Medford (Oregon) Mail Tribune, September 29, 1913, page 1:
BAN PLACED ON PHONE NEWS SERVICE
SALEM, Ore., Sept. 29.--Corporation Commissioner Watson today refused the Oregon Telephone Herald company a permit to sell stock in this state on the grounds that the scheme of the company is visionary and unsafe for investors.
The purpose of the company is to furnish a telephonic news service during certain hours of the day and night into residences, offices, hotels, or any place where a patron desired an instrument installed.
The company is capitalized at $300,000 and $147,000 in stock has been issued for the patents. It is now operating in Portland.