[D9241AAH], Letter from George N Morison to George Edward Gouraud, March 22nd, 1892
https://edisondigital.rutgers.edu/document/D9241AAH
Transcription
March 22, 1892 Col: G.E. Gouraud, London, England. Dear Sir:- We are duly in receipt of your favor of March 8th, enclosing a copy of a letter from Mr. Jesse Seligman to yourself dated November 2oth, 1892, and copy of your letter to Mr. Seligman dated March 8th, 1892, with request to place name before the next meeting of our board. As desired we enclose you a memorandum showing what disposition have been made of the $25000, referred to, and also the amount of the Company’s indebtedness to its Bankers, which foots up $1690.56, and which has been entered on our books under date of February 29th, 1892. Referring to the suggestion in regard to a further fund of $25000. The cable addressed “Drearless London”, underdate of January 7th, 1892, which has been communicated to you, explained the condition of our Treasury, as well as offering a suggestion with your co-operation looking to its completion, and also releases us from the imputation of neglect in notifying you of the condition of our finances. Under the existing circumstances Messrs. Seligman & Co: have kindly met our requirements. We note further your desire that future communications concerning yourself be send to you direct. Yours very truly, [Signed] G.N. Morison, Secretary. April 5th, 1892, G.N. Morison Esq. Secretary, Edison United Phonograph Co: New York. Dear Sir:- I thank you for your letter of the 22nd ulto: and for the statement of account therein enclosed. The cable you refer to as addressed “Drearless London” of 7th January, which you say was communicated to me explained the condition of our Treasury and conveyed a suggestion looking to its repletion and which you say releases you from the imputation of neglect of informing me of the condition of the Company’s finances, I now hear of for the first time. I shall be obliged if you will give me such explanations as you [me?] be able to in order that I may know both as to why I did not receive the information referred to, and why you suppose I did receive it. Will you kindly at the same time give me particulars of the items $4132.24 Office Expenses and $4368.30 Salaries, and also [3994.13?] Legal Expenses, which appear to me very large under the circumstances, I do not mean the items in detail but the gross amounts of the principle sub-divisions. Yours faithfully, [Signed] G.E. Gouraud April 19th, 1892, Dol: G.E. Gouraud, London, England. Dear Sir:- In reply to your favor of April 5th, duly to hand, we beg respectfully to refer you to the other Members of the Foreign Committee in relation to the first two clauses of your letter. As requested we hand you a fuller explanation of the items embodied in our memorandum sent you March 22nd, which we trust will meet your wishes, Yours very truly. [Signed] G.N. Morison, Secretary.