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Res 2011-094
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Res 2011-094
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Last modified
4/28/2016 1:56:43 PM
Creation date
8/8/2011 4:45:46 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2011-94
Date
8/2/2011
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Century i nk- <br />1989 <br />Century paid $90 million in cash for the outstanding capital stock of Universal Telephone, Inc. <br />Clarke M. Williams, Jr., was named Chief Executive Officer of Century. <br />1983 <br />The Federal Communications Commission (FCC) authorized cellular mobile telephone service. Century <br />obtained FCC approval to operate cellular systems in three areas in Michigan. <br />Clarke M. Williams, Jr., was named President of Century. <br />1978 <br />Shares of Century common stock traded on the New York Stock Exchange for the first time October 24, <br />under the symbol CTL. <br />Century began to replace electromechanical switches with digital computer technology. <br />1972 <br />Century bought the La Crosse (Wisconsin) Telephone Corporation, making a name for itself overnight <br />within the industry. <br />1971 <br />The company was renamed Century Telephone Enterprises, Inc <br />1968 <br />The company was incorporated as Central Telephone and Electronics, with Clarke M. Williams as <br />President and Chairman of the Board. He had expanded the business into three states serving 10,000 <br />access lines. <br />1946 <br />Clarke McRae Williams married Mary Kathryn Lee on his return from service in World War ll. His parents <br />gave the company to the couple as a wedding gift. <br />1930 <br />William Clarke and Marie Williams purchased the Oak Ridge Telephone Company for $500 from F.E. <br />Hogan, Sr. There were 75 paid subscribers. The switchboard was relocated to the Williams' front parlor <br />so the family could man the board 24 -hours a day. The exception was between 10 a.m. and 3 p.m. <br />Sundays, when the office closed for church and dinner. Marie wrote out the bills by hand, and eight -year- <br />old son Clarke McRae Williams delivered them on his bicycle. <br />
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