Episode 3 of 4
Patent Assignment and Payment
- When
- 1846
- Where
- United Kingdom
The company paid £120,000 for Cooke and Wheatstone's earlier patents, with Wheatstone retaining a mileage royalty.
An arrangement in 1843 assigned several patents to Cooke, reserving a mileage royalty for Wheatstone. In 1846, the Electric Telegraph Company was formed in conjunction with Cooke, paying £120,000 for the earlier patents. This financial arrangement secured the company's technological foundation.
Sources
- William Fothergill Cooke Wikipedia, revision of 2026-08-29
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.