[D8736ACY], Letter from Samuel Insull to John F Randolph, July 19th, 1887

Item

Abstract

"I enclose you herewith, three Cheques, each for $100,000 You will please use the Cheques as Mr. Kruesi calls on you for money. You of course understand that all our money affairs with relation to the laying of underground conductors in New York, will have to pass through your hands. Everything must be kept in the utmost detail, as we will have to give a voucher to the Illuminating Co. for every cent we expend. You should get from Mr. Kruesi immediately, a list of the employees, rates of wages, and should arrange for someone to keep a proper record of their time, so as to enable you each week, to make out the necessary pay roll. Your pay roll should close each week on Tuesday night, which will give you ample time to obtain from us a Cheque to meet same on Saturday morning. In addition to pay roll, you will have to pay freight charges, expressage, and sundry charges; of course whenever Mr. Kruesi want any money, you will please give it to him immediately, but be very careful to get from him as soon after as possible, a statement of how the same is to be charged. You should never be without one or two signed Cheques for $100.00 each; whenever you use up those you have, notify us at once and we will send you others. Mr. Kruesi has engaged a clerk who may probably have to disburse small amounts of money; this money you will pay the clerk in as small amounts as you think desirable, getting from him a statement of how he disburses such sums."

Recipient

Date

1887-07-19

Decade

1880-1889

Type

Identifier

D8736ACY

Folder Set

D8736

Title

[D8736ACY], Letter from Samuel Insull to John F Randolph, July 19th, 1887

Microfilm ID

119:1115

Publisher

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