[D9226AAH], Letter from Grosvenor Porter Lowrey to Thomas Alva Edison, July 26th, 1892
https://edisondigital.rutgers.edu/document/D9226AAH
Transcription
New York July 26, 1892 My Dear Sir: I enclose copy of letter which I have written to Maj. Samuel Flood Page, Deputy Chairman of the Edison & Swan Electric Light Company. I wrote you several days ago in reply to your note asking if you had a copy of the Articles of the Association. You will see by the Annual Report that they refer to certain clauses of the Articles of the Association, as entitling them to use the funds to create a reserve fund etc. I have written to Mr. Wright drawing his attention to the matter, and I enclose a copy. I think that you might personally address a letter to the Company, which should be prepared with care- though I don’t think that letters do any good with those tough Englishmen, nor anything else, when they have the whip hand. I shall be absent from the City after Friday next, for two months, but letters will be forwarded to me, and I will, if you desire it, freely, and with pleasure, attend to any matter in which you are interested, even though it calls me to town. Very truly yours, Grosvenor Porter Lowrey T. A. Edison, Esq., Orange, N.J. July 23, 1892 Dear Sir: I am to-day in receipt of the Ninth Annual Report of your Company, together with an enclosure of blank proxy, to vote at the general [illegible word] of the 18th of July, and note with interest “this proxy, to be available at the meeting, should be sent to the Secretary so as to reach him not later than by the first post on Saturday morning, 10th of July, 1892.” A reference to the Report led me to look for a copy of the Articles of the Association, but I find that if I ever had any, it has been mislaid. I received inquiries from Mr. Edison lately which make it desirable that I should read those articles, and I would be glad if you would send me a copy if they were printed. You would be glad to hear the expression of your opinion upon the question of whether B. shares are worth anything, or are over to be worth anything. It has been unpleasantly intimated to me what the Company has been managed with the purpose of expending funds which B. share holders had a right to see divided in the erection of the factories, etc., which after the expiration of the patent, will enable the A. shareholders to continue to receive their income, but which will probably give nothing whatever to B. shares. I shall forward a copy of this letter to Mr. Edison and another to Mr. J. hood Wright, who is now in Europe. Very truly yours, Grosvenor Porter Lowrey Maj. Samuel Flood Page, The Edison-Swan United Electric Light Company, 100 Victoria Street, London, S.W.