 On February 14, 1911 , describing "a telephone system... adapted for supplying innumerable subscribers... general news, musical compositions, and operas, sermons, correct or standard time and other happenings at stated intervals of day and night" was granted to Árpád Németh, and assigned to the company.Regionally-based Telephone Herald affiliates were authorized for the purpose of creating local "telephone newspaper" systems, with "the parent company to receive a royalty on every instrument installed".But ultimately the parent company and its affiliates proved financially unsuccessful, and the United States Telephone Herald Company began winding down operations.