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So much so that when the government took over in 1868 the board of directors, apparently, ordered the destruction of all of its historic documents, records and files. The new Company adopted as its motto the curious Latin sentiment – which very loosely translates as "succeed or do not try".

Indeed it tried, tried hard for twenty years; it succeeded and was well rewarded for that success.


This created – the first joint-stock concern in the world intended to unite a country with a network of electric communications.The first Board of Directors of the Electric Telegraph Company comprised John Lewis Ricardo, the chairman, Samson Ricardo, brother and business partner of J L Ricardo, William Fothergill Cooke, George Parker Bidder and Richard Till.


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