March 29, 1889

William Steinway’s diary: “In forenoon receive cablegram from A. v. Holwede at Braunschweig “Cannot take shares along Koch Reidemeister say Will is not legal in Germany letters follow left for Hamburg” My many years anticipation of trouble have therefore proved correct, as to the sad consequences of Theodor’s living at Braunschweig.” The cablegram, received by William Steinway, means that his late brother C.F. Theodor’s last will is deemed illegal in Braunschweig. As a result, the Braunschweig government freezes C.F. Theodor Steinweg’s 26.7% interest in Steinway & Sons. There’s a very real threat that Steinway & Sons may acquire some uninvited partners, who may inherit or purchase C.F. Theodor Steinweg’s shares.