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About this time Walden took George Dyott into the organization and it became the Walden-Dyott Co. Incorporators were Henry W. Walden, George M. Dyott and Lee S. Burridge. In December Dyott was flying, passengers were being carried, and training was in progress. The company exhibited a plane at the Aero Show in Grand Central Palace, New York, held December 31, 1910, through January 7, 1911 and offered to train pilots for $150.00, including shop experience.

As a result of further [[strikethrough]] experience and [[/strikethrough]] experimentation while building the Walden-Dyott machines, [[strikethrough]] the [[/strikethrough]] Type-IV [[strikethrough]] model [[/strikethrough]] was brought out. The American-made Hall-Scott 4 cylinder 40 [[strikethrough]] H.P. [[/strikethrough]] h.p., water-cooled engine was used, and ailerons were installed in place of the automatic flaps for lateral control. In the early summer months the Walden-Dyott partnership ended and the company advertising was changed to read "The Walden Co, Factory at Mineola, Long Island, New York. The [[strikethrough]] ONLY [[/strikethrough]] only all-American designed and built monoplanes flying successfully. Training, exhibitions, and flying meets arranged." By this time Walden's flying and his enterprising aviation business made him a sensation at Mineola. His handling of a really small plane was  recognized. After building one plane after another and being ridiculed for departing from the established custom of the biplane, he had finally made good. In June he was elected to the staff of the Aeronautical Society, and his Walden IV became the first American monoplane to be licensed by the [[strikethrough]] FAI [[/strikethrough]] Federation Aeronautique Internationale and the Aero Club of America. That summer he flew cross-country all over that section around Long Island and began to fly some exhibitions. On September 18 and 19, 1911, Walden flew at the Brighton Beach Air Meet along with Claude Grahame-White, Tom Sopwith, George Beatty, Harry Atwood, Eugene Ely, and James V. Martin, where he "stole the show" with his sensational flying that made headline news. This was the start of several weeks of exhibition flying and provided a handsome financial reward. On September 22, 1911, Walden obtained his license, No. 74, at Mineloa, Long

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