[D8630ZCX], Memorandum, Charles Batchelor, 1886


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[D8630ZCX], Memorandum, Charles Batchelor, 1886

Editor's Notes

[Several pages of notes belonging to Charles Batchelor. In rather poor condition; portions of some pages missing] Transcription of what is decipherable: "Exploitation Co- Cap shares: $200,000 -- $500 each.# Electric Light are for motive power # [-----] given for 5 years by E. Light Co. # Paris with its [-----] Versailles included # France, French Colonies # Belgium, Denmark # German Empire # Austria and Hungary # Russia Italy # Spain (except Spanish Colonies) # Edison personally extends 5 year period for 12 additional years. # Profits Divided [this is a heading, underlined] a) payment yearly expense b) legal reserve 1/20 part profits c) Percentage allotted according to wage to wage to directors d) Repayment shares at [------] e) 80% to Paris of [-----] 20% [-------] [Top portion of next page indeciperable] # Profits [this is a heading] a) Payment General [-----] b) Legal [----] (no division) c) 6% on capital paid d) percentage usual to Directors e) ["repayment of capital" here crossed out] 1/12 capital set aside for repayment capital f) 50% founders 50% stockholders g) [-----] not confined to this Co - others to be authorized same terms. [Top portion of page three indecipherable] Nov. 24/[18]86 (Upton agreement)




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