[D8603ZCL], Letter from Freeman and Webb to Samuel Insull, October 25th, 1886


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[D8603ZCL], Letter from Freeman and Webb to Samuel Insull, October 25th, 1886

Editor's Notes

Received your favor of the 20th. We did not reply sooner because we wished to confer with our clients. We have submitted your proposition and are awaiting a reply. The difficulty in making this loan is the small amount of Real Estate compared to the size of the loan. If your co. could get along with a less sum, it would be well to advise us. $50,000 would go much better. ##We will say right here that our clients are not Insurance Co.'s in this case. ##It would probably be necessary for one of our firm to take the proposed loaner down to NY to have a personal interview with yourself and TAE. And we would like to have you bear the expense, which might amount to $50 or $75. ##Will you please advise us what commission you will pay us for procuring the loan. Make it as liberal as you can afford, as we shall probably have to share it with another party whose influence we require.






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