The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1911-10-28
sale % National propsrtss Win es
coosummatsd " Court Fsvors
Postal Merger.
RULING ON REPORT
Favorable Order Win Mean Compile
ton % second Die Tslsphons
Trust In America.

Locked safely In the vault Of the
clerk OF the federal court for the
northern district Of West Virginia 10
. brief three-page report OF the 70.
ceivsrs OF the National corporation
outlining plan for a merger with the
Postal Telegraph company. 80 far "a
co-ancident use Of poles and wires IL
concerned. on which n ruling Of the
court 10 expected today and on which
depends very largely whether or not
. second telephone combination,
planned to fight the Bell. will be com.
pleted
The report was filed early in the
week. setting out that an arrangement,
has been entered into between the re.
ceivers and the Postal Telegraph com.
pany by which the National corpora
ton 10 to use the Postal wires TO con.
meet Pittsburg with Philadelphia. and
Through independent telephone com.
panies In that city with the most OF
the important points through the east.
Also connection with Chicago Is
provided and from this point many
) other cities will be reached. thus
throwing open to the National cor.
poation two very large territories
which heretofore it has been unable 10
reach.
This report the court Is expected Ia
approve today. and II IL does the value
OF the National Telephone corpora.
.tion win be increased by several mil
hons OF dollars, owing TO the greatly
extended service IL Is able TO surnish
It's subscribers In all parts OF the
country.
Sale Depends on RuIina.
In Friday mornings intelligencer
appeared an item concerning the
practical closing of deal with a syn
d'cate OF English capitalists 10. take
over the entire National properties
ana many other independent tele-
phone properties. forming a gigantic
combination to fight the Bell Tele-
phone company. In other words a
second telephone trust is 10 enter the
Held. nlling the Offices proposed for
the Continental Telephone company
launched some years ago BY John A.
Howard. OF this city. and since. for
all practical purposes. gone out of
existence.
The deal. however. as stated in the
1ntelligencer. has not been completed.
nor viii IL be until a meeting TO be
held In this city. probably the Fort
Henry club next Tuesday, when John
W. Garland. the Pittsburg capitalist.
and representatives of the English
capitalists will be present to meet
the receivers and other local men in
terested in the National corporation.
IL In his ruling, to-day. on the re-
port OF the merger with the Postal
company. Judge Dayton. OF the
federal court, approves the plan and
authorizes the receivers 20 enter into
the contract. ~ Is assured that the
deal will be speedily closed. II he re-
fuses his approval OF the plan and
denies the companies the right to
merge. then IL Is very probable that
the deal will fall through and the
TO fight the Bell dropped.
or the syndicate will pursue another
plan for the acquisition OF indepen-
dent properties. than by buying them
at one time through the purchase of
the National
Local stockholders OF the National
company. who have been apprised
Of the progress OF the negotiations OF
Hr. Garland with the syndicate. are
very reticint regarding the proposed
deal and the effect merger or
failure TO merge with the Postal will
have However. that a failure OF the
court to approve the merger will for
the time at least stop all negotiations
for the sale is stated on excellent
Rufhorfty