Brief for the United States (1914)

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I'Aitr IV. 48 S(>I\'('(1 \ohiiitaril}' or otherwise ; (c) if its charter \nt j'epeah'd. IJ poll I lie f <rni { iHif ion of /lie df/rremefit for aii/j of th( forcf/oiiif/ (uuiscs, all (he ritjlil in fKiloils No8. 12037 (1)1(1 1:^1'J2 shall he reassi(/ii( d lo the PJdison (\). />// I he rot cuts Co. for Hie sum of one dolhir. (Tar. If).) This clause is of special significance. If the court shall direct the dissolution of the combination, the patents revert to the Edison Co. by virtue of this provision. The preliminary agreement of the Biograph Co. with the Patents Co. is identical with that executed by the Edison Co., except that it provides for the assignment of other patents, namely, the Latham loop patent, the Pross shutter patent and the Biograph fi'iction-feed camera patent, all later described (infra, pp. 83-85) . This agreement, like the Edison agreement, stipulates that upon its termination the Patents Co. shall reassign the patents to the Biograpli Co. (Ex. 1, Ans. of Biograph Co.) The Armat agreement is similar except that the Armat Co. receives no stock in the Patents Co. as a consideration for the transfer of its xDatents. Like the others, it contains a provision for the continuance of the arrangement beyond 1914, and for a reassigyiment of the patents by the Patents Co. to the Armat Co. if the agreement he terminated for any of the reasons above stated. (Ex. 1, Ans. of Armat Co.)