[LB048224], Letter from American Graphophone Co to Thomas Alva Edison, March 12th, 1891
https://edisondigital.rutgers.edu/document/LB048224
Transcription
American Graphophone Company, Washington, D.C. March 12th, 1891. Mr. Thomas A. Edison, Orange, New Jersey. Dear Sir:- We are recently informed that you hold all or some of the stock of the Edison Phonograph Company (which was sold by you to Mr. Lippincott) as collateral security for a note of Mr. Lippincott’s for the sum of $65,000 or $68,000. We seem it proper to remind you in this formal way of a fact already known to you, via; that we hold an agreement made by Mr. Lippincott, about the date of your agreement with him, to sell and transfer to us at any time within 5 years all of the rights acquired by him from you, the Edison Phonograph Co. and the Edison Speaking Phonograph Co. Respectfully. (Signed) American Graphophone Co. per H.M.P