He directly invested $200,000 into American Graphophone, and agreed to purchase 5,000 machines yearly, in return for sales rights to the graphophone (except in Virginia, Delaware, and the District of Columbia).
He directly invested $200,000 into American Graphophone. He directly agreed to purchase 5,000 machines yearly to the graphophone (except in Virginia). This was in return for sales rights. He directly agreed to purchase 5,000 machines yearly to the graphophone (except in Delaware). This was in return for sales rights. He directly agreed to purchase 5,000 machines yearly to the graphophone (except in the District of Columbia). This was in return for sales rights.