davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
TRADE OUTLOOK BRIGHTENs.
"Bradstreet's" and "Duu's" Report
Optimism SPREADING.

The trade reviews OF the week report a
moderate Improvement in almost all lines
throughout the United States, with opti-
nism spreading. The crop situation Is
excellent, they say, and clearance sales
and hot weather have helped the retailers
The Industrial situation is better, although
outputs are still restricted.
Duns says: actual progress in busi-
ness Is still slow. yet with the trend In
the right direction optimism Is becoming
more pronounced. The improvement in
sentiment Is primarily due to the prospec'
Of another year Of bountiful harvests, and
the growth OF confidence Is especially
manifest In the great agricultural sections
OF the country. Each week brings an In
creased volume of new orders 10 the mills
and furnaces and more business could be
contaminated were producers inclined 20
accept contracts for forward delivery az
present prices. Advances. however. are
being asked and this tends TO check the
revival OF activity. There has been an
unusual influx OF buyers in the dry goods
markets, due to the Claim sale and the
openings OF many spring lines. AS a
whole values remain steady. with an up
ward trend in some directions. but opera
tons are still conservative"
Brddstrect's SAYS. There IL evidence
that optimistic sentiment as 10 the future
trade and industry Is more widespread
than at any previous time this year, and
proof that the Improvement Is not entirely
a matter OF sentiment Ia had in the re-
ports OF a record movement Of winter
wheat to marke, despite some holding by
farmers not satisfied with prices In a
large volume Of sales and higher prices
for raw wool and In good reports from
the automobile trade. The Industrial sit
uation has benefited by the return 10 work
OF coal miners in West Virginia and Ohio
the settlement OF large electrical works
strike and the assumptions or going or
full time Of many car shops"
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
GLOVER LEAF MAY DEFAULT.
Director Says Railroad Won't Pay
August Interest on Bonds.

The Toledo. St. Louis and Western
Railroad. the Glover Leaf" will default
the August I interest Of its l.b27. 900
Series A and Series r collateral trust
bonds. according TO statements made yes
ter,iay by director of the company.
These bonds were issued in payment OF
Chicago and Alton common and preferred
stocks
Owing 10 negotiations which are now
being conducted with the hondholders and
the fact that the company has ninety
days under the indenture IN which to
make the payment IL is not believed that
there will be a receivership for the prop
erty. Both issues OF bonds pay per
cent, and to pay the interest for the en-
tire year 81 would cost the Glover Leaf
approximately S4s1.0O0
The Toledo. ST Louis and Westerns
interest in Chicago and Alton was ac-
quired in August. 1907. by Edwin Hawley.
who had purchased IL several years pre-
viously from r. II. Hartman and his
associates. Mr. Hawley had sold the
stock to the Chicago. Pacific and Rock
Island. the controlling interests in that
system being confident that IL would be
a money maker. After holding II several
years, however the Rock Island sold Il
back to Mr. Hawley. The amount of
Alton stock involved in the transaction
was s6.4SO.OOO preferred and Slf420,ooO
common. 1t was against this stock that
the two series Of collateral trust bonds
we're issued The separate outstanding
amounts Of the two issues Is S6.4SO. coo
Series and s5,O47,Oo0 Series Il. The
Rock Island still owns the entire issue
of Series u and s400. 900 of Series \.
For some time the Toledo, St Louis and
Western has been considering Kidding
itself of its investment in Chicago and
Alton stock. as that security is not a
source OF revenue 10 the former road.
which stlll has TO pay the interest on the
bonds issued against the stock. The
earnings Of the Glover Leaf Itself have
| been adversely affected OF late hy crop
conditions and the tieup In the coal in
dustry in that section Of the country.
Although the control Of the Chicago
| and Alton IL held in the name of the
| Glover Lear II is really dominated by
the Union Pacific, which because Of its
| large holding OF stock aided the ''Clover
| Lear several years ago 20 make up a
deficit IN fixed charges. Should the To-
ledo, St Louis and Westerns holdings
| of Chicago and Alton stock he offered for
sale IL is generally believed that the
Union Pacific would be a bidder for the
stock.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
CENTRAL REPLIES IN
ANTI-MERGER SUIT
Consolidation With the Harlem
Road Desirable, the An
swer Sets Forth.
MILLIONS ALREADY SPENT
Request Is Made to Strike Out
Accusations Against the
Vanderbilts.

III answer 10 the stockholders suit de-
signed to prevent the merger OF the New
York Central and Hudson River Rail-
road and the New York and Harlem
Railroad companies, the former road In
an affidavit filed IN the United States
District Court yesterday says that while
II has taken no further" steps TO bring
about the consolidation OF the roads It
does not deny that such a merger is con-
tempiated, or that the company rs ia
vorably disposed toward such CONSOLE
dalton"
The suit was brought last May by
minority stockholders Of the Harlem road
who contended that the object of the
merger was to invalidate the terms OF
the lease by which the New York Central
acquired the franchises ard property OF
the Harlem road under which lease the
Harlem stockholders are getting net
income OF 10 per cent a year on their
stock. The merger they hay. would
mean the exchange of this desirable stock
for stock IN company which could not
guarantee a certain return.
The Centrars answer, which was fled
by Alexander &. Lyman AZ attorney saws
that the company has spent millions In
Improving the Harlem ROAD ana tnAt IL
will he required To expend equally large
amounts on its own road in the future.
In view OF these facts the answer sgg.
gests that II would be the part OF wisdom
and economy 20 consolidate the roads.
In addition TO the two railroads the
def. ndants named in the suit were WILL
lam X Vanderbilt Frederick w. Wander
bilt Chauncey NJ Depew, William Rocke-
Teller, James Stillman. George r. Baker
William X Vanderbilt, Jr., and William
Newman These constitute a majority OF
the board OF directors m both roads
They are charged by the plaintiffs with
using unethical means TO acquire control
OF two-thlrds OF the Harlem stock In
order TO get the consent OF the Inter
state Commerce Commission TO the mer'
ger The answer refers to this part OF
The complaint as false and asks that il
b. stricken out.
The plaintiffs say that the Central no"
owns l24,657 shares OF Harlem and. wha'
with the cooperation OF other stock
holders who md II TO their interests tc
fan in line with the majority II now IN a
position to force the consolidation. II
| answer 10 this the Central says that the
stockholders OF the Harlem company
never forfeited the right. nor that OF thei'
successors. TO vote for the consolidation
| OF their road with any other road
| Their. fore the answer holds. the minority
stockholders cannot legally balk such q
proposition, -,
Tho Central says that It's bonded deb
| ia s3OlIO240i and no more.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
HELD RESPONSIBLE FOR NOTES.
q. II. Howell Must Pay s2,22o.a35
After Failure, Court Decides.

George ~ Howell, vice-presidcnt Of
the McCrum- Howen Company. which
failed in 1912. was held liable ior S2.229.-
935 worth OF notes which he indorsed
for his firm. In a decision Yesterday rs
the United States Circuit Court of APP
peaS
After the failure Of tho company. which
manufactured radiators and boilers, some
Of the holders Of the notes indo~sed hy
Howell fled a petition to hold him re-
sponsible In the meantime the creditors
" the Arm devised reorganization plaf-
which was indorsed ny the United State
Circuit Court ~ Pennsylvania. Under
this plan Howell was relieved % ;hs
responsibility for the notes and the Com
necticut court which cons derei the pc
'uon IN bankruptcy. discharged him on
The strength Of the Endorsement of the
plan
The United States Circuit Cou~, Of Ap-
7eals holds that the creditors could not
relieve Howell Of responsibility.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

The Pacific Coast Company his week
reduced the quarterly dividends on It's
common and second preferred stocks from
III 20 per cent. The Management hopes
that things viii improve with good crops.
the opening OF the Panama Canal and the
coming exposition al san Francisco. II
is said. however that matter Of even
greater importance which may affect the
future OF the property Is the probability Of
an important Pacific coast group acqur-
ing large interest N the company
Negotiations, II Is learned, have been
going on for some time past toward a
sale OF a big block OF the company's
securities TO this new interest The price
that has been settled upon Is considerably
higher than that now quoted for the
stocks on the exchange. The only point
ina, remains unsettled q the position TO
he assumed in the control Of affairs by
the people negotiating to acquire the
interest
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
OKLAHOMA CENTRAL RAILWAY CO


To the Holders OF CArtiheates ~ Depont
OF Columbia Trust Company ,now Columbia
Knickerhocker Trust Company representing
the above described Bonds
Notice Is hereby given that holders ~ the
senting more than one hair Of the Bonds de
posted under the Protective Agreement OF
MAY -, 1905, have med assents to the Plan
and Agreement Of Reorganization adopted
By the undersigned Committee under date
Of May =. 1874 said Plan and Agreement
Of Reorganization has therefore been de-
clared BY the undersigned to he operative
and In full force and effect
Tine Depositary Is authorized to receive
the first instalment due under said Plan and
Agreement OF Reorganization on or before
July 20. 1914. and the fina. payment under
said Plan and Agreement Of Reorganization
On or before July rs. I9l4. No payments
will he received by SAID Depository after
said dates
FREDERICK J, LISMAN. Chairman,
WILLARD '. KING,
CHAUNCEN ID. PARKER,
FRANCIS Y. QUINN.
CHARLES MacNEtGH,
Committee acting under Bond holders
Agreement of May 30, 1908. and under
REORGANIZATION Agreement of May 6,
1914.
NM, O. EplNBURG, Secretary,
80 Broad Street. New York Cit,
COLUMBIA KNlCKERBOCKER TRUST
COMPANY. Depositary.
so Broadway, New York city.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
THE BOSTON MARKET.

BosroS, July l7.--Trading was dun with
steady tone In railroads Nor
wich and Worcester preferred sold At
40. IN 3 points from prev Gus
sale made ten days ago. Boston
Elevated weakened IL 20 99A4 and New
Haven advanced IL 70 So. Boston and
Maine on light transactions gained L.
Among the coppers CRANKY strengthened
II. to 79l, Calumet and Arizona ad-
,.ancad a point Butte and superior and
Greene cananea advanced fractionally. In
tho Industrial list American Piano pre-
,erred sold at S.. up 81. from previous
sale United Fruit advanced y and
United shoe lost -, The summary:
N,,N-,N., SrorEC
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
DISSOLUTION NOTICES.

NOTICE Is hereby given that by Judgment
Of ,he supreme Court Of this St.,s. rem
dered on the 2sth day Of April 1914, and
York County on the 2sth day ot April. 1914.
the Manhattan Mutua! Realty Company was
dissolved. IS corporate existence annulle1
and Morgan J, RrIen, Jr OF . Rector
street, New York. Cily, appointed receiver
NJ It's properly. and said COMPANY. It's ON GERS
and agents were by said Judgment forever
restrained from exercising its corporate
rights. privileges or franchises.
Dated July lst, 1914
MITCHELL MAY
SecretNy % StAiA
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
THE CHICAGO MARKET.

CHICAGO. July 1.-THE trading was
more active on the exchange here to-day
but price changes were unimrortant A
fair demand for Edison was in evidence
II closed firm at 1876. Chicago Railways
series were shade easier on odd l''
liquidation by small holders VINO were as
Amounted that no action has so far been
taken on the dividend At the close Fish
preferred sold of on small TRANSACTIONS
Bonds duh The summary;
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
BUSINESS TROUBLES.

ppADs-prr-.s r.ror.. "a, s,.t-... Ga
- j., ~ r,1i.c5 Sc. d,,-trr g.
week srair.t AZ fo- ,he p-eyious veSk
sna ~ -ss. -ss shI 70 for ,ne corr.
sP''ttnt Nt'Hs pi 47.s I" ltiV. ~"
,,,i,o J ~ ~, >Erss.Sna. ~
80 49, 30 HC%,,,.naHs'eerin,
stninH ~ 20. ne preeeains week.
ABOUT y per ''n'. or tns 'oiA! hummer
- concern failing fat capita Of 900
or less Emo = per cent. had from $1,000
OBSERVATION-DISCLOSURES COMPANY. man
F"-'' second street. petition IN bank
raniey 10y er'Aliors "ts ALLEGED ma
"'.'P "ls ann, IN WIRING 'h-
."'i'F 70 pay - 9-n'@ ana ni,3ngn.-s
- D." adiudEof bankrupt. Liap.l'i's
s'll 70 ne f".."Vn s'',s 'o.'9' Ire
'5ap'.f va r..rl,,1 80, ~ zone "'
E->1 ,,Nrr' ,rrr.1f>N. ',gI.,,r,,
r.,,.to, y, h.,L-,,,,..,.' "a. 80 a. .II -
y, .l -. 'n "HlH' ne .',n n.'' NV
TX pIs.''sH a. ne L.n' SLH-ia'tlrins
'IhPAnN. manure, ,ur'rS or N1l 'g'. q
hHt.i. -. '''', ~
urt 4,,,,t,,.4 ~, - y,, , IS
$50 ,'!oo r. "s1...,,s., tru"k ,r..,'1i
,..C ~ e.. "t VT" ~ 81 IN
tItHfsgItIi>> !. ''srur.,>,-, ....
II, l,, ~ = ~ T.. ~ GN p'uI3n IN
.F'' u--' "l ',l4''i@
$500, rn"nN hnshhs- ana motifs
n.r sGb.ch ho Oman snf, n' r o1 Hnsn
~ Wes' T%eniy-nlnih s'ree'. y Is a.
l"Eed mat they are inso!y'n' and made
pret--' MAJ payments = $4,000
FRANK W. ALLEN % White Plains Med
petition In bankruptcy, liabilities. $500.
- assets lie was member 81 t. Nelson
contracting Company.
MAG - Lesser "oNf"0rEe- - co.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

II was learned yesterday that the bond
holders of the Chile Copper Company had
been allowed 10 subscribe 20 80 1000 900 Of
100000 per cent. convertible bonds
offered by the company. The remainder
of the issue is to bo offered la,er a a
Ngure to he determined By the directors Of
the company,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

DAILY TREASURY STATEMENT

WASHINGTON. July n The statement Of
the receipts and pay warrants OF the Treasury
shows
Yesterday This month Fiscal wear
Rsceinta ...... s. O4S. .i6 So 81. $50 Sc AZ 6+
Paw warrants 6.egS4Sa 10 go eSs 10 go. 63S
Defcit....... s.. 243, 96s 's6,4l9O4s 81 4l2 oie
Surplus
The receipts from customs yesterday were
sss5. l07 from internal revenue ordinary 81.
Ooa SIS: corporation tax So $50. and msceane
ous Sill so National bank notes received for
redemption. 5: 40 h3l
The cash statement NJ the United States
Treasurer for July 10 shows:
EENERAI. Find
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

spot cotton AZ New York was unchanged
q Is 20. Southern spot markets were un-
0ahged Nth New Orleans 10 5-ls. Gal
"ron 49,, Savannah 1874. Houston
20 s'Io, Augusta a. and Memphis l3S,.
me New orleans market was steady.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
New york-okiahoma oil Dividend

The New Nork-oklahoma on Company
has declared an initial monthly dividend
OF per cent on the preferred stock, pay
able August 10 TO stockholders OF record
July so.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
DIVIDENDS AND INTEREST.
,u,LG,M,rEp COPPER COMPANY

Z: hroaiWsy, NeW nork July "a, LIS
- he Amalgamated Copper Company, a
dividend Of one and one half per cent
,li7oc1 was declared, PAYABLE August 3lst
~ the company as OF - o'clock noon July
.5th, 1915 A. II MELIN, Secretary.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

To the Holders Of the First and Re-
funding Mortgage Four Per Cent.
Fifty-Year Gold Bonds Of GIN.
CINNATI, INDIANAPOLIS &
WESTERN RAILWAY COM
PANY, and OF the First Mort
gage Five Per Cent. Gold Bonds oil
The INDIANA, DECATUR &
WESTERN RAILWAY COM
pANY:
Default having been made in the payment
~ the !aterest due july !, 1914 on ea'h
- the sor.es OF bonds above named. the
urdrrslgued. At the request Of holders or a
,,rea amount Of both series OF said bonds.
have agreed - act as n Committee for the
nrotcc,ion % the interests ~ all said bond
holders who shall 10, ONE parties 10 an
agreement now IN process 81 preparation.
Holders Of said bonds are requested 20
DEPOSIT tho same With he EQUITABLE
TPrsT COMPANY OF NEW YORK at It's
once No 81 Wal street, New York CITY
m. Depository 90 Re named in said agree
meut A. bonds 50 deposited must be IN
negotiable form ana must boar tn" coupon
maturing July !. 1914 and all subsequent
coupons certificates Of Deposit Will be
issued for the bonds deposited
In the judgment ~ the Committee the
Interests Of the said hondholders demand
Immediate concerted action FOR their protec'
ton. and I, therefore requests that sad
bonds ne deposited Immediately.
copies OF the Deposit Agreement may he
obtained ,as soon as the same IL completed
| from the Depository or the Secretary Of the
Committee.
WI. 4. READ, Chairman;
,. AUGUSTUS BARNARD,
HENRY Y. COOPER,
FREDERICK n. ECKER,
GEORGE II. JOHNSON,
H. =. WHITCOMB,
ALBERT ~ WIOGIS.
l.. EDMUND ZACHER,
Committee.
SEW YORK. July :, 1914
! =. + MOVIE Secretary
IS Nassau street
New York CitN.
| CApWALADER. WlCKERsHAM TAFT,
counsel
/ EQUITABLE TRUST COMPANY OF NEW
YORK, Depository,
~ Wall street New York City.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

me Liverpool market vas steady. There
pas fu'' business IN spot cotton. with
,oo..ns points lower a. 735d. Sales
',Vo bales Receipts. none.
IF1reg q. =
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18
PACIFIC TERMINAL COM.
pANN or OREGON. ,
In accordance with the provisions Of the Deed
OF Trust OF the Northern Pacific Terminal Com
psny Of oregon. the following bonds ha been

and Will be redeemed by The Farmers Loan and
Trust Company, Trustee. At rs once, l6-22 WILL
lam Street, New York City al 10 and accrued
date interest Will cease on the above bonds
THE PARME RS LOAN ANTITRUST COMPANY.
Trustee,
BY EDWIN s MiRsTON President,
New York. July 10. 1914.
ANY ownership certificates which may he
niece ssary under the Income Tax Urea Sirv Regu-
latons should accompany current coupons
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

80. a. NJ bids ~ Liverpool were: July.
80 October. l2l3 December 12.29
January ~ % The market there is due
eopen today points up.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

EFWNTh J. FII'UN,| JUIre WanI ms DIS
missed tho petition IN bankruptcy filed or
April hy George Room. cafe and res
taurHu'. - tohu street who has made
settlement tn full with his creditors. Liza
hi-ltLes Ner. il-sA.. $1,000 49,.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-18

ISIS FTNI-W FENEN INT'OTTTNIi % >
dealers On hafr a. Ens' seventeen n
street, schedules show liabilities of SIG
o35 and assets NJ IS fs9
The Calumet news., 1914-10-01
NOT WAR, BUT A HOLOCAUST
SAYS ARMY CHAPLAIN HOME
FROM BRITISH FIRING Line

Zeppelin fleet is intact. On the march
on Paris which ended az the Marine
The Germans were absolutely able az
an times 20 keep track of our posi-
tons through their airmeu. Whom one
was killed there was always another
go take his place nut they lost many
~ their aeroplaues and are having
trouble constructing new ones.
Without doubt the aeroplane Is the
The Calumet news., 1914-10-01
NORTH BUTTE.

North Butte directors will take no
formal action in passing the quarter
ly dividend usually paid in october.
They will simply neglect 10 authorize
the disbursement. The usual quarterly
statement Will be issued about oct
Goth. \. Minnear & Co,
The Calumet news., 1914-10-01
STOCKS

j. A. Minnear & CO. furnish ths fol-
lowing quotations:
Tonopah Stocks.
The Calumet news., 1914-10-01
CLASSIFIED ADS
WANTED.
FOR SALE.
FOR RENT.

FOR RENT-6-ruom house on Port
land street. Apply Geo Jacka. -
The Washington herald., 1914-02-04
ADDRESS DELIVERED
BY HEAD OF G. A. R.
Washington Gardner Attends the An
nual Eneampment of Depart
ment of Potomac.

At the annual encampment OF the De-
partment of the Potomac Grand Army of
the Republic. held last night. officers for
the year were nominated as follows: De-
partment commander, J. X. Gleeson,
Post, No. s; senior vice department COM
mander. l. II. Patterson. Post No. s:
Junior vice department commander, Haz-
zard Wheeler, Post No. 3: medical direc-
tor. DR.. Thomas Calver. Post No. Z:
department chaplain. DR.. N. H. Holmes,
post No. s: council of administration. II.
II. Brewer, Post No. 1: Charles NJ. Rob-
inson. Post No. 6; Charles w. Hale, Post
No. .; II. II. Munyea, Post No. 10. and
Lawrence Wilson, Post No. 20.
Washington Gardner, commander-in-
chief of the Grand Army of the Republic,
was present and spoke. Commander
Gardner formerly was q member of Con-
gress from Michigan. Adtutant General
James announced that the next national
encampment OF the Grand Army would
be held in Detroit. Mich, the first week
In September. At the next meeting Of
the Department of the Potomac delegates
to the national encampment will be
named. Officers nominated last night will
be installed next Friday night Com
mander Gardner was presented a bunch
OF American Beauty roses by a commit
tee of courtesy from the Woman's Re-
lief Corps.
This committee was composed of Mrs.
Eleanor c. Scott, Mrs. Ella l.. WASH
burn, Miss Genevieve NJ. Spencer, Mrs
Olive c. johnson. and Misses Harbinson.
Mrs. Scott made the presentation speech.
The annual banquet of the Department
of Potomac will be held tomorrow night
at Rauscher's. at which Commander
Gardner will be the guest Of honor.
The Washington herald., 1914-02-04
Bills COVER PLANS
] FOR CITY BET7ERMENT
Four Measures for Improvement Of
District Sent to District Com
mittee Chairman.
WERE INCLUDED IN ESTIMATES

A large part of the city betterment
plan mapped out by the District Com
missioners in their estimates last De-
cember is included In a set of model
bills transmitted to the chairman Of
the House District COMMITTEE yester-
day. The bills. four in number. pro-
vide:
For the construction of q municipal
waste disposal plant, at a cost not TO
exceed 311o.o0e.
For the construction and operation
Of municipal asphalt plant, at . cost
not to exceed $4,000.
For the acquisition of the Patterson
tract for park purposes.
For the construction of an aque-
duct over the tracks of the Baltimore
and Ohio Railroad at Benning.
All Of these projects were included
in the annual estimates and the de-
tails published at that time. They
were omitted from the District appro-
priation bill by the House. along with
q number of other city-betterment
propositions advanced by the Commits
sioners. 1t 10 understood that the SEN
ate subcommittee on District appro-
priations viii include some of the
Commissioners projects in the draft Of
the annual budget. and the SUPPOSE
The Washington herald., 1914-02-04
PHONE COMPANY WANTS
NEW CONTRACTS SIGNED
Just Realizes They Are Giving 200
Firms Unlimited Service Under .
Old Forms.

Just awaking to the fact that they
are giving unlimited service to about soe
business firms under old contracts, the
Washington office Of the Chesapeake and
Potomac Telephone Company is making
an attempt to have subscribers sign new
contracts providing measured service.
Some of the contracts date as far back
as 1884, when the company was in its in
fancy.
The rates charged for this form of
service vary and are claimed by the
Public Utilities Commission to be in vio-
lation of laws against discrimination, and
not included in the schedule submitted by
the telephone. company to the commits
sion. The penalty attached Is mot less
than 800 nor more than s1.eoo for each
offense."
Several business men when asked yes
terday as to their attitude said they had
signed the old contracts I'm good faith
and they saw no reason why they should
be deprived of their rights under II now.
They said that the telephone company is
Hrging them to cancel the contracts and
make new ones. This, they said, would
more than double the cost OF the service
to them. as under the present rate they
pay in some cases $40 a year.
What action they contemplate is I'M
known, but il is thought an effort to
resist the request of the telephone COM
pany will be made. Legal advice Is being
sought by at least one Of the firms.