[D8830AAH], Letter from Edward Hibberd Johnson to Thomas Alva Edison, February 21st, 1888
https://edisondigital.rutgers.edu/document/D8830AAH
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- Title
- [D8830AAH], Letter from Edward Hibberd Johnson to Thomas Alva Edison, February 21st, 1888
- Editor's Notes
- "Referring again to your favor of the 7th inst. Already acknowleged by Mr. Hastings, I have report that the question of this Company assuming a portion of your laboratory expenses has been discussed by our Executive Committee and on my recommendation a resolution was adopted declaring the sense of the Committee to be in favor of making you a reasonable allowance on account of these expenses, but before acting finally on the matter the Committee desired some definite information regarding the proposed plan and the proposition to be born by the other interestes concerned. ### Before authorizing any expenditure of this nature the first and most important question that they will want determined is, as to the nature and extent of the advantages to be derived by this Company? And to whom will the resultant benefits accrue? That is to say, if they are called upon to authorize an expenditure for certain experiments which may develop adjuncts to our system more or less valuable, they will desire some reasonable assurance that we shall acquire the right to use these inventions or improvements so far as they may pertain to our system, without payment of royalty or consideration other than such proportion of your expenses as we may agree to assume. ### They would also like to know the proportion and amount of expenses assumed by each of the shops, and whether they will bind themselves, in good faith, to pay the same. They also suggest that if the matter is agreed to, all around, some arrangement be made by which the money should be paid periodically, by each of the parties interested, to one common recipient, who shall be responsible to each party in interest, and who shall turn the funds over to you. ### As soon as I can hear from you on these several points, I shall be glad to bring the matter before our committee for final action." Extensive TAE marg:a: "The Mandatory paragraph which requires assurance from me that all inventions due to the money advances by the Light Co. shall be given without royalty or [unclear] consideration than payment of expenses has tended to form my discussion-my intention was to do so but to make it mandatory when puts it in a business light + it would be manifestly unfair that I should give my time a expenses to devising apparatus without consideration other than being a 1/16th owner of the Co. - The 15/64 of my partners would benefit." ### [new TAE marg?: "Upon mature consideration I have concluded after reading over your letter of the 21 that I shall not ask the Light Co to contribute towards the expenses of the Laboratory."
- Author
- Johnson, Edward Hibberd
- Recipient
- Edison, Thomas Alva
- Date
- 1888-02-21
- Type
- Letter
- Subject
- Financial operations (companies and organizations)
- Patent assignments, licenses, and royalties
- Research and development
- Folder ID
- D8830-F
- Microfilm ID
- 123:22
- Document ID
- D8830AAH
- Publisher
- Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
- Has Version
- Archive.org Viewer, Microfilm Series Reel 123