[D9242AAH], Minutes, North American Phonograph Co, April 29th, 1892
https://edisondigital.rutgers.edu/document/D9242AAH
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Title
[D9242AAH], Minutes, North American Phonograph Co, April 29th, 1892
Author
Mentioned
Date
1892-04-29
Type
Subject
Folder/Volume ID
D9242-F
Microfilm ID
133:600
Document ID
D9242AAH
Publisher
Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
Has Version
Transcription
April 29/92 Special stock holders meeting for adjustment of claims. Bush presented statement.
Due E.P. Wks on your account (not disputed) 24136.01
Claim " " in litigation 290273.30
" Laboratory against E.P. Co 22219.53
" " direct (disputed) 46378.76 68598.29
" E.P. Co or Wks on 2 notes 10653.33
Lippincott note held by E (secured by E.P. Co stock) 78518.37
Lippincott account 121664.55
Lombard account 13023.00
Hemmenway E.P. Stock 22500.00
829366.85
Bush reported proposition made by Edison to issue Bonds ($300,000) to be applied as follows:
Edison Laboratory Bonds 79000
Cash 251.62 79251.62
E.P. Wks in full allotment of
$290273.30 claim 146000.00
Lombard in Bonds 10000.00
Cash 3023.00 13023.00
Hemmenway in Bonds 2200.00
Cash 500.00 22500.00
Lippincott in Bonds 43000.00
Note to be charged 78518.37
Cash 146.18 121644.5 382439.17
Edison to accept N.A.I. Co note for 28518.37 payable 10 days after demand + secured by all E.P.G. stock
78518.37
460957.54
Stock vote recommended on any resolution offered. After lengthy discussion and remarks by Fitzwilson and Dickson + order and explanation by President + Bush and presentation of statement showing full
Due E.P. Wks on your account (not disputed) 24136.01
Claim " " in litigation 290273.30
" Laboratory against E.P. Co 22219.53
" " direct (disputed) 46378.76 68598.29
" E.P. Co or Wks on 2 notes 10653.33
Lippincott note held by E (secured by E.P. Co stock) 78518.37
Lippincott account 121664.55
Lombard account 13023.00
Hemmenway E.P. Stock 22500.00
829366.85
Bush reported proposition made by Edison to issue Bonds ($300,000) to be applied as follows:
Edison Laboratory Bonds 79000
Cash 251.62 79251.62
E.P. Wks in full allotment of
$290273.30 claim 146000.00
Lombard in Bonds 10000.00
Cash 3023.00 13023.00
Hemmenway in Bonds 2200.00
Cash 500.00 22500.00
Lippincott in Bonds 43000.00
Note to be charged 78518.37
Cash 146.18 121644.5 382439.17
Edison to accept N.A.I. Co note for 28518.37 payable 10 days after demand + secured by all E.P.G. stock
78518.37
460957.54
Stock vote recommended on any resolution offered. After lengthy discussion and remarks by Fitzwilson and Dickson + order and explanation by President + Bush and presentation of statement showing full