August 13 Wednesday – In New York on this date, Sam signed a new contract drawn up by James W. Paige, who sold all rights in his typesetter for $250,000. Sam was to pay Paige this amount within six months, which put him behind the gun to acquire major financing [MTHL 3: 571].
At the Murray Hill Hotel, Sam wrote again to Franklin G. Whitmore, who was vacationing at Montewest House in Branford, Conn.