Tesla Electric Company
April, 1887
Tesla was introduced to Alfred S. Brown, director of Western Union, and Charles F. Peck, a New York City attorney, who were sold on his alternating current system after he demonstrated his "Egg of Columbus." Tesla agreed to split his patents on a fifty-fifty basis in exchange for funding. Brown located the laboratory at 89 Liberty St. and the company filed for its first patent by the end of the month.