[D8048ZGC], Letter from Joshua Franklin Bailey to Thomas Alva Edison, October 1st, 1880

Item

Abstract

Arrived from London this am. Franco-Egyptian bank thinks pat owners should accept reduction in amout owed them under contract; May says Bank not getting adequate return. Repayment of 160,000fr; creditors may sell security with 8 days notice. Bank wants 1000 lines working before issuing shares. Harjes pressing for immy repayment of 100,000; telegraphed for you to cable your third immy. Cabled Puskas to get you to ask for delay paying Harjes. All difficulties arranged with city and Telephone Administration; laying lines rapidly. 1000 subscribers. No other concessions can be obtained; stock value will rise. No patents can be sold in London for other countries.

Date

1880-10-01

Decade

1880-1889

Type

Identifier

D8048ZGC

Folder Set

D8048

Title

[D8048ZGC], Letter from Joshua Franklin Bailey to Thomas Alva Edison, October 1st, 1880

Microfilm ID

56:263

Publisher

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