June 25th. 1924 Mr. Charles O. Heydt 26 Broadway New York City Dear Mr. Heydt:- I beg to acknowledge receipt of yours of the 24th. with reference to the committee arrangement regarding the Automobile Road, which I have treated as confidential. After giving the matter some considera- tion, I interviewed Mr. Dow, without divulging the con- tents of your letter. I explained to him that Mr. Dorr's assent to the proposed change should be made in writing, because of the distinct understanding that we all have, that all oral statements should be confirmed in writing. And further that it should not be in the form of an assent, but as a suggestion as coming from Mr. Dorr. I had your draft rewritten and submitted it to Mr. Dow, as a suggestion fom me, but stating to him that you had written me suggesting some confirmation. Mr. Dow agreed with me that the best thing to do would be to discuss the matter with Mr. Dorr before replying to you. This ₫ did and submitted my draft of the suggested letter. Mr. Dorr at once fell in with the arrangement, but making some slight Mr. C.O.H. -2 25/6/24 changes in the letter, adding a new paragraph and stating that he understood the plan did not take the control of the road building out of his hands. I am enclosing the letter duly signed, which I hope will meet with your approval. Very truly yours, 18 Commonwealth Avenue, Boston February 25th, 1910. L. B. Deasy, Esq., Bar Harbor, Maine. My dear Mr Deasy, I am coming down on Sunday night and will come to see you Monday morning, when I will sign before you as notary the Green Mountain Carriage Road corporation return, the similar return of the Mt Desert Nurseries, and the Transit Company return. And I will then make payment for and take title to the two tracts of land I am acquiring from the Rodick Reality Company for the Reservations. I shall be glad if you can also tell me then what the powers of the Trustees of Public Reservations are with regard to selling land which they acquire, the matter of which I talked with you when last at Bar Harbor. The question of in whose name I shall take title to Mr Roberts' land depends on this. Yours truly, G.B. Dass Feb. 18, 1910. George B. Dorr, Esq., 18 Commonwealth Ave., Boston, Mass. Dear Mr. Dorr: We enclose herewith articles of association and also a memorandum showing things to be done to complete the organization. As above stated the law contemplates that at the meeting for organization a majority of the signers shall be present in person. The meeting of organization of course has to be held within the state. Where it is inconvenient for a, majority of the parties interested in the corporation to be present it is quite common to join others residing in the state for the purposes of organization altho such persons so joined may later take only a nominal amount of stock of even no stock. Yours very truly, At the meeting for organization a majority of the signers should be present in person and the following action should be taken: 1. Vote to organize and that the purposes of the corporation shall be as set forth in the articles of association. 2. Adopt a corporate name. Sieur de monts 3. Fix the amount of the capital stock and divide it into shares. A 150,000. 100. each 4. Authorize subscriptions for stock. 5. Adopt by-laws which should cover the following points: I. Number, power and tenure of office of directors. II. Officers. Power and tenure of office. III. Annual and special meetings of corporation. IV. Regular and special meetings of directors. V. Quorum of stockholders and directors. VI. Method of amending by-laws. VII. Seal. VIII. Filling of vacancies. IX. Method of executing stock certificates, contracts and deeds After adoption of by-laws directors and officers should be elected, certificate of organization prepared and signed by presi- dent, treasurer and majority of directors. This certificate has to be approved by the Attorney General and filed and recorded with the Register of Deeds and Secretary of State. Incorporation tax has to be paid which is fifty dollars where ähe capital exceeds ten thousand dollars and does not exceed five hundred thousand dollars. Besides the incorporation tax which is paid once for all, there is an annual franchise tax of five dollars per year where the capital does not exceed fifty thousand dollars. Articles of Association. We the undersigned hereby associate ourselves together for the formation of a corporation under the Laws of the State of Maine for the following purposes: To acquire by purchase or otherwise, and hold, improve, develop lease and sell real property in the State of Maine; to build, own, lease and sell houses and other buildings in said state; also to acquire, own, lease and sell furniture and furnishings for use in connection with such buildings. And we do hereby waive all the requirements of the Statute of Maine as to the notice of first meeting for organization and hereby fix the day of A. D. 1910 at eleven o'clock in the forenoon and the office of Deasy & Lynam, Main Street, Bar Harbor, Maine, as the time and place of such first meeting and further we hereby consent to and ratify the transaction of such business as may come before such meeting or any legal adjournment thereof. A. D. 1910.