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142 Molding mixtures 20% less in lbs Transparent ⅓ in Dollars of 1926 Cement is somewhat higher in lbs and in Dollars I calculated as follows. 6000 shares of R&H are entitled to cash invested $1,000,000{ surplus If at 500$ they cost me $3 000 000 it means really 1 000 000 ----------- real cash needed $2,000,000 If I buy 1500 shares from R&H and have my friends ^[[(friends)]] with me this means 12000 + 2000 + 1500 [[strikethrough]] 0 [[/strikethrough]] = [[strikethrough]] 135000 to vote for me 155 L [[/strikethrough]] 12000 myself 3000 friends 1500 Purchased R&H ------ 16500 = 4 3/24 votes out of 6. 12000 myself 3500 my friends 1500 purchased from R&H ------ 17000 gives 4 6/24 votes out of 6 12000 myself 3500 my friends 2500 R&H ------ 18000 in all = 4 12/24 [[end page]] [[start page]] 143 [[left margin]] See following page. [[/left margin]] If I buy 3000 R&H then = 12000 myself 3500 my friends 3000 R&H ------ 18500 = [[strikethrough]] 4 23/24 [[/strikethrough]] 4 15/24 so [[underline]] 3000 RH purchase, with the help of my friends, would give me 5 directors [[/underline]] If I have 4001 shares in addition to my 12000 + 6000 = 18000 shares purchased [[underline]] I can appoint 6 directors thus insuring majority vote for all minor questions [[/underline]] Yesterday and today were two very busy hectic days. Today hardly a few minutes to swallow a biscuit or two with some stuffing. Yet [[underline]] I feel I can better concentrate my attention on these pending matters while I am here alone on my boat [[/underline]]