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[[image]] KENDALL HOTEL FRAMINGHAM, MASS., is a formality which has to be done before the papers go to the State House for incorporation. For the beginning it is intended to sell up to $10.000. Stock to be issued to Banks + Smith will be $12000 to be issued against labor or any other thing that will legally cover it as soon as you return they are to turn over one third to you. No stock can be issued to you at present. on account of your not being present. I could not get it as your attorney. To keep control when you issue more stock you will have to purchase yourselves. If you cannot understand