(Q) Will it be satisfactory, sound and successful for the
[
1266] Rubber Co. to proceed with E. H. Rollins & Son of N.Y.
for a capital reorganization financing on an equity basis;
or should the financing be done on a debt basis through
insurance company?
(A) As we find, if those policies are adhered to which have
been indicated in connection with this organization, and
there is still retained in the [
1266] organization sufficient
of the stock or holdings to control, on the first basis -
rather than the debt basis - would be the preferable manner.
While as we find there are those conditions, as in connection
with Rollins & Son, that may not altogether be in keeping
with the policies of the entity, as we find these will be
WELL FOR those in that organization.
Hence we would find that would be the better plan.
(Q) Would it be wise and profitable for me to engage in
purchasing [
1266] stock as a method of liquidating my
obligations and for the care of my family?
(A) If this reorganization is perfected and if it is done
upon the plan as just indicated, would be most advisable.
(Q) Is Lloyd S. Carter to be trusted in this respect?
(A) To be trusted.
(Q) Is it wise at present to seek to sell the Midland
Continental Railroad, or should I await a more propitious
time?
(A) As we find, any time after the fifteenth or eighteenth
of March this year will be very well to begin negotiations;
though it may require several months for a consummation -
but many attitudes are being cleared in that direction.
(Q) Have you any other advice to give me at this time?
(A) Much might be given. Best apply step by step that
indicated, and as is made aware in the consciousness of
self and its dealings with problems at this time.
Then, again and again, weigh them well. And know, as has
been given, it is well, - thou art accomplishing much.
We are through for the present.
Copy to Self
Copy to Ass'n file
BACKGROUND
See previous readings.
1/29/39 He left these questions for a reading when he visited
EC and obtained
1151-21.
REPORTS
3/23/39 See
1797-2, Par. 29-A--32-A, 37-A; in re Mr. [
1151].
6/15/39 See
1908-1, Par. R1, question about past associations
with Mr. [
1151].
7/09/39 See
1151-23.



Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation