[D8547D], Letter from Consolidated Telephone Construction Co, Charles L W Fitzgerald to Thomas Alva Edison, January 10th, 1885
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Title
[D8547D], Letter from Consolidated Telephone Construction Co, Charles L W Fitzgerald to Thomas Alva Edison, January 10th, 1885
Editor's Notes
[LETTERHEAD: F.C. Stoop & Co.] Encloses copy of proposal from Consolidated board to Col. Gourand before he resigned from the Gower-Bell board in 1884, which would have prevented liquidation of Gower-Bell. As per agreement of 1881, Consolidated had to purchase 15000 shares of Gower-Bell and give three years credit in instruments worth 10,000 pounds; instruments have been supplied and the bills are about to mature, which Consolidated holds against the goods; Fitzgerald believes TAE holds 72,000 shares of Gower-Bell under the names of Bailey and Puskas; believes Consolidated shareholders badly treated by these agreements "and consequently feel inclined to press on the liquidation of the Edison Gower Bell Coy."; wants to hear from TAE on this matter; notes that EGB has exchanges is Lisbon and Operto with 750 subscribers; has been informed that with 10,000 pound debt about to mature, company has only 300 pounds.
Recipient
Date
1885-01-10
Type
Folder/Volume ID
D8547-F
Microfilm ID
78:825
Document ID
D8547D
Publisher
Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University