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now controls Condensite Co. the latter can no longer object to a license. Arranged to meet Neave and Townsend to morrow at 9 1/2 AM. at the latters office
[[underlined]] Nov. 15 [[/underlined]] Meeting with Townsend and Neave. First met Townsend separately.  [[strikethrough]] Told him [[/strikethrough]] He seems to think a compromise advisable otherwise long drawn out further suits and contestations and possibility of losing an appeal. Explained to him that compromise on license for molding materials or any royalty derived therefrom will be so insignificant as not even to pay for the expense of one of our witnesses. That furthermore it will leave undecided all the other
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105 
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patents Redmanol is infringing, and of the pending action for infringement of the Composite Cardboard paper patent.  That if we give them a license they may afterwards try in court to extend its [[strikethrough]] to comp [[/strikethrough]] scope to Formica etc.  That the business of molding goods is not the one in which they are doing us harm but Formica and transparent and that we simply picked out the case of molding material so as to have [[strikethrough]] our [[/strikethrough]] three of our patents adjudicated That in the past those people have shown no scruples on infringing any of our patents and that they will do likewise in the future