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of [[red underline]] Pantone. [[/red underline]] following should be chosen.
Geo Baekeland,  H. Swan
    President     V. President
Holmgren Sec. & treasurer
Alan Brown, Sanford Brown, Dear and Trist.  =  I [[red underline]] do not desire to be a director, [[/red underline]] but want [[red underline]] Geo B to be president [[/red underline]] so as to leave more direct contact with Bakelite Corporation which assumes all risks in this uncertain enterprise where we have not yet reached the point where we can sollicit business until process is further protected. - We have already paid $100000 to Trist and $30000 to Dear and spent $70000 on experiments and are [[red underline]] pledged [[/red underline]] to spend [[red underline]] $300000 [[/red underline]] within the next 3 years. We must be equipped with a directorate that can act quickly at all times and where interests of Bakelite Corporation can be safeguarded. - Geo B altho' overburdened with responsibilities takes ^[[much]] interest
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in the subject and promises to [[strikethrough]] go [[/strikethrough]] ^[[spend]] one or two days weekly at Bloomfield for this purpose.
[[underline]] Sept 24. [[/underline]]  [[red underline]] Mills [[/red underline]] is back here since quite a while and knew since many months that we did not intend to renew his post in Europe, yet has thus far not been given his 4 months notice of cessation of contract and is all the time drawing his larger salary.
Incorporation meeting and 1st Directors meeting of Pantone:  Dear there. [[red underline]] Trist is in London. [[/red underline]] Mere formality.
[[underline]] Sept 25. [[/underline]]  Cold day so was yesterday.
[[underline]] Sept 26. [[/underline]]  [[strikethrough]] Bright and sunny but [[/strikethrough]] ^[[Rainey &]] cold. Open fire burning. [[strikethrough]] Sept 2 [[/strikethrough]]
[[underline]] Sept 27. [[/underline]] (Sunday). Bright but cool Hays visited here at noon, with Mrs Hays while on their way to the Rolls.
[[left margin]] [[underline]] Sept 28. [[/underline]] Conference about patent suit against [[red underline]] Durez,[[/red underline]] - in regard to Lime patent. Barns George B and [[strikethrough]] Geo [[/strikethrough]] Redman present. [[/left margin]]
[[underline]] Sept 28. [[/underline]]  All day at office various matters.  
[[strikethrough]] Sept 29 [[/strikethrough]] Tried to disentangle [[red underline]] French situation - See no end to it and [[/red underline]] feel much disgusted by situation created [[red underline]] by that stupid letter-contract [[/red underline]]