[HX89054], Agreement, North American Phonograph Co, Jesse H Lippincott, Thomas Alva Edison, October 31st, 1889

Item

Abstract

First, ## Both parties agree that a promissory note made by Lippincott for Edison for $65,000 payable October 31st 1889 is extended for two months, the renewal note payable December 31 1889 with interest. ## Second, ## Edison has received 11,850 shares of stock in the Edison Phonograph Company as security for payment of the promissory note. Edison has full voting power on the stock, and will sell the stock if Lippincott defaults on his debt, handing over any surplus to Lippincott.

Date

1889-10-31

Decade

1880-1889

Type

Identifier

HX89054

Folder Set

HX89

Title

[HX89054], Agreement, North American Phonograph Co, Jesse H Lippincott, Thomas Alva Edison, October 31st, 1889

Microfilm ID

145:365

Publisher

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