[D8547D], Letter from Consolidated Telephone Construction Co, Charles L W Fitzgerald to Thomas Alva Edison, January 10th, 1885

Item

Abstract

[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.

Date

1885-01-10

Decade

1880-1889

Type

Identifier

D8547D

Folder Set

D8547

Title

[D8547D], Letter from Consolidated Telephone Construction Co, Charles L W Fitzgerald to Thomas Alva Edison, January 10th, 1885

Microfilm ID

78:825

Publisher

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