[D9210AAQ], Letter from Woerishoffer & Co to Thomas Alva Edison, October 10th, 1892
https://edisondigital.rutgers.edu/document/D9210AAQ
Transcription
New York, Oct. 10th 1892 Thomas A. Edison Esq., Orange, N.J. Dear Sir:- Your letter received concerning your loan of $50,000 due on 16th. We will renew the loan at 6 months, but cannot, at the moment, definitely fix the rate, but we think it will not be over 6%. If you prefer, we will renew the loan without naming any particular time and charge you whatever is the fair current rate for money and you can have the money as long as you need it, so that you need feel no anxiety about the maturity of the loan. Money Is more active today and it has loaned as high as 11% Yours truly, Woerishoffer