The Thomas A. Edison Papers Digital Edition

Transcription

LB049411 
 
20th May, 1891. 
 
Alexander Elliott, Jr., Esq., 
[Illegible word] House, 
Newton, N. J. 
 
Dear Sir:- 
Your letter of 19th instant is at hand, and I [illegible word] noted contents of same. 
You may close with Pardes by taking a three [illegible word] option to purchase the majority of the stock of the Sussex Iron Company which owns the Davenport Mine, at six thousand dollars, if you cannot get it at $5,000. You had better see Brown and the others and ask them if they will not come in at the same price. 
Say to the Crans Iron people that we have been prospecting on the Egbert Church mine, but had to take the man away to prospect another time; he will soon return however; the rock is very much distributed and we were very much cut out by the formation at Egbert Church. 
In regard to the Hilts mine, see what kind of an option you can get- how much money they want for the right to purchase it within 18 months, and also what is the minimum amount for which they would lease it. You may close the Howell and Split Rock mines. 
How about the Cobb Mine? 
You need not bother about the Pike’s Peak Mine, as we find nothing there. 
You speak about the Ogden Mine search. Do not forget that we have the complete search of title here in the hands of Mr. Lehman. Please see him. I think the only search you should make is to see that there is nothing on record about bonds or judgments against the Company or any contracts obligating the Ogden Co. to any particular thing. Mr. Reed has turned over all the documents and searches relating to Ogden to Mr. Lehman and they are here at your disposal. Our search on all the titles of property in connection with our surveys at Ogden was made by Reed, I think. 
Mr. Lehman has surveyed Seward, and it does not amount to very much. If he does not come down to a reasonable sum, I do not think we shall want it very badly. However if you can get a decent arrangement with him we had better take it, as it makes the whole thing continuous. 
I will look up the Cole survey and see if it amounts to anything. 
The Cole property at Mt Olive has no mineral on it. 
You say “Please write Mr. Perry a letter about increasing my salary.” You have made a mistake in regard to this. I did not make any arrangement about increasing your salary. The arrangement was that you get the same salary as you are getting now, but [illegible words] $15.00 a day, while working, and expenses, you to hire the man on just what terms as you please. All that we want is that he should be a good active man. 
Regarding your letter also of 19th instant, informing me of your interview with Wright, I am now pretty well convinced that the Wright and Welling properties are of no value to us, so I advise that you [crossed out word, illegible] inform Mr. Wright that his proposition is not acceptable to us; then let the matter drop until such time as he feels inclined to [illegible word] to our terms. 
Yours very truly, 
Thomas A. Edison