[D8603ZAT], Letter from Renshaw and Renshaw to Thomas Alva Edison, April 15th, 1886
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Title
[D8603ZAT], Letter from Renshaw and Renshaw to Thomas Alva Edison, April 15th, 1886
Editor's Notes
Received Insull's March 8 letter, containing copy of the Agreement of Mar. 22, 1878 under which you were paid 1500 pounds on account of royalties. We enclose extracts from the Deed of License of the same date from which you will see what royalty you were entitled to under such License. ##The Solicitors for the Stereoscopic Co. inform us that accounts of royalties were duly rendered in accordance with the license and it appears to them that Mr. Purkas[?] was overpaid by a sum of 300 pounds, i.e. the minimum payment of 1500 pounds was never worked out in royalties and was exceeded by the sum of 300 pounds, and they deny any liability on the part of their clients. ##It appears to use that the question is purely one of arithmetic and if you have the accounts by you, you can easily test the correctness of this statement. Should the royalties on the price of phonographs sold up to the date of the sale to the United Co. (including in such price the amount paid by the United Co.) not amount to 1500 pounds, it appears to us that you have no claim for further royalties. If, on the other hand, the royalties would exceed 1500 pounds, after taking into consideration the price paid by the United Co. and treating it as money received for phonographs, we are of the opinion that you could recover the amount of such excess. [TAE Marg.]: "Insull ##On this basis, is there[?] anything due? ##E"
Author
Recipient
Mentioned
Date
1886-04-15
Type
Folder/Volume ID
D8603-F
Microfilm ID
79:101
Document ID
D8603ZAT
Publisher
Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University