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I finally suggested that in as far as we were delayed by not agreeing on the question of eliminating the bonus we might proceed with other matters and Hays submitted to them 2 copies of the new draft of contract for the [[strikethrough]] cre [[/strikethrough]] merger. This was read aloud and commented upon. The objections however were only on relatively minor matters. 
I stated that it was our intention to make a voting trust arrangement among our stockholders to last say for five years until we became better acquainted. That in the Bakelite Co too there was at the beginning some kind of understanding as to election of [[strikethrough]] offic [[/strikethrough]] directors which naturally lapsed and that the whole history of our business had never been
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marred by a single harsh word and that I hope the same spirit might prevail in the merger. That however we had to take our precautions so as to prevent that anybody might attempt to utilize the situation so as to dabble in stocks so as to insure mastership which he might abuse. That they might rest assured that we would not abuse our control. Our whole past record stood there to convince him. Nor that I had any intention of insinuating that Mr. Kaspen might try to play unpleasant tricks. That on the other hand we were disposed to elect Mr. Kirk Brown as president and general manager of the merger and let the company be under his direction as far as the general run of the business was concerned.