[D8835ABL], Letter from Samuel Insull to Alfred Ord Tate, March 3rd, 1888

Item

Abstract

"I enclose you herewith Two (2) Notes, each drawn at Four Months, -one for $793.59 and the other for $2480. The latter is to pay the Armington-Sims Company account, and the former is to pay the Holyoke Machine Co. What you had better do is to return their 5 days sight Draft, writing them it is inconvenient to meet it and send them the Note. You will have to get Mr. Edison to endorse the Notes in each case. Be careful and write on the back of the note 'pay to the order of the Holyoke Machine Co' in one case, and 'pay to the order of The Armington-Sims Co' in the other case. My reason for asking this is that I do not want it to appear that the Edison Machine Works has out any accommodation paper. If the Notes simply bore Mr. Edison's endorsement when they left your office with nothing else on the back of them, it would be quite possible to place such a construction on the paper which I am particularly anxious to avoid. ### You will remember that I asked you to send the Ansonia Brass & Copper Co. a Four Months Note in settlement of their account, explaining that I did not want our paper to pass through Mr. Edisons hands and then through theirs. Have you done as I suggested. I told you that I would undertake to supply Mr. Edison with funds to meet the Note, when it became due. If you have not sent the Note you had better do so immediately. This is a matter which should not be left a day, inasmuch as Mr. Edison's account remaining open with them materially affects our credit with them, and this credit is of immense value to us." Very truly yours, Sam Insull

Recipient

Date

1888-03-03

Decade

1880-1889

Type

Identifier

D8835ABL

Folder Set

D8835

Title

[D8835ABL], Letter from Samuel Insull to Alfred Ord Tate, March 3rd, 1888

Microfilm ID

123:485

Publisher

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