(Q) From the point of view of financial success, which of
the following persons should be members of the company?
[
39], 117 E 60th St., Laurence B. Emmons, 117 E. 60th St.,
Wm. H. Silk, 146 E. 63rd St., Douglas Maddon, 101 Park Ave.,
Wm. Gleason Adair, 117 E. 60th St.
(A) Why leave ANY of them out! These all present condi-
tions, or those conditions as are necessary with proper
cooperation for the operation of such undertakings as would
be in that organization of Laurence Emmons Company, see?
While some do not cooperate in some respects, yet each - with
the proper incentive, may be made to be helpful to same.
This not exactly in accordance with that as has been given,
but the changes as have come have brought changes for each
associate.
(Q) Will a new company operate better without Laurence B.
Emmons as a member?
(A) We do not find it so.
(Q) Will a new company without L. B. Emmons be able to
transfer the business now being carried out for Fred F.
French Companies?
(A) Do not find it so!
(Q) Will the above company secure a large part of the
furnishings of the new Barbizon-Plaza Hotel on 59th Street,
New York City?
(A) If this is carried out in that manner as has been given
as to how such associations or such relations with such
conditions are to be conducted. This was given in a very
definite way and manner, as to how OTHER contracts were to be
made, see?
(Q) Will you suggest any other person who will be
advantageous as a member of the new company and who will be
interested?
(A) Not at the present. These had better work these
to-gether at the present time.
(Q) What steps should be taken to form a new company and
when should a commencement be made?
(A) At once. Those necessary steps, as is the regular
channel through which such conditions operate. The
agreement, the association, the purpose, the plan, the place
of each individual with such association or corporation.
Then the papers as necessary to make same binding to one and
all alike.
(Q) Where will be the best location for offices?
(A) Very good where it's located! These may be changed to
the West Side - would be possibly more expensive, yet would
also be better in the class or character - but why change
under the present conditions, or until the expansion is of
such nature as would better justify changes?
(Q) How much capital should be subscribed as a firm
foundation?
(A) Sufficient to carry on that that is contemplated.
Needn't to expect to be able to carry on a million dollar
proposition on a five hundred thousand dollar basis, but that
commensurate with that undertaking, or undertaken by the
corporation. No reason why outside assistance in this
direction may not be gained.
(Q) Please give suggestions as to how to handle the break
with the present company in order to leave everyone friendly?
(A) As has been outlined, as to how the formation should be.
This would bring about the proper relations in the purpose,
the reasons for changes and conditions, and proper
presentation of each in his individual sphere and place.
We are through for the present.
BACKGROUND
See Life Rdg.
39-2 and subsequent business rdgs.
7/03/29 Questions submitted - see in reading.
REPORTS
7/17/29 Letter: "Many thanks for reading which arrived
Tuesday. I find it very helpful and enclose check."
GD's memo: Mr. [
39] and wife [
37] corresponded with EC off
and on through the years.