The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1911-11-03
Mony Capitalists Here
For National Meeting
Aoczi stoS- nsisep 20 Ta.e %
Proeos,isr for Sale 81 National
Propertlea
REPRESENTATIVES, OF sVsoL
CATE ARRIVE T-is MORNING
see,os q, o'sioe. Of N.,.sn.l Tele
phone Company Nay Result N
Fire~ersa

Fire~ersa
Fireworks may come With the call
4nz to order % the STOCK hold@r- OF
The National TeiePhons COMPANY.
aO are % meet a. O'Clock This
Afternoon az The board % trade rooms
Tor The purpose Of taxing tp the
PROPAGATION % an ENGLISH syndicate
l 90 purchase the local and other prop
. critics o. the company. a. a nucleus
sbou' which % build q second teis
/ phone trust iu the United states
! he proposition o. the syndicate 70
. purchase the properties has been
made iu number OF different forms
duribE The past f-s months 20 the
receivers 90 the local prois rtv. ~
| g. Handlan and James ~ lug az Well
a. % The directors and prominent
sfockAoiders ia enc company
Negotiations finally Progressed 10
he point hat about tNa weeks teu
John " Garland. a Pittsburgh
3 BANKER nho has been LARGELY CON
cerned ga the Dealings 81 tn. Ma.
/ iiouai company during the past two
years went % New NorA where -hs
I proposition ~ reduced 10 concrete
terms for presentation 20 the -facA.
holders OF ne COMPANY at The meer.
INK This afternoon The proposed
terms ~ sale have been made. knoNn
TO The stocs holders b. letters sent
out about a week ago. which also coz.
'ain-d -he call for to-dat.s incotiu-
Roughly. the oner off the studicu..
DO IL stated. ls to take over tne stocks
and bonds 90 the National and allied
companies on the basis oI their earn
ing capacity \ cash payment of iu
cents on he ,rbl.ar is proposed tho
remaining 90 cents to b. covered by
-econd mortgage bonds 70 De issued.
bearing i've per cent annually The
total price for the local property az
this rate will b, N fhe uelghborhood
% fs0ou.u0o
To Issue Bonds
Supplementary 10 a.. specific OF
: Ter made to purchase The local com
panys property and others which 1t
controls. 90 has been mad. known d..
the syndicate that ~ proposes to
Z issue FIRST and second mortgage
bonds 10 tho amount OF Sss.oDD.rjD.
+ hitsrn million OF which are t0 bee pre-
, ferred stock But ST. uuo 600 worth
az The second morigag, bonds Vill Dee
+ Issued az tn present time. 10 b.iue
l-,,.. 20 rye ana
i'"'' '"' s''' OF
80 .''" VII 'AN' ''.'' 'i '''i i"N
~, """ '"'+' '"' lh''i 's'
"4S .s9"'n'
a'So ann ''''' =" "p'HiS INA,
W." '' SEA" ~ p,""
""'"'" many "'H''
, ~ n"o''' 'i'p'i,''S
." "Pi'".'''"" 90 me heii.
~ 81" VIM" is "h
y" 10 one "i 'ne c"h'i' 'oiS
10, 80, "' que "'y' p'op''''"9' D
I'M 81 "'Nlnt "t'e'ii, nv
+ -, 80. N,i'n l"' va
"a 90 use '''e S@'"' p'''s
49,, "'"' D.t-'l
- WI 'PPi''
- ~.
30 N's 81
Mn. . - -
M I+
,,t -. -, TO-. r. -.
,,,.r,,.,,,, mo- 49,. -,
s,r,.i.r No. OF"
e..-,..,.
S9'"O'ae's oppose sax
Ever sine" no" National Telephone
company. ihe continental Telephone
COMPANY dhd ih" National Telephone
COT P"ia'.oh nave been III .Nstthce
a. plh''l'a"F i"t same ooucWh htre
nave "''n very clearly uehhed Lac.
'oh- "ih"hs lh' -'o'Ah"id-r-' ana
many rioTny sessions nav" been eN-
, P'I'rh'ed. ne factions are again
/ C'dIiS ASSERTING 'heihS'i'et' ana
Nh'h " comes y" '"hlhk acuon on
'"' ProPo7i'"h 10 81 lh' proper il"-
/ " ''a',i u 'Np' C'eu. D. u hhd'r
.""l ''H.h OF 'l' '".."t
opi'..' '"' ""iI'
'3'''H i"'' i"."r
- '''
''''o'- '.' SIi"'''.' 'N.'.,'"lS, II i4
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~
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' soh' Iu
az, 'n '-' .''l'i