[D8802AAJ], Letter from Sigmund Bergmann to Thomas Alva Edison, March 5th, 1888

Item

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Abstract

"What I wanted the proxy of your stock in the Edison Wiring Co. for was for the purpose of winding them up. We all came to the conclusion, including Mr. Chinnock, that the best thing we could do was to take the Wiring Co. right over into the United Co., as it originally was. It is a profitable business, and it is shown that they made good profit while they were in existance, although there was great dissatisfaction, such cases as your neighbor at Llewellyn Park. The United Co. bought up the stock of the United Co.'s stockholders, and paid them 25% more than they paid to. We found that was the profit they made. You will in a few days receive your payment, plus 25% of your investment. Trusting this meets your approval, I remain, " Yours truly, S. Bergmann "P.S.-- You asked me in your last letter whether I had any influence in the Wiring Co. I think I have." TAE marg:: "This was the Co I think that I never believed in starting as per convention at 40 Wall"

Date

1888-03-05

Decade

1880-1889

Type

Identifier

D8802AAJ

Folder Set

D8802

Title

[D8802AAJ], Letter from Sigmund Bergmann to Thomas Alva Edison, March 5th, 1888

Microfilm ID

121:66

Publisher

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