The Republican journal., 1921-02-24
Managers Report
FOR 1920.
To the Stockholders of the Lib
erty & Belfast Telephone &
Telegraph Company.
GREETINGS

GREETINGS
AS another year in the roll of life an
business has passed and the beginning Q
another year confronts US with it's sew
eral duties in our several avocations
life, it again becomes my duty to make
report of the business of the company, a
ma mayed by me; and assisted by the sey
eral officers and persons employed to dis
charge the duties incumbent upon US as
telephone company, serving as we d
nearly $50 families throug bout the sew
eral towns, and will submit to you in
simple way what has been done durin
1920.
We have made no effort to increase on
business by extension of lines, but t
further develop the lines as now existing
by adding new patrons who were not al
ready served; although steps were take
by parties in the town of Belmont to hay
an extension built to them, and on whicl
the Public Utilities Commission has is
sued an order to build, and which will b.
built in the early spring.
We have made no extensive repair
during 1920 for several reasons, an,
which reasons you will all appreciat,
when l have stated them to you. Tn,
reasons are as follows:
list. Owing to the high cost of ma
terial necessary to make repairs and
the high prices and scarcity of labor
to perform the same.
End. Considering the fact that
the price of telephone rental was the
same as when other things were nor
NAL and that our earnings were no
more, we could not go to any great
expense and break even, so consid-
cred the matter in this way; that if
we could keep the plant in tair work.
ing condition with moderate repairs.
during the period of high prices, we
could get by on our present rates, and
In the future, when prices of la
Dor and material were lower we could
make more extensive repairs, there
by leaving at this time a small gain
tor the year 1920, instead of deficit,
which would have occurred if all re-
pairs were made that were needed.
1t has become necessary that the office
force be increased to conform to the 54-
hr. law; as well as to add efficiency to
the service, and new equipment was
needed with which to do the work, and
consequently we now have three operat-
ors IN the office and new switchboard
10 De installed soon; which with the
other minor repairs to be made when the
board is installed, the office will be up to
date and one of the best small offices in
the State of Maine.
GENERALLY our plant is in fair working
condition, although some may have
some KICK coming as to the service they
are getting, but from observation, and
the reports of people who know as we'll
as from my own experience, | find we
are giving service to our patrons that is
not surpassed by other companies of our
own caliber, or even by the New Eng
land lei d lei. Co, itself; and we hold
the respect OF all the companies by so
doing.
There is an increasing amount of work
to do each year in all departments, which
is not realized by the stakeholder who
has no part in The running of the ex-
change. Each one who is an officer has
MS duties to perform; some more than
others, but they all have something,
from your President down to the local
trouble shooter who clears the troubles
III the outside wires; and it is necessary
IN the discharge of those duties that CO.
operation On the part OF every one be
rendered to all his or her co-workers,
that the business MAJ be promptly and
efficiently done, and | viii say for the
benefit of all who may hear, that the
service that is expected by every patron
cannot be wholly rendered by the operat-
or alone, or by the telephone company
alone; but each and every party who
asks Tor service to be given them must
necessarily CO operate with all concerned
therein, that they may receive the best
service possible.
There are duties resting on the man
ager that require thought, study and
careful consideration, especially in the
matter OF keeping the books now requir-
ed by law TO be kept by all class D COM
panies, and also in making the severa
reports to the different departments OF
the government now required to be made
and filed at such times as they may or.
der.
the following named departments, viz
Public Utilities Commission of this
State.
tai Stock Report.
AASCl Hal NcNcuuc Dcpdl lulcut, EA'
cess Profits Report.
Interstate Commerce Commission.
U. S. Census Bureau, Telephone De.
partment
and many minor reports are called fol
from time to time by the differen
branches of government.
And now at the close of the year 1920
believe that we must start the new yea
with new energy and work with the sam,
care, thought and efficiency to make tn
year 1921 banner year in all the depart
ments of the business, and may we OF
December 31st, 1921, find that we ar
standing both financially and PHYSICAL,
sound and well equipped to furnish per
feet service to all those who may requir
it of US.
Following is report of the financia
standing of the company December 31st
1920.
Plant and Equipment. %. $19,091 96
Material ano Supplies..... 1884 81
Accounts Receivable......... 1,7llS7
Oasn 5U9 OU
Other Assets....... ............ SITS 81
$22, 943 80
LIABILITIES