Viewing page 64 of 83

This transcription has been completed. Contact us with corrections.

122
After this all afternoon in session with various professors organic chemistry. [[underline]] Treat Johnson [[/underline]] (Yale), [[underline]] Jones [[/underline]] (Princeton) - [[underline]] Reed Johns Hopkins Bogert [[/underline]] (Columbia) etc [[underline]] discussing relations of Universities and Industries. [[/underline]] 
Then [[strikethrough]] h [[/strikethrough]] supper at University Club [[underline]] Bridges, Peet, Holden. [[/underline]]
Then to meeting of section of ^[[NY]] A.C.S. [[underline]] Dr. Browne reading [[/underline]] a paper on [[underline]] Chemical Agricultural research. [[/underline]]
Home 11. AM.
Dec. 13. Stay home to rest.  [[underline]] Ellwood Hendrich [[/underline]] here this afternoon to [[underline]] try my new wine. [[/underline]]
Dec 14 (Sunday) Home all day
Dec 15. Early to office. Preparing for end-year meeting.  Afternoon [[underline]] lectured in [[/underline]] Columbia
[[end page]]
[[start page]]
123
subject: [[underline]] What is chemical Engineering. [[/underline]] Freas and Hendrich and our whole department there.
[[strikethrough]] Dec. 16. Executive meeting at 10 A.M. [[/strikethrough]]
Explained to [[underline]] Rossi [[/underline]] and [[underline]] Townsend [[/underline]] my absurd situation in the Bakelite Co where at present I have [[underline]] only 2 directors [[/underline]] altho' I own personally over [[underline]] 34% of [[/underline]] the stock, so that [[underline]] Karpen [[/underline]] has [[underline]] 4 directors [[/underline]] [[strikethrough]] and [[/strikethrough]] altho' he has only [[underline]] 25% of stock. [[/underline]] In this way [[strikethrough]] my own [[/strikethrough]] the rule which I introduced for safeguarding the rights of the minority in case a [[underline]] wilful majority [[/underline]] wanted to do unfair things in the shape of salaries or financial policy or issue or change of stock or change of the bylaws would not work in any way as I [[strikethrough]] control only 2 [[/strikethrough]] [[underline]] have only [[/underline]]