26 Strawberry St.
Phila Oct 8, 78
The J. & E. Stevens Co. Cromwell, Ct.
E. S. Coe Esq Tr.
Dear Sir-
Your form of ...... in answer lines of Oct 2nd is .... - Your
proposition to allow us in the payment of Royalty of three cents
each applied every three months in cash, to allow Pelican Savings
Bank, as at present .....with the figure in the mouth, is entirely
reasonable and acceptable to us, and on that understanding we will
proceed with the business, and render our accts and payment every
three months as agreed. As the matter is thus satisfactorily and
reasonably arranged, we will not dispute as to our right in the case
and with thanks for your prompt reply are
Yours Truly - H. & J. Budd
WEB NOTE:
Henry & John Budd, locksmiths at 31 Strawberry St.,
Philadelphia, in 1860.
Pelican Patent
#
209,038
was issued to
John Gerard on Oct. 15, 1878
and assigned to Trenton Lock and Hardware Co.