[SB019025f], Clipping, New York Journal of Commerce, May 13th, 1889
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Title
[SB019025f], Clipping, New York Journal of Commerce, May 13th, 1889
Editor's Notes
"A Phonograph Case", New York Journal of Commerce. TAE has entered a complaint in equity against Gilliland and Tomlinson. Edison formed his phonograph company with $1.2 million and TAE owned 11,960 shares at $100 each. Gilliland and Tomlinson were to find a buyer for the rights to the phonograph and sold it for $500,000, whereas TAE estimated its value at $1 million. He suspects that a separate deal allowed $250,000 to be gained by Gilliland and Tomlinson.
Author
Mentioned
Date
1889-05-13
Type
Folder/Volume ID
SB019-F
Microfilm ID
146:191
Document ID
SB019025f
Publisher
Thomas A. Edison Papers, School of Arts and Sciences, Rutgers University