[D0014AAV], Letter from Henry Reese Hoyt to Thomas Alva Edison, October 18th, 1900
https://edisondigital.rutgers.edu/document/D0014AAV
Transcription
Letterhead of Daly, Hoyt & [Hasen?], Counselors, at Law, [11?] William Street, New York Oct. 18th, 1900. Thomas A. Edison, Esq., Orange, N. J. Dear Sir: Your favor of the 15th inst. has been duly received and was considered at a meeting of the Board of Directors held yesterday. It is very hard for us to understand how Messrs. Miller and Chapman have arrived at such a low result. We think, it only right to tell you that the present shafts were sunk by Mr. Burn under the instructions which he understood came from you and that he says that Miller and Chapman are not availing themselves of this knowledge of the mesa. We have spent a great deal of money on the property already and we do not think we should spend any more, unnecessarily, and we feel that we must ask you to go out and see the property yourself, as we know that in no other way can a result be arrived at which will be satisfactory to us. From the reports which have been shown to us, we understand that you are satisfied with the working of the process, and now the only question is are we satisfied with the process and the property. All the reports which we have had show that the property is valuable. We have all seen the property and think that in view of the large interest which you have in it you should go out before we go to any further expense. Burns says that the location of the new shafts is outside of <O. M. _> <Ortiz Mine> [TAE Marginalia?] the area examined by him and outside of the area which we shall probably work. The property is so large that we fell sure that you will never understand it thoroughly until you have been there and examined it in person. We think you should go but as soon as you can get away. If you will tell us when you can go, some of us will arrange to go with you, and we hope that will be as soon after Election as possible. Yours very truly, Henry R. Hoyt