[LB012167], Letter from Samuel Insull to Charles Batchelor, April 26th, 1882


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[LB012167], Letter from Samuel Insull to Charles Batchelor, April 26th, 1882

Editor's Notes

Your account has been debited with the following amount paid on your ccount:-##Edison Electric Light Co [50]% on 75 shares new stock $3650.00##Edison Electric Light Co 10% 2nd [call] on 4 cks new stock - R. Batchelor 40##Edison Lamp Compoany Assessment 1000##$4680.00##This overdraws your account with Edison but as soon as we can get a settlement of the Edison Light with Drexel Morgan & Co your account will be all right again. We have to pay $7.50 further 10% call on your new Parent Stock, about $1600 to the Edison Machine Works to pay up your assessments & also for your European Bonds. You requested us to pay for the Bonds sometime back but we have been so pressed for funds until this week. I have promised Eaton that I will pay for the Bonds this week. Please let me know if you want the Bonds sent on to you.##The receipt for subscription to [73] shares Edison Electric Light stock received from company this [---] had better remain here. When the whole of the subscription has been called & the stock exchanged for the subscription receipts the certificates of stock can be sent you.##You sent for 17 shares Baileys stock. The European Coys Books are closed but as soon as they reopen them I will get the Stock transferred & sent you





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