Show STORY OF Of MERGER MERCER IN UJ UTAH AU fiELD New YorK YorI Action Believed Believe Result of Agitation L Long ng Contil Continued ue I I- HARVEY HARV Y BOND DEAL RECALLED LOCALLY Reports Were Often Denied That He Represented the Bell Company I Nn Nation wide that thal Y American Telegraph anti anil Telephone feb Tele phone company Ls Is a u corporation operating in violation o of the Sl SI Sher Sherman l t man luau antitrust law and of ot tha in hj interstate t commerce laws law c culminated h i this morning in ill the min filing of ot ota ofa a it petition u in Washington D. D Dc D.c. Ct by George Gcorge Lambert a N X Y justice of the tile peace asking king for fo forthe the dissolution of the tite company l auf Particular reference is made e in iu inthe the petition to th the Mountain in States Telephone an anti and Telegraph company the corporation w which I succeeded locally to the interests of oJ tl the e Rocky Mountain Bell Ben Telephone Tele- Tele phone company and the Independent dent lel Telephone phone COID company UY The report of the too f petition leat d nc c great Ireat surprise surprise in S Salt l- l ik Cit it ao and i with its ts telling i stories of tn J Jg g dj joint ownership o of of tb the t o tu iii J W revived re i ed H. H A. A Harvey of New ew York Vork came t to itt Salt Lake Lal-c Cit City in 1907 4 eastern interests which hall hail purebred crt the stocks and arni bonds of Independent dent T Telephone company owned by tile the Stromberg Stromberg-Carlson Manufacturing c company com coin m pany of No New York a i corporation which was extensively interested in iu telephone promotion and nd in iii the tho manu facture of instruments Mr r. r Hal e Harvey bought all bonds boulIs and amid n stock of the time local company which at the time was in a bad ad way war financially aud and in a s' s short abort time is said to have hn acquired control of r both stock and aud bonds The rho company at the time was bonded bondell for about The Time stock t ro mated iu in 1 shares It i is i isaid said ai that time the investment in amounted to between bet and For about two vo years ears Mr harvey p remained re reo main d In t the he city and in as association with Waldenmar Valdemar l managed th time the affairs affair of the company When h he left Mr fr Van Vall Cott succeeded ulc dei him in in the the- management Decide to Sell Early Eaily r in iu 1911 the tIme Independent company company com corn pany pans is said to have hac been considerably behind in the payment of the interest on its bonds as well as owing a R largo sum to local creditors The biggest bih pressure pressure for liquidation came caine from front the thc New ew York interests and finally the di directors directors di di- rectors of the company om pan decided to to se set sell I its franchises and equipment at af af- af auction to the highest bi bidder dor The auction sale of the local comPan corn com com company Pan pany lace on 00 Juno i 5 iOu 1011 1 and E. E r Vance Lane representing the Rocky Mountain Bell Deli Telephone corn com pany purchased Independent com pan party pany His competitive bl bidder er was a bi representative so oit it was said at t the tho o time of the time eastern astern bondholders lers At the t mo of toe the sale the American American Ameri Amen can Telephone and Telegraph company owned 76 per cent of the stock of ot the Rocky Mountain company compau and no now i is said aid to own about 71 per cent of the tho stock of the Mountain States Telephone Telephone Tele Tele- phone and Telegraph company compan which controls the telephone interests of ci eight bt states in the thc west S Some mc of Bell Interests Tho American mer Telephone 1 nd nil Telegraph Tele lcJ graph company was or organized as ns a l company and antI owns and controls controls con can troIs the majority of tim the Bell Interests The eight great subsidiary compa- compa miles are J listed sted 3 as follows 1 1 The he Pacific Telephone c and I lob d graph company on the time Pacific coast with ith a n c capital pital stock tock of and Continued on page 3 q STORY OF MERGER Continued from page 1 10 a bonded debt of and running run runS I nin ning into four states 2 Tho The Mountain States Telephone and Telegraph company being a reorganization reorganization n and amalgamation effected this his year of the Color Colorado do Telephone company compu the State Tri e and company uy and the tho Rocky Rock Mountain Bell Telephone company compan with a a a c c capital pital ital stock of an and 3 1 Tho The Cc Central tr l Union Telephone Ohio Obio Illinois and Indiana In Iu company in n diana t three e. e states 4 The Cumberland Telephone and nd Tel Telegraph comp company ny in the middle L southern ot states stales six stat states s. s 5 G The Southern Bell Ben Telephone Pond and Telegraph o r b company compan in the he eastern southern states seven seyen states s I 6 The Tho N New n. n York Telephone company corn com pany in New York state tate with A a t capi capi- com 1 al stock ck o of and a K b bonded debt of and operating tin throughout the whole of Now ew state The rho New York Yorke Telephone com corn nany also owns out of the capital stock of or the Bell lieu Telephone company of Pennsylvania which Ji h latter com company an operates operates' in iu the states of Pennsylvania ia New Jersey Mar land l District of Columbia Columbia Co Co- lumbia and a R por portion ion of Virginia and West Virginia thus covering seven stat states es ei 7 The Tho sew New En England T Telephone and Telegraph company compan in u the New NewE E England gl nd states five five- f states te t 8 fb The rho Western estern Telephone a and tl Telegraph Telegraph Tel Tel- e r c company in Minnesota I Wisconsin Wits Wis in and other states Bc seven u states I When Mr Van C Colt Cott tt was was was' asked for foran or an nit an outline of o the operation ration of l tho the company com corn pany in thi this city he said f I Ordinarily I I would have no no hesi hesi- tancy aucy in answering nn any question that you ou might ask but in face ace ol ot the fact that a suit has has been bc n br brought ht I 1 do not core care to make any sort of a statement xGo M M. Wells wn was one ono of at the tho directors of the Independent company compau and eaid tha ha Van an Cott company and said sald that Mr Van val Cott Gott Lion between the two companies Tas he was alleged l |