[SB019002f], Clipping, St Louis Republic, January 18th, 1889


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[SB019002f], Clipping, St Louis Republic, January 18th, 1889

Bibliographic Citation

"Edison Out $250,000: How a Couple of Clever Friends Made that at His Expense", St Louis Republic, January 18th, 1889

Editor's Notes

When TAE was perfecting the phonograph, he had no time to devote to capitalizing the patent. Gilliland and Tomlinson were tasked with selling the patent and they would get some shares in the new company. The two found a buyer, Mr. Lippincott, and told TAE that he would buy the patent fot $500,000. TAEalso asked what arrangement they had made on their own behalf. TAE later found out that the price that Mr. Lippincott gave was actually $750,000 and TAE set out to figure out what happened to the $250,000.
Thomas Edison accuses late legal adviser John C. Tomlinson and electrician/inventor Ezra T. Gilliland of cheating him out of $250,000 in the sale of the phonograph




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