[LM240175], Letter from Walter Seeley Mallory to Pilling and Crane, March 9th, 1900
https://edisondigital.rutgers.edu/document/LM240175
Transcription
March 9. 1900 Messrs Pilling & Crane, Girard Building, Phila., Pa. Dear Sirs:-- We are in receipt of yours of the 8th inst., and beg to confirm letter written you last night, which we sent to you by Mr. Upton, together with the signed transfer from Mr. Edison to Mr. Baird, covering ten of the Edison Phonograph Works bonds, which we understand Mr. Baird, covering ten of the Edison Phonograph Works bonds, which we understand Mr. Baird will turn over to you as collateral security covering your advance of $10,000 to take care of the note due today. We understand that you will get from Mr, Baird an order authorizing as to turn his bond over to you, so that we may keep the matter straight here and in accordance with the contract. We greatly appreciate your action in the matter. Will you kindly advise us what he has to say regarding the payment of the note due February 9. If he will pay this within the next week or ten days, it will not be necessary for us to discount one of the other notes possibly next month. If he cannot pay it, we will have to put one of the other notes through. We, of course, much prefer not to discount, if we can avoid it. Please advise us fully in the matter. Yours very truly, W.S. Mallory