
the local company, valued at almost
100000, passed into the control
OF the Interstate Consolidated .Tele-
phone company, thereby completing
the extensive chain OF Independent
telephone companies between east
ern Montana and the Pacific coast.
The consolidation gives the inter-
state Consolidated. the holding COM
pany for a number of Independent
lines, property and investments val
ued at more than $2,000.O0O.
Thaddeus 9. Lame at Head.
Thaddeus 8. Lane OF Butte. presis
dent of the Interstate Consolidated
company, has beefi in Spokane for
several days making arrangements
for the deal, the preliminary step of
which was taken few weeks ago,
when traffic agreement was made
between the Home Telephone COM
pany and the Interstate Telephone
company, both of Spokane Mr.. Lane
left Spokane last night for the east.
With the completion OF the consoli-
dation last night the following mem
bers of the board of directors of
the Interstate Consolidated company
were elected to the directorate of
the Interstate Telephone company:
T. s. Lane, Patrick Wall OF Butte; A.
B. Cook of Helena and John F. Da-I
vies of Butte. The following, all Of
whom were originally directors of
the Interstate company, were reflect
ed to the board: M. A. Phelps, j.
W. Fisher and T. L. Greenough.
The Interstate Telephone company
now becomes branch corporation of
the Interstate Consolidated company
in relative position with the Home
Telephone company OF Spokane,
headed by Mr.. Lane. All development
work of the Interstate company will
be directed through the holding cor
poration. The telephone exchange
now on South Post street will be
changed at once to the Offices of the
Home Telephone company on South
Howard street and the present tele-
phone instruments in use in Spokane
will be changed to the automatic
phones. the same as are used by the
Home Telephone company.
Stock Is Exchanged.
The consolidation was effected
through an exchange OF stock. The
Ulcers of the Interstate Telephone
ompany, after the election last night
re; Thaddeus S. Lane, president; M.
Phelps, vice president; Adolph
alland, treasurer, and John F. Da-
les, secretary.
The Interstate Consolidated Tele-
hone company now is the holding
ompany for the following independ-
at lines, the principal Independent
Plantations in the northwest: The
ONE Telephone company of Spo-
ane' the Interstate Telephone COM
my OF Spokane, the Montana indie
endent, the Idaho Independent, the
elena Automatic, the Great Falls
ntomatic, the Bitter Root Auto
attic, the State Telephone and Tele-
aph company of Montana, and the
pntana Cooperative Telephone COM
ny as well as a number of smaller
mpanies.
development Work Rushed.
The Home Telephone company.
men will operate jointly with the
tefstate company, is rushing the
Ork on laying the cables and in
alling the automatic phones. The
tomato phones to replace the old |
struments of the Interstate com !
my were shipped from Chicago yes
roay and will be in Spokane within
week.
me Interstate Consolidated Tele-
one company now has completed
injections as far east as Billings,
lar north as Great Falls, and as
south as Salt Lake, with con-
uction work going rapidly forward.
le stretch Of lbs miles between
alian. Idaho, and Missoula will be
mpleted this year.