In a message dated 2/21/2004 9:59:36 AM Eastern Standard Time, [email protected] writes:
> Hence the first (Zono) bankruptcy in 1900...and the near or verge of > bankruptcy in > the fall of 1903 when Eldridge Johnson bought the assets of Seaman for $135K > (October 1903). > ************ There may be some confusion here. According tio PHP, the first Zonophone bankruptcy occurred in 1901 - the sale of goods took place on Oct 28, 1901, in NYC. Johnson's new Victor Co did acquire the (re-organized) Universal Talking Machine Mfg Co (Zono) in Sept 1903, but not from Seaman himself. The 135k was paid out in 12 installments to G&T. Seaman would later re-appear to handle some of Edison's phono advertising in the 1920s. Allen www.phonobooks.com
