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80 where [[red underline]] Schleussner, Carveth and Hamman each receive a slice of over $100000 of [[two red exclamation points in right margin]] the profits before stockholder get anything What a company to plunder! if they had access to our 6 million [[strikethrough]] reser [[/strikethrough]] $ invested fund! George Baekeland is nervous and is stubborn for immediate construction of central plant [[/red underline]] notwithstanding the fact that [[red underline]] Perth Amboy is only working at 50% [[/red underline]] of our total requirements; Karpen and Sanford Brown take the same stand Drove Karpen, Schleussner Geo B, Hays & Sanford Brown to Anchorage after meeting was over. Townsend his wife and boy there. George took them all back to Biltmore with Celina and Nina. Cornelia was too tired and [[end page]] [[start page]] 81 stayed here. I [[red underline]] feel extremely tired and disgusted. [[/red underline]] Last night since 2 AM to 7 P.M spent time in reading and preparing comments of [[red underline]] Central Plant [[/red underline]] report. Up till now do not know yet what [[red underline]] offers have been made to Geo B by others to leave Bakelite, [[/red underline]] as I have not been able to talk to him on this subject. Will do so to morrow [[underline]] March 12. [[/underline]] Feel well rested [[red underline]] Geo. B & Hays [[/red underline]] came to see [[strikethrough]] me t [[/strikethrough]] The latter [[red underline]] to talk again over refinancing plan as proposed by Schleussner. Gave him same positive answer [[/red underline]] and willing to form syndicate for taking over their stock but [[red underline]] no changes in bye-laws and no publicity about our affairs which might harm us. They want to get out. [[/red underline]] [[double red underline]] We want to stay in, [[/double red underline]], hence
Transcription Notes:
Dr. Hector R. Carveth was involved with the R&H Co.