[D9239AAD], Letter from North American Phonograph Co to Felix Gottschalk, February 1892
https://edisondigital.rutgers.edu/document/D9239AAD
Transcription
Eaton & Lewis. S.B. Eaton Eugene H. Lewis Law Offices 44 Broad Street (Edison Building) New York. Jan. 29, 1892. T. A. Edison, Esq., Dear Sir: - Replying to Private Secretary Tate’s letter of the 26th about your loan of $3, 500 to the Automatic Phonograph Exhibition Co., I beg to say that the first thing to do is to have this money put to your individual credit on the books of that company. I have talked the matter over with President Gottschalk of that company to-day, and he will make the transfer if the North American Phonograph Company will write to the Automatic Company the following letter: “Automatic Phonograph Exhibition company, “Felix Gottschalk, Esq., President. “Dear Sir: - Referring to our instructions for you to place to the credit of Mes gre. Robinson & Blodgett, trustees, certain moneys which we have heretofore sent you our checks for, and referring more particularly to our request for you to place once certain sum of $7, 500 to the credit of said trustees, we hereby request you to transfer $3,500 of that amount to Thomas A. Edison, as of the date on which you received our check for the said $7,500. Please open an account with Mr. Edison personally, and place the said sum of #3,500 to his credit. That money was advanced by him and through a misunderstanding was, under our instructions, placed to the credit of the said trustees, whereas, Mr. Edison now claims and as we are willing to admit, the same should be placed to his credit. “Kindly notify us and Mr. Edison when this is done and send a copy of your letter to Mr. Edison to Mr. S. B. Eaton. Very truly yours.” Are you sure that the total amount of money lent by you is $5,500. Mr. Gottschalk tells me that the total amount to the credit of Robinson & Blodgett, trustees, is $11, 250. As regards putting this loan into some permanent shape, I am engaged in perfecting the plan and have already drawn the preliminary papers therefor. Mr. Gottschalk thinks that he can get all of the other creditors for money loaned to accept this plan. In due time I shall write you at length about it. Very truly yours, S.B. Eaton