[LB048224], Letter from American Graphophone Co to Thomas Alva Edison, March 12th, 1891

https://edisondigital.rutgers.edu/document/LB048224

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Title

[LB048224], Letter from American Graphophone Co to Thomas Alva Edison, March 12th, 1891

Date

1891-03-12

Type

Folder/Volume ID

LB048-F

Microfilm ID

142:79

Document ID

LB048224

Publisher

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

Transcription

American Graphophone Company,
Washington, D.C. March 12th, 1891.
Mr. Thomas A. Edison,
Orange, New Jersey.
Dear Sir:-
We are recently informed that you hold all or some of the stock of the Edison Phonograph Company (which was sold by you to Mr. Lippincott) as collateral security for a note of Mr. Lippincott’s for the sum of $65,000 or $68,000.
We seem it proper to remind you in this formal way of a fact already known to you, via; that we hold an agreement made by Mr. Lippincott, about the date of your agreement with him, to sell and transfer to us at any time within 5 years all of the rights acquired by him from you, the Edison Phonograph Co. and the Edison Speaking Phonograph Co.
Respectfully.
(Signed)
American Graphophone Co. per H.M.P
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