[LM241216], Letter from Walter Seeley Mallory to Pilling and Crane, October 5th, 1900

https://edisondigital.rutgers.edu/document/LM241216

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Title

[LM241216], Letter from Walter Seeley Mallory to Pilling and Crane, October 5th, 1900

Recipient

Mentioned

Date

1900-10-05

Type

Folder/Volume ID

LM241-F

Microfilm ID

154:27

Document ID

LM241216

Publisher

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

Transcription

October 5th, 1900
Messrs Pilling & Crane,
Girard Building,
Philadelphia, Pa.
Dear Sirs:-
We have just telegraphed you: "Will Miller's proposition September 28th, provided Baird agrees." The proposition is as follows:
"We notice that in accordance with the terms of agreement Mr. Baird must pay his notes for $12,000 bonds. We have written Messrs Pilling & Crane asking them to give us the dates at which these notes are due but in the meanwhile would like to know whether a payment to you of $3,000 would return us Mr. Baird's note the bonds being left on your property thus fulfilling that particular part of the agreement. This would be equivalent to a purchase of $12,00 by you at 7% of their par value unaccompanied by any option or rights."
Yours very truly,
W.S. Mallory
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