Show TELEPHONE ON E COMPANY DEAL DEALT T Corporation with Capital of Two Million Five Hundred undred Thousand Toledo March G GA A special dis dispatch dispatch dispatch patch to the Times from Crom Cleveland says Time The directors of or the United States Telephone company tonight closed a contract with representatives of tho the Independent Long Lons Distance Telephone Hud and Telegraph syndicate of or New York and SL Louis for operating in con connection connection with the United States Stales com coin companies companies panics lines Hues in Ohio Indiana Michi lichI Michigan gan san New York and Pennsylvania Penn janla The Time contract contemplates tho the organisation organIzation of oC a corporation with Ith a capital of or as a preliminary com corn company pany pan to La cooperate with the United States company com pan One Ono million of oC this amount is to be paid In within six alx months Time Tile for tor formation mation mallon of the now new no company com pan will mean an extension ext of the tIme Independent hInes linos |