Jasper County Democrat, Volume 14, Number 78, Rensselaer, Jasper County, 10 January 1912 — HOME TELEPHONE CO. [ARTICLE]

HOME TELEPHONE CO.

Annual Meeting Will He Held Next Saturday Afternoon. The annual meeting of the Home Telephone Co. will be held in Rensselaer next Saturday. When this company was organized in 1 909, the rates' country patrons had been, advanced 50 per cent by* the old company and the same ratio o's advance was attempted’ to be put through in Rensselaer, hence the organization of this company. ’lmmediately after its organization, it will be remembered, the old rates were restored to country patrons and the efficiency of the service greatly improved. The refusal of the city council to grant a franchise on anything like reasonable terms has caused the new company to Jie quiescent since, ex-

cept to keep up its organization. The franchise of the old company expires in August of next eyar, and when the matter of a renewal of same comes up the new company will be in a position to again ask for a franchise in Rensselaer. In the meantime the organization of the company has savfed every country patron of the old company six dollars per year and has kept down further agitation of an increase in phone rates in the city, besides forcing a greatly improved service. ’ ‘

The actual expense of all this* good done has been less thaiF SIOO. SSO of which Was paid for a charter, and the assessment made uponj the stockholders has been but $2 on each share of stock of SSO. It has been worth many times what it has cost. If there are any of those who advanced $5 ealch at the time of organization to secure a charter,! who have not had $3 of this amount (refunded to them, they can get same by caling upon the secretary.' Also, any who subscribed for one or more shares of stock and have not paid jn_ their assessment of $2 per share and received their certificates, .are requested to pay same at once. The organization of this company has already accomplished much good and may do muck more good in the future, its officers have served unselfishly without one penny’s compensation, and their efforts to benefit the public should be fully appreciated.