Contractor's Warehouse

Description

Organization of Pineland Telephone Cooperative was accomplished September 8, 1951, by a group of interested people from Emanuel and Candler Counties at a meeting in Swainsboro. Officers and Directors were also elected at this time.After a number of meetings, the new Board of Directors approved purchase of the Midville, Adrian, Twin City, and Stillmore telephone exchanges and with the help of other interested people from these counties, memberships were obtained and equity certificates sold to begin operation of the cooperative.Application was made by the cooperative to Rural Electrification Administration (REA) for the first loan, $625,000. This money was to be used for purchase of the first four telephone exchanges and to begin construction of new facilities. Rural Electrification Administration approved the first loan in March of 1952, which was the fourth such loan approved in Georgia by REA and the first such loan approved for a telephone cooperative.

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