[D8962AAI], Letter from Sherburne Blake Eaton to Alfred Ord Tate, June 25th, 1889
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Title
[D8962AAI], Letter from Sherburne Blake Eaton to Alfred Ord Tate, June 25th, 1889
Editor's Notes
"Re cash Payments by Mr. Lippincott. Replying to your esteemed favor of the 21st inst. Stating that the payments which are now being made, and which you assume are made on account of the indebtedness of the N.A.P. Co. to the Edison Phono. Works, are made by means of Mr. Lippincott’s personal check, and referring to your question whether this fact may not possibly complicate matters hereafter and asking for my suggestion in the premises, I beg to say: ### Mr. Lippincott’s people, altogether, are indebted to Mr. Edison or his Companies on three separate accounts to wit, (1) For Phonographs furnished by the Edison Phono Works to the N.A.P. Co., (2) for experimental expenses of Mr. Edison at his laboratory under Sec. 5 of the contract of Aug. 1, 1888, between Mr. Edison, Mr. Lippincott and the N.A.P. Co. and (3) Mr. Edison still holds the unpaid promissory note of Mr. Lippincott for $65,000 (I think that is the amount). Whenever you receive any money, it should be distinctly understood on which account the payment is to be applied. I therefore suggest that when you send a receipt for the money received, you state specifically on what account you consider you receive it, also that you write a letter with the receipt calling attention to that matter and, further, that you get an answer to your letter stating whether you were right in assuming that the money was to be credited to said account. You should make careful and thorough work of this, so as to avoid any future complications, the danger of which I shall explain to you in person when we meet. ### Awaiting your further favors,"
Author
Recipient
Mentioned
Date
1889-06-25
Type
Folder/Volume ID
D8962-F
Microfilm ID
128:9
Document ID
D8962AAI
Publisher
Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University