February 6, 1886 Saturday
February 6 Saturday – Sam signed a contract with James Paige, agreeing to pay him $7,000 annual salary, and undertake up to $30,000 in improvements to the typesetter, with no overall ceiling on his investment responsibilities. He was also obligated to raise capital for the machine and to promote it upon completion. In exchange, Sam would gain a larger share of the profits. Hamersley, for money already invested and for legal advice, was let in for ten per cent. Powers writes: