[LB026246], Telegram from Thomas Alva Edison to George Edward Gouraud, April 23rd, 1888

Item

Abstract

[Portions of this letterpress copy difficult/impossible to read; text taken from typed transcription in D8818AJH] "Telegram means just what it says. It's a manufacturingCompany that gets twenty per cent profit for manufacturing every instrument and nothing else. I get forty per cent of stock for my right to manufacture; capital gets sixty per cent. For every sixty share sold from Treasury forty are issued to me as fast as sold. I maintain control by having issued to me some deferred shares which do not participate in dividends until they are over twenty five percent on entire capital no bonus or commissions given to anybody Company only organized Wednesday has no stock sold or to be sold less than par. Two hundred fifty shares already sold at par. Every dollar to go into Machinery and buildings. Can reserve such an amount as you desire if notified within reasonable time."

Date

1888-04-23

Decade

1880-1889

Type

Identifier

LB026246

Folder Set

LB026

Title

[LB026246], Telegram from Thomas Alva Edison to George Edward Gouraud, April 23rd, 1888

Microfilm ID

138:420

Publisher

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