[D8602B], Letter from Thomas Perman to Drexel Morgan & Co, January 2nd, 1886
https://edisondigital.rutgers.edu/document/D8602B
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Metadata
- Title
- [D8602B], Letter from Thomas Perman to Drexel Morgan & Co, January 2nd, 1886
- Editor's Notes
- I attended the meeting of the Indian and Colonial Co. on the 31st ult.; the disposition seemed to be to await the outcome of negotiations with the Australasian Co. before taking any voluntary steps toward liquidation.###Reduction of capital became law on 15th ult. when a certificate from the court was received.###Sent you a report and balance sheet.###If the negotiations work out, we can divide our cash and receive some bonus shares too, which will have market value if the co. succeeds; if the negotiations fail, we can still divide the cash among the stockholders; J.S. Morgan called you after my return from the meeting; Edison Indian meeting today, no movement toward liquidation.###send a copy of the report and inform TAE about the gist of this letter.
- Author
- Perman, Thomas
- Recipient
- Drexel Morgan & Co
- Mentioned
- Australasian Electric Light Power and Storage Co
- Morgan (J.S.) & Co
- Edison's Indian and Colonial Electric Co
- Date
- 1886-01-02
- Type
- Letter
- Subject
- International business operations
- Management (companies and organizations)
- Stocks, bonds, and investments
- Folder ID
- D8602-F
- Microfilm ID
- 79:9
- Document ID
- D8602B
- Publisher
- Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
- Has Version
- Archive.org Viewer, Microfilm Series Reel 79
- License
- CC0 1.0 Universal
- Item sets
- [D8602-F] (D-86-02) Drexel, Morgan & Co