[HM88AAJ], Agreement, Edison Spanish Colonial Light Co, Havana Electric Light Co, August 14th, 1888

https://edisondigital.rutgers.edu/document/HM88AAJ

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Title

[HM88AAJ], Agreement, Edison Spanish Colonial Light Co, Havana Electric Light Co, August 14th, 1888

Editor's Notes

Summary: ## First: In consideration of previous agreements, the Edison Spanish Colonial Light Company assigns its Spanish patents to the Havana Electric Light Company for use within the territorial limits of Havana, Cuba, only. 14 patents pertaining to electric inventions then listed. If within one year the assignees have not obtained exclusive concessions from the city of Havana, or within two years actually established the electric lighting business in Havana, then their patents and stock revert to the Edison Spanish Colonial Light Company and the agreement is void. ## Second: The Havana Electric Light Company agrees not to sell its license or patents to anyone else. ## Third: If Antonio Navarro fails to issue his $336,000 worth of shares, the agreement is void and the Edison Spanish Colonial Light Company can re-assign the rights, title and interest. ## Fourth: The Havana Electric Light Company is not allowed to increase its capital stock without the consent of the parent company as long as the parent company is a stockholder. Furthermore, Navarro and Calvo must fulfill their obligations to seek exclusive licenses for electric lighting in other locations in Cuba within two years.

Date

1888-08-14

Decade

1880-1889

Type

Folder/Volume ID

HM88-F

Microfilm ID

144:120

Document ID

HM88AAJ

Publisher

Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University
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