Eastern Colorado times. (Cheyenne Wells, Colo.) 1912-1913, 1913-05-02
COLORADO TO GET
FRIEDMANN HOME

NEW YORK, April 26-(New York
Times-Denver Times Special. )--After
long negotiations DIR, Friedrich Franz
Friedman arranged today for tine sale
of the American rights in his turtle tu-
berculosis vaccine for sl25, 900 in cash
and 81, 800, 600 in stock in thirty-six
Friedrich F. Friedman institutes to
be organized in thirty-six selected
states with a total capitalization of
S., 400, 900.
The first payment to DR.. Friedman
on account was made today. 1t con-
sisted of a check for sl25, 900, which
will be all the cash DIR. Friedman
will receive until the fees for the
treatment of patients with his turtle
vaccine begin to come in.
The American concern which will
undertake the marketing of the Fried
mann cure is the Eisner Mendelson
company. Under the terms of the
agreement, this concern is to organize
the thirty-six institutes and retain
SlOO, 900 in treasury stock and turn
over to DR.. Friedman $50, 900 in
stock as his share.
The negotiations for the marketing
of the Friedman vaccine were con-
Quoted in the offices of the law firm of
Leventritt, Cook & Nathan. DR..
Friedman was present when the ne
gotiations terminated.
As DR.. Friedman came out of the
law Offices many questioners sought
to learn from him what the result of
the negotiations had been. He refused
to make any comments, however, mere
ly stating that he would issue a full
explanation of the terms on Monday
morning.
The final form of agreement was ar
rived at, it was learned, after DR.
friedman had overruled his own
lawyer and had taken personal charge
of the negotiations. Until DR.. Fried
mann assumed personal command o
simpler plan was being drawn up.
Under this agreement, which DR..
Friedman vetoed, o single company
was to be formed with capital of
$3.50, 900 and q liberal system for Civ
ing free treatments of the vaccine to
the poor.
Under the revised plan, with its
capitalization of IS, 400, 900, the plan
for giving away free treatment of the
vaccine was abandoned and with it
went all phases of the charitable
feature of the proposed Frederick F.
friedman institutes.
The abandoned plan was brought to
all but completed form on last Sunday
morning, at which time DR.. Fried
mann said finally that it would not
do, and went ahead with the sketch
for syndicate with capital up in the
millions, which was finally accepted.
An effort was made today to learn
just what states were included in the
thirty-six where the institutes were to
be formed. 1t was found that such
states as Vermont and Connecticut,
where there is small number of tub
CIRCULAR people, would be omitted,
while the states to which tuberculosis
patients 20 for out-of-door treatments
such as Arizona, Colorado and Cali
fornia, would be visited first by agents
of the new syndicate.
1t is proposed to establish staff of
doctors in each state where an institute
is organized, with these doctors to ad-
minister the vaccine to all comers who
can pay the scale of fees to be decided
upon and to thereafter keep a careful
account of all cures announced by
patients. .a.
The work of drawing up the incor-
poration papers for the thirty-six in
stitutes will be begun on Monday and
DR.. Friedman will receive his shares
of stock up to the par value of 81 ,sOo.-
900 as soon as the stock books are
ready to open.
PROSPECT HILL.