Plano Daily Star-Courier from Plano, Texas • Page 7

Plano Star-Courier JULY 1, 1964 Kristie Ann Bullock of Richardson is spending the week Page 7 her grandmother, Mrs. Lucille Davis. Mr. and Mrs. James Cook Mr.

and Mrs. Bill Horton and of Lewisville were guests Sun- children, Jerry, Chuckie and day in the homes of Mr. and Sarah, of El Paso visited with Mrs. Clyde Cook and Mrs. Lu- parents, Mr.

and cilie Davis Mrs' Corner Horton for two weeks. General Telephone To Consummate Mergers Donald Power, chairman claiming that and chief executive officer of mergers into WATCH FOR THE OPENING SOON of the BRITE WAY CLEANERS LAUNDRY Central Shopping Center Plano Quality Cleaning Route Service Louis Stagnone owner Pizza Lovers NOW OPEN PIZZA INN TOTE OUT EAT IN Phone 995-6444 General Telephone Electronics Corporation in New York, has announced that attorneys for the company and the Department of Justice have agreed to permit General Telephone Electronics Corporation to consummate the mergers, as planned, of Western Utilities Corporation and its three affiliates into GT while at the same time per- tack by mitting the government to con- gotiated tinue with its suit. The agreement was submitted to Chief Judge Sylvester J. Ryan of the United States District Court for the southern district of New York who approved the agreement on June 22. Mr.

Power said that under the terms of the agreement the telephone utility assets of each of the three Western Utilities affiliates will be conveyed to three new wholly owned subsidiaries of GT which must operat as separate entities until final disposition of the Justice suit. are very gratified that it will now be possible to consummate these mergers on June 30, 1964 as originally Mr. Power said. E. H.

Danner, president of General Telephone Company of the Southwest has had no statement to make regarding how these developments will affect the merger of General proposed crease the total number of tele- violated phones served by the General anti trust laws, Mr, Power said. System to about 6,270,000 in 33 "It is difficult to understand how this attack can be made on a corporation which after the proposed mergers would operate in the United States less than one-twelfth the number of telephones operated by AT St particularly in view of the fact that the Bell System has been immunized from antitrust at- a consent decree ne- in 1956 with the Department of GT Chairman pointed out that full information concerning the proposed of Western Utilities and Its affiliates into GT was provided to the Department of Justice commencing in March, when directors of the various companies agreed in principle on the proposed mergers. He also emphasized that the appropriate Federal Government authorities had received full information of prior major acquisitions by the Company and had raised no questions concerning their legality. shareowners approved the proposed mergers at a special meeting in New York on June 15, and only three- tenths of one per cent of the shareowners voted against the proposals. Shareowners of Western Utilities and West Coast Telephone approved the proposed merger at special states and two foreign countries.

The Bell System operates more than 71,000,000 telephones and 98 per cent of the distance Mr. Power stated that four state regulatory commissions had already granted approvals required in connection with the mergers, and It was anticipated that approval would be received from the other state commissions since they have not indicated any opposition. "I am confident," be ed, a review of the faCti will show that the growth of the General System has been in the public interest and has provided a healthy spur to the communications industry. We believe that the action contemplated by the Government is wholly unfounded." Telephone of the Southwest meeting in San Francisco on with headquarters in San An gelo and Southwestern States, one of the Western Utilities affiliates with headquarters in Brownwood. In a statement released soon after he was notified that the Department of Justice had filed suit in Federal District Court June 12, and shareowners of California Water and 1 e- phone and Southwestern States Telephone approved the proposal in San Francisco on June 15.

Western Utilities operating affiliates serve about 635,000 telephones in portions of seven states, which would in- Mr. and Mrs. A. L. Fessler and son, Larry, spent the weekend visiting Mr.

Fessler's mother, Mrs. Alam Fessler, in Junction City, Kansas. They also visited with other members of the family in Salina, Kansas. I TNI CUB SCOUT RED TEAM are from lift to Top row, Coach Tommy Toylor, Trent Taylor, Jack Perkins, Ben Smith, Gary Faucett, Bill Trimble, David Vasquez. Scottie Smithson; middle, Cliften Dover, Kemper Smith, Bobby Overstreet, bat boy, Rocky Shields, Coaches Claudi Nelson and H.

Smith; bottom. Marlin Cole, Mark Morris, Bobby Herring, King Nelson, Keith Taylor, Nicky Taylor, Richard Godberry, and Tommy Dill. Mr. and Mrs. Ronald Welch of Denton visited wth Mrs.

parents, Mr. and Mrs. A. T. Cate, this weekend.

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