[D8226A], Letter from Sherburne Blake Eaton to Thomas Alva Edison, May 9th, 1882

Item

Abstract

Light Co. stock is now up to $800. Directors of Iso Co. changed last Saturday, "so as to get men who are not directors in the Light Company, to vote on pending matters between the Light Company and the Isolated Company. That is to avoid the legal objection of everybody being on both sides of the Fence." Fabbri's brother replaces Fabbri; Goddard replaces Lowrey; Moore replaces Banker. Iso Co. only has abt $550 in cash; another assessment fr stockholders is necessary. Board doesn't want to sell any more plants on "approbation" until "all outstanding accounts were collected. I showed the absurdity of that position and told them we should get no orders and might as well not spend any money in trying to get them." Ill. Co. has $12K in bank; Light Co. has $11K. "I must apologize for giving you all these details. The fact is I miss you[r] morning call, and not having you here to talk to I have to talk to the Stenographer. By and by I shall get used to it and will not then trouble you with such a lot of little things."

Date

1882-05-09

Decade

1880-1889

Type

Identifier

D8226A

Folder Set

D8226

Title

[D8226A], Letter from Sherburne Blake Eaton to Thomas Alva Edison, May 9th, 1882

Microfilm ID

61:147

Publisher

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