Edison Head Resigns
|Edison Head Quits (1912)|
|The New York Times, Page 10, November 18, 1888|
EDISON HEAD RESIGNS
F. L. Dyer Quits Presidency - Inventor May Take It Himself
Special to The New York Times.
WEST ORANGE, N.J., Nov. 17. - As his 66th birthday approaches Thomas A. Edison is credited with contemplating one of the most radical business steps of his quarter century residence here. The assumption of the Presidency of Thomas A. Edison, Inc., and the other companies not yet embraced under that title. The resignation of Frank L. Dyer, now at the head of the allied corporations based on Edison's inventions, has been received and will probably be accepted, as he intends to become President of the Motion Picture Patents Company of New York.
Mr. Dyer was not at his home in Montclair to-day, but it was admitted at his home that he had accepted the new position. There it was understood also that Mr. Edison would be his successor. There was talk in West Orange to the effect that Miller Reese Hutchinson, chief engineer of the Edison plant, would succeed Mr. Dyer, but that could not be confirmed. Mr. Edison himself declined to discuss the situation.
As Mr. Edison is practically the sole owner of all the allied companies, he is able to suit his own fancy as to the naming of a successor. If he chooses to take an active part in the business he is free to do so, to the neglect, however, of his favorite laboratory work. For that reason those who are close to him are of the opinion that he will not become President, but will name someone else.
|This work was published before January 1, 1923 and it is anonymous or pseudonymous due to unknown authorship. It is in the public domain in the United States as well as countries and areas where the copyright terms of anonymous or pseudonymous works are 100 years or less since publication.|