The Thomas A. Edison Papers Digital Edition

Transcription

Letterhead of Eaton & Lewis
New York Jan. 29, 1892.
<Stamp: RECEIVED
JAN 29  1892
Ans'd ______18>
Thomas A. Edison, Esq
Dear Sir:
Re Edison Light Co. Report or Certificate. After endless tribulation this document has finally been brought into shape for execution.
Enclosed is a copy for you to sign. Please sign where the Notary indicates, and hand it right back to him. It must be mailed tonight to Albany, which the Notary will attend to.
All of the other Directors are signing a similar Certificate/
I enclose a copy for your files, for it may turn out to be an important document, and you ought to keep a copy.
It is absolutely vital that you should sign the Certificate, for if you do not you will be liable for all the debts of the Company. If you do sign it and it is mailed by tomorrow, there will be no liability.
Very truly yours,
S.B. Eaton EDISON ELECTRIC LIGHT COMPANY. 
STATE OF NEW YORK: 
City and County of New York  
I, the undersigned, a Trustee of the Edison Electric Light Company, do hereby certify and state: That I have endeavored to have the Annual Report of the Edison Electric Light Company made and filed as required by law, and that the officers of said Company have refused and neglected to make and file any report except a report of the tenor and effect of the report hereto annexed, and I do append to this certificate a report containing the items required to be stated in such Annual Report as far as they are within my knowledge or are obtainable from sources of information open to me, and verified by me to be true to the best of my knowledge and belief. 
WITNESS my hand this		day of January, a. d. 1892. 
 
STATE OF NEW YORK: 

as:
City and County of New York: 
Being duly sworn, deposes and says: that he has read the foregoing certificate subscribe STATE OF NEW YORK: 
City & County of New York 
I, the undersigned, a Trustee of the EDISON [LIGHT COMPANY]. Do hereby make this report, [illegible words] items required to be stated in the Annual Report of said Company, so far as they are within my knowledge or are obtainable from sources of information open to me: 
FIRST: The amount of the Company’s authorized capital stock in $1,690,000., divided into 10, 000 shares of $100 each. 
The company transformed by the consolidation of the Edison Electric Light Company and the Edison Company for Isolated Lighting, pursuant to Chapter 367 of the Laws of 1884 of the State of New York, with a capital stock of $1, 294, 200., consisting of 12, 942 shares of $100 each, of which amount 9,965 shares, amounting to $996,500., were to be divided, under the Consolidation Agreement, among the [illegible word] of , the Edison Electric Light Company, and [illegible words], amounting to $297,700., among the stockholders [illegible word] Edison Company for Isolated Lighting. 
No stockholder of other of said companies objected too such consolidation or demanded payment for his stock, at the meeting of the stockholders authorizing the consolidation, or within twenty days thereafter, or applied within a sixty days after such meeting to the Supreme Court to have the value of his stock appraised, in pursuance of the provisions of said Act.
It was agreed in and by said Consolidation [illegible word] that the capital stock of said consolidated company [illegible word] -$1,294,200., was not larger in amount than [illegible word] value of the property, franchises and rights of the two companies so consolidated. 
Of the stock of [illegible word] consolidated companies, there has been actually divided among the stockholders of said consolidating companies, or their assigns, and placed upon the books of this company, in their respective names and stock certifications issued to them, pursuant to said Agreement, 18,715 shares, of the aggregate amount of $1, 271, 600., and in addition thereto fractional certificates or scrip amounting in the aggregate to one and ninety one one- hundredths of one share, convertible into stock in said Company at per. 
The authorized capital stock of the Company was increased after such consolidation to the present moment, and there was issued of such increases of the capital [illegible word] as full paid stock, for and in consideration [illegible word] and properly actually received therefor, for the use and purpose of the Company, and valued and determined by the Board of Trustees at the time of purchase to be worth an amount equal to the per value of the capital stock issued therefor as fully paid stock. 
No stock of the Company has been issued or paid in except as above stated. SECOND: In general terms, the nature of the existing sheets and debts of the Company is as follows:-  
ASSETS: 
Letters patent and patent rights; 
Stocks and bonds of other companies, and [illegible word] 
Claims in the nature of accounts receivable and bills receivable, and other obligations to the company in each; 
Contracts with licenses companies and others, and claims under such contracts, and claims against infringers of letters patent or patent rights of the company; 
Electric apparatus and plant, and property of the Company in use by the lessee
Lease of offices, fixtures and furniture, and appliances and supplies. 
II. DEBTS. 
Bills payable and accounts payable: 
The Company has alas made various contracts in the course of its business, including contracts relating to the use of patents, which contracts are not strictly debts, but create obligations on the part of the Company which, under certain circumstances, may involve the [illegible word] in liabilities. 
 
THIRD: The amount of the existing debts of the Company does not exceed $500,000. 
 
FOURTH: The amount of the existing assets of the Company is at least equal to the sum of $2,000,000. 
 
FIFTH: The names of the stockholders on the the stockholders on the books of the Company upon the first day of January, 1892 were as follows: 
M.A. Frank,
J.A. Garland
Walter B. Horn
John McKesson, Jr.
Estate of A.M. Proudfri
E.M. Robertson
W.L. Samson
S.N. Warren & Co.,
Walter Kennys,
G.W. Knight,
John W. Doane, Trustee
Henry Villard, Trustee
Samuel Insull, Trustee
Thomas C. Buck, Trustee
C.H. Coster, Trustee
Noah Favis, Trustee
T.A. Edison, Trustee,
J.H. Herrick, Trustee
Morris H. Smith
F.S. Smithers, Trustee,
Spencer Trask, Trustee
J. Hood Wright, Trustee
Henry Villard and J.H. Herrick, Trustee

The foregoing list does not include such stockholders of the Edison Electric Light Company, or the Edison Company for Isolated Lighting, or the assigns of such stock-holders, who failed to surrender the [illegible word] certificate as for exchange under said consolidation Agreement, who therefore did not become entitled, according to said Agreement, to receive certification for stock in this company, and do not appear as stockholders of this company on its books. 
IN WITNESS WHEREOF, I sign hereto my name, hereto my name, this twenty-ninth day of January, 1892. 
STATE OF NEW YORK: 

as:
City & County of New York 
Being duly sworn deposes and says, that he has read the foregoing report, subscribed by him, and knows the contents thereof; and that the same is true to the best of his knowledge, information and belief. 
Sworn to before me this 
Day of January, 1898 :