The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-22
CALL MEETING TO
RAT|FY MERGER
Stockholders Of Rocky Noun
tain Bell to Assemble Here
August IL.
Continued from Page One.

this will be sold at less than par
value
In conjunction with the statement
of Mr., Field that the stock Of the new
company would pay dividend of {,
per cent per annum. it is TO be noted
that the Rocky Mountain Bell has paid
no dividend for the last five years.
Another Meeting Called,
A meeting of the stockholders Of the
Bell company, for the purpose OF con
sidering and ratifying or rejecting the
action Of stockholders taken Thursday
in conveying to the Mountain states
company the holdings of the Bell com
pany, has been officially called for Au-
gust IL at 10 clock a. m. in the of
street. At this meeting the question of
plans and means for the winding up
of all the business affairs Of the merged
Bell company will also be considered.
The action will in all probability be
entirely formal as there are no indl'
cations the merger as negotiated by
the directors will meet with any objec-
tion on the part of any stockholdcr,.
AS its first official action before be
ginning business In this state the
Mountain States company yesterday
acceptance of the provisions Of the
constitution and statutes of Utah and
paid into the office of the state treas
urer n fee of $l2,50S.
A. G. Mackenzie, formerly connected
with the publicity department Of the
Bell company in this city and more re.
Gently division commercial superinten'
dent with headquarters at Helena,
Mont, is named as local agent or at
| torney for the new company.
The object Of the company is TO eff,
| feet a union with and TO extend to and
connect with any telephone or tele
graph exchange and to maintain and
operate connections in any state OF the
union territory or colony of the United
| States and especially in the states OF
Utah, Wyoming and Montana and the
territories Of Arizona and New Mexico
| The company is capitalized for $50.
| 100000. divided into 500, 900 shares of
the par value of 500 each.
The directors of the concern follow
F. B. Field, f.. b. Field, Jr., Crawford
Hill, Edwin S. Kessler, Philip Hamin
l.. c. Phillips, Jr., and J. E. Mcdonald
attested to by +. B. Field, president
and J, R. Mcdonald secretary.
Seelye Takes Charge.
c. G.. Seelye, the new manager OF
| the Salt Lake division of the Mountain
States company. assumed his duties yes.
terdny and put in a busy day familiar
izing himself with the local situation
Mr.. Seelye, who comes here from Pueb.
To-, is veteran telephone man, having
spent more than quarter of a century
in the service. He said Yesterday:
81 am here to see that everybody
gets an absolutely square deal and am
| going to do the best | can. When
grow better acquainted with the de
| tails of my work / may be able to say
more. Just now permit me TO say that
I am profoundly impressed with the
| wonderful growth of your city dur
ing the last five years. 1t is perfectly
marvellous.
GLOW about the proposed increase
in rates for telephone service7' Mr.
| Seelye was asked,
"1t is quite probable that there vii
| be slight increase in rates within E
short time, AS the demand for tele
| phones increases the cost Of giving
| service increases out of proportion. Tho
| telephone business is the only one that
| I know of where this is true. For in
stance, the cost of giving service with
| 5000 telephones is so much and the
| cost of service with 10000 telephones
| is four times that amount This is
| due to the fact that each Of the new
| subscribers not only talks on the out
side, so to speak, but talks with each
| of the old subscribers The bigger
your telephone system grows the high
er must be the rate to pay expenses
Mr., Seelye's wife and son will ar
| rive from Colorado today and he viii
at once establish his permanent home
in this city.