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Land & buildings =       90000
(20 acres)
Equipment & machinery = 190000
Mdse                     60000
cash                     20000
accounts receivable      25000
                       --------
                        385000

Accounts payable         20000
Notes & loans           100000
                       --------
                        120000
There are 3300 shares issued, of which Seabury has about 2/3. [[black underline]] All [[/black underline]] the shares were offered to Westinghouse at $60 a share, or $198000
[[strikethrough]] May 12. Here all day except evening. Wrote special delivery letter [[/strikethrough]]
Telephone to office and Schleussner about pending matters also told Schleussner that I was
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taking up a matter with Redmand before submitting to him as I wanted first opinion of Karpen before going any further
[[vertical annotation in left margin]] This evening went to Chemists club meeting to hear Dow & Dr. Browne excellent. [[/vertical annotation]]
May 13. This afternoon went to hear Russian Opera Demon, played by exiled Court Opera [[/strikethrough]] troubl [[/strikethrough]] troupe. Rather different from ordinary performances.
May 14 (Sunday). Here all day all alone. Beautiful weather. Afternoon went to visit George Roll's [[red underline]] mother at [[/red underline]] his new house
May 15 Here all morning. Afternoon spent a few hours on Ion where Lewis is painting.
May 16. Went to City College to meet Coates and Gibson. They are performing another laboratory test of Baskerville process. Gibson very reasonable and