Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1919-02-05

which I had any knowledge, to b. 10, u
at Barton in the county of OrIa.s.l
| on the Goth day of December 1O10
G. At that meeting l placed h.
fore a large number of the above ~
scribed people the situation with -
lation to the Independent TeAenbor.
Exchange, and tried to enlist SON.
parties interested in an independen,
| telephone line to take some sctor
and at that time a committee was on
pointed to consider the situation apj
report at meeting to be held on tba
9th day of January, 1919.
h. On the 9th day of Januarv
1919, l was compelled to be at Nom
pelier, and the meeting was not hell
for the reason that the commits
who were to investigate the matte,
reported to me that they were unable
to find any personal funds to take
hold of the venture.
i. In the meanwhile 1had procured
ephone and Telegraph Company to
day of January, 1919.
j. On the 9Th day of January.
1919, one John Buckley, who is one
of the guarantors and parties inter,
ested in said decree, notified me that
he desired to purchase the lines and
run them as an independent line, and
I notified him that l should be glad
to turn the plant over to independen,
individuals, but / must have a guar
anty that 1 would be paid the $4,000
when approved by Your Honorable
Body and the Chancellor.
k. On January 10, 1919, after hav-
ing seen John Buckley and learning
from him that he was unable to OBJ
tain the guaranty at that time, | &C
copied the offer of the New England
Telephone and Telegraph Company
1 am fully satisfied that, although
the property of the Independent Tee-
phone Exchange has cost to date in
the vicinity of 100000, it is
not now worth any more than,
if as much as, $4,000, as it
is not paying concern, and although
it might be possible, if the lines ex-
tending too far back were cut off and
it was placed in a small compass 70
pay expenses, I am satisfied that IN
der no conditions would it pay any
fair interest rate on $4,000, leaving
alone the question of depreciation and
repayment of principal.
This sale has been reported to the
Court of Chancery for approval,
copy of which report is hereto attach
ed and made a part hereof.
Therefore, your petitioner respect-
fully requests Your Honorable Body
to take such action as may be proper
in the premises and confirm the sale
above described.
W. W. Reirden,
Solicitor for Receiver"
NOTICE IS HEREBY given that
the Public Service Commission will
hold a public hearing upon said petl-
ton at the office of W. W. Reirden, IN
the Village of Barton, in the Town Of
Barton and County of Orleans Oh
the 4th day of March, A. D. 1919, at
ten o'clock in the forenoon, and
1T is ORDERED that the petition
er shall cause this Order of Notice
to be published in the Barton Mon
tor, a newspaper published at BartOs
in the County of Orleans, for three
weeks successfully, the last publica-
ton thereof to be at least twelve ~
days before said 4th day of March
1919, and that the petitioner shall,
five days prior to said 4th day Of
March, 1919, file with the Public Ser
vice Commission copies of the news
paper in which this Order of Notice
shall have been published
Dated this goth day of January
1919.
Walter A. Dutton,
VIM. R. Warner,
Eli II. Porter,
Public Service Commission of Yer
mont
Office of Clerk.
Filed, January "a, 1919.
Attest, Neil D. ClawsOn,
Clerk.