[D8240L], Letter from Drexel Morgan & Co to Thomas Alva Edison, May 18th, 1882

https://edisondigital.rutgers.edu/document/D8240L

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Title

[D8240L], Letter from Drexel Morgan & Co to Thomas Alva Edison, May 18th, 1882

Editor's Notes

Rcd yesterday this cable from Gouraud: "One company agreed for India, Australia. Capital L200,000 (A) L100,000 (B). These proportions necessitated by stock exchange rules" etc. Cable goes on to discuss some details. Marquis Tweedale chairman. Will issue Co on Saturday if Waterhouse ready. "Everybody objects limiting improvement clause 5 years. No conditions exacted about new inventions but company surely ought to have right toimprovements at agreed price" or else arbitration. According to your wishes, we cabled in reply: "We approve proposition for company India Australia. Edison consents to clause about improvements upon and during life present patents at agreed price or arbitration provided no conditions exacted concerning or involving future inventions." Please confirm this.

Date

1882-05-18

Type

Folder/Volume ID

D8240-F

Microfilm ID

63:20

Document ID

D8240L

Publisher

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