[D8049ZDE], Letter from Edward Hibberd Johnson to Thomas Alva Edison, April 5th, 1880

https://edisondigital.rutgers.edu/document/D8049ZDE

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Title

[D8049ZDE], Letter from Edward Hibberd Johnson to Thomas Alva Edison, April 5th, 1880

Editor's Notes

Since last letter, question over meaning of clause reserving 5% to co. Do you get priority on next 5% profit or divide with co? Clause giving you reversionary half interest was mistakenly left in new contract & applies to all England instead of London, as intended. This will oblige current stockholders to keep stock permanently, while those of Bell can do as they please. Will be hard to raise needed money unless you waive this right. Cable "mutual concession satisfactory" if you agree to waive this clause if, in return, Co adopts understanding of 5% clause favorable to you. Glad to hear from Batch ELight going well.

Date

1880-04-05

Decade

1880-1889

Type

Folder/Volume ID

D8049-F

Microfilm ID

56:579

Document ID

D8049ZDE

Publisher

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