Made Him Nervous

Schwartz, W. B. - 1899-07-22MADE HIM NERVOUS

INDIANAPOLIS, July 21. – After exhausting his means in perfecting a visible line typewriter, W. B. Schwartz, an attorney of this city, yesterday called at a bank with a representative of the eastern typewriting machine combination and received $50,000 for his patent. Mr. Schwartz was so nervous when this fortune was shoved at him that he counted but little of it, pushing the bunch back and taking a certificate of deposit. He worked on his patent for several years. The sale to the trust was made yesterday. He is also to be paid $3,000 a year royalty.

“Made Him Nervous,” Fort Wayne Daily Journal Gazette (Fort Wayne, Indiana), 22 July 1899, p. 3, col. 4; digital image, Newspaper Archive (http://www.newspaperarchive.com : accessed 7 March 2014).

1 thought on “Made Him Nervous

  1. davidmadison1942

    Oh my goodness, it sounds like the company rep brought the $50,000 in cash. I guess this was before the days of wire transfers.

    Reply

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