- William Steinway’s diary: “Chas. H. St. writes that H.W.T. St. came in and wanted to look at our inventory book which they refused, that he then transferred 4 shares to his lawyer W.N. Cromwell, which had to be issued to the latter”.
- The transfer of the shares to the lawyer W.N. Cromwell has been necessary so that the lawyer has the legal right to inspect the books. This is the first record pointing at the infamous lawsuit of Henry W.T. Steinway against his uncle William Steinway and Steinway & Sons. Henry W.T. accuses William Steinway of selling piano parts to Hamburg Steinway Pianofarbrik below real prices, and withholding the profit he and C.F. Theodor gained by these means from his nephews, including Henry W.T. (Only later it will be confirmed that Henry W.T. Steinway himself had been responsible for pricing and billing for pianos and parts sent to Hamburg, and was charging the Hamburg plant artificially high prices, pocketing the difference – which is why he had destroyed the calculations he was obligated to submit.)