TALBOT7431

Lincolns Inn ¹
5^th Aug 1857

My dear Sir

At length M^r Loxley ² has broken silence & explained its cause, which has been owing to the dispute of his clients with M^r Dallas ³ now only on the eve of adjustment – the latter withdraws and the property in the Patent ⁴ remains wholly with the former –

In the mean time they have been consulting M^r Hindmarsh ⁵ who has composed a long & elaborate opinion favourable of course to his clients & unfavourable to Your claims – M^r Loxley read me his opinion at the same time stating the wish of his clients to come to an arrangement by taking a license for such part of Your invention ⁶ as may be considered to be Your’s in the use of the bichromate of Potassium with Gelatine – for this they offer to pay £50 per annum so long as they work and in case they should ever work to the extent of a nett profit of £2000 per ann: then the License fees to be doubled –

I have requested him to furnish me with this in writing also an answer seriatim ⁷ to the proposals and a copy of M^r Hindmarsh[’]s opinion which I do not venture to quote from memory for fear of any inexa[c]tness –

It will be better to await the arrival of M^r Loxley’s Letter before You make up Your mind what reception to give to such a proposal – it is something gained to have the principle admitted of compensation –

Some thing was said too about Your joining the Partnership but to this I objected throwing out a probability of Your rending assistance in developing the new art in case satisfactory terms were entered into.

This letter is merely to prepare You for what is coming, in case You should be contemplating a move from hence

believe me to remain My dear Sir Ev Yours faithfully
J. H Bolton