Episode 1 of 1

Sale of Patent Rights

When
1899
Where
Selden's residence city, not the documented site of the sale
Part of
Selden sells internal-combustion patent rights to Electric Vehicle Company

George B. Selden sold his patent rights to William C. Whitney in 1899, establishing royalty terms for the Electric Vehicle Company.

Selden sold his patent rights to William C. Whitney, who proposed manufacturing electric-powered taxicabs as the Electric Vehicle Company. The deal included a royalty of US$15 per car with a minimum annual payment of US$5,000.

Sources

  1. George B. Selden Wikipedia, revision of 2026-07-04

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.