[D8627J], Letter from Charles Batchelor to John Canfield Tomlinson, April 7th, 1886

Item

Abstract

I send you the power of attorney that we have from Scott Sims for collecting the money on these torpedoes. Two of these torpedoes are now finished and we are trying to get them in the water this month so that he can collect the money and pay us for them. Now he wants to make the following arrangement with us for the three torpedoes we have now in the shop building: as you see, he receives $7000 each for them, that is $21,000 for three boats. The coast of each boat is the work that is done by the Machine Works, the work that is done by the copper smiths and one of two small little expenses not amounting to more than $3,500. In consideration of the fact that we build the motors and do all the work, except the copper smith work, which he furnishes to us, and without any payments on account from him until such payment shall be received from the Government, he agrees to divide the profit over and above the cost of manufacture with us, that is 1/2 to the Machine Works and 1/2 to him. Can you send me a paper suitable for he and the Machine Works to sign which would make this arrangment binding?

Date

1886-04-07

Decade

1880-1889

Type

Identifier

D8627J

Folder Set

D8627

Title

[D8627J], Letter from Charles Batchelor to John Canfield Tomlinson, April 7th, 1886

Microfilm ID

79:524

Publisher

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