[LB039171], Letter from Edison Phonoplex System, Alfred Ord Tate to William S Logue, March 28th, 1890

https://edisondigital.rutgers.edu/document/LB039171

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Title

[LB039171], Letter from Edison Phonoplex System, Alfred Ord Tate to William S Logue, March 28th, 1890

Recipient

Date

1890-03-28

Type

Folder/Volume ID

LB039-F

Microfilm ID

140:884

Document ID

LB039171

Publisher

Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
 

Transcription

March 28th, 1890
W.S. Logue, Esq.,
Care of Postal Telegraph-Cable Company
Chicago, Illinois
Dear Sir:-
In reply to your letter of 28th instant, regarding stock in the Phonoplex, I beg to say that the Phonoplex is not run by a stock company. It is handled by Mr. Edison personally, and all his revenue is derived from royalties. This royalty is so small that it is not enough to be divided with anyone else.
There is, however, a margin on our cells in connection with discounts. We allow from 10 to 30 & 15% from our list prices. Perhaps you can work on this.
Yours very truly,
A.O. Tate
Electrician
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