"George W. Goethals & Company, Inc. Managerial Bonus for the ten months ended October 31, 1919", 1927 June 24

File — Box: 9, Folder: 12

Scope and Contents

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Carbon copy of a letter from Lybrand, Ross Bros. & Montgomery, Accountants and Auditors, New York City to James F. Prince, Treasurer of the Wright Aeronautical Corporation dated June 24, 1927. The letter is a “tentative computation of the bonus accruing to George W. Goethals & Company, Inc., for the ten months ended October 31, 1919, under its contract of April 1, 1918 with the Wright-Martin Aircraft Corporation.” The managerial contract was terminated as of November 1, 1919 and a lump sum payment of $75,000 was made pending determination of the actual amount of bonus due which was not done until after settlement of government claims in 1927. The letter contains details about net profit and loss, expenses, and adjustments to earnings including a special reserve and depreciation for the Simplex Auto Division. 11 pages plus cover.

Dates

Creation: 1927 June 24

Creator

From the Collection: Curtiss-Wright Corporation (Organization)

Language of Materials

From the Collection:

All materials are in English.

Conditions Governing Access

This collection is open for research. The bound volumes and some documents may not be photocopied due to condition. Negatives may not be handled; copies and digital versions are available for access. Some oversize items are in need of conservation treatment so access may be limited.

Full Extent

From the Collection: 22.8 Cubic Feet (1 records carton, 11 5-inch legal size document boxes, 22 5-inch letter size document boxes, 1 2-inch letter size document box, 24 letter size expandable folders, 1 oversize box (20x24x3"), 1 oversize box (25x32x3"), 1 oversize box (32x40x3"))