The original copy of this article comes from www.fultonhistory.com.
Amsterdam (New York), Evening Recorder And Daily Democrat, June 20, 1911, page 2:
AMSTERDAM IS ON THE LINE.
Albany. N. Y., June 20.--The New York Magnaphone and Music company was incorporated today with a capital of $1,000,000 to generate and distribute music electrically by means of telephone wires from New York to Buffalo, passing through Albany, Syracuse, Rochester and intermediate cities. The directors are George R. Webb, Charles A. Benton, Josiah L. Blackwell, Benjamin Natkins, Adelbert R. Whaley and Oliver W. Doty of New York and Henry W. Webb of Baltimore.