[LB050197], Letter from Alfred Ord Tate to Bell and Biggar, June 30th, 1891
https://edisondigital.rutgers.edu/document/LB050197
Transcription
June 30, 1891 Messers. Bell & Bigger, Belleville, Ont., Canada. Dear Sirs:- I am very much obliged for your letter of 28th instant in regard to the Consolidated Gold Mining Company. You mention the names of Col. Rhodes, and Mr. W.H. Stevens, and locate these gentlemen at Quebec and Detroit, respectively, but you fail to give me a more definite address for either. I note that you state your opinion to be that there would be no trouble about getting a sufficient quantity of bond-holders to make request for a foreclosure, and that you anticipated action to this and would have been before this. You believe further that if a possible disposition of the property were in view, more prompt action might be expected. I have only to say in reply to this portion of your letter that the conversation had with your Mr. Bell some two years ago was definite and to the point, but until the receipt of your communication under reply neither Mr. Edison nor myself received any intimation that the object which we had in view was understood. My recollection is that I addressed several letters Messrs. Bell & Bigger. June 30, 1891. to you upon tis subject without being able to elicit any information of a definite character, and I formed the impression that Mr. Bell’s engagements were such that he had not time to give attention to the matter. I would like to meet some one representing the control of the Mamora property, if such a person exists. The conditions will admit of the bond-holders realizing some small fraction of their expectations, which, I take it, is better than nothing: but unless I can within a very short time enter into some tangible negotiation, I shall be compelled to drop the matter entirely. Yours very truly, A.O. Tate