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CHAPTER

Part V-Shaping up the Enterprise

XIX EXPERIMENTAL WORK AND MODEL-MAKING

Utility of Experimental Work

Experimental Work and Patent Applications

. Cost of Experimental Work

Paige Typesetting Machine

Dishonest Machinists

Charges for Experimental Work

Experimental Work by Contract

Experimental Work When Funds are Limited

Selection of a Machinist

Scale of Experimental Work

Extravagance in Experimental Work
Edison's Experimental Work
The Liberty Motor

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CHAPTER

Using the Other Man's Lawyer-A Promoter's Contract
Using the Other Man's Lawyer-An Inventor's Contract
When an Attorney Is Not Needed

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Inaccuracies in Value Capitalization

Value as a "Building" Basis

Increasing Capitalization to Attract Capital

Increasing Capitalization to Provide for Contingencies

Sales Requirements as a Basis of Capitalization
Classification of Capitalization

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Capitalization with Promoter's Profits Included

Capitalization for Future Needs

Capitalization with Payment to Promoter Included

Concealing Payments to Promoters

Allocation of Stock Between the Enterprise and Capital

Promoters' Demands

Capitalization as Affected by Method of Financing
Capitalization in Established Lines-a Coal Company
Capitalization of a Contract

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