Bell Telephone Company local phone companies. In 2005, AT&T would later be acquired by one of its former local phone companies SBC Communications which became the "New AT&T". In 1906 the citizens of the City of Brantford, Ontario, Canada and its surrounding area formed the Bell Memorial Association to commemorate the invention of the telephone by Alexander Graham Bell in July 1874 at his parent's home, Melville House, near Brantford. Walter Allward's design was the unanimous choice from among 10 submitted models, winning the competition. The memorial was planned to be completed by 191 but Allward did not finish it until five years
Bell Telephone Company enter into an agreement with Bell); and finally by Alexander Graham Bell. Hubbard later registered some of his shares with two other family members. An approximate 10% interest of the patent association was later assigned by its principals to Bell's technical assistant Thomas Watson, in lieu of salary and for his earlier financial support to Bell while they worked together creating their first functional telephones. The verbal patent association agreement was formalized in a memorandum of agreement on February 27, 1875. The patent association's assets became the foundational assets of the Bell Telephone Company. At the time of the organization