This psychic reading given by Edgar Cayce at his office, 115 West 35th Street, Virginia Beach, Va., this 28th day of March, 1928, in accordance with request made by Mr. [195] and Mr. [900].
P R E S E N T
Edgar Cayce; Mrs. Cayce, Conductor; Gladys Davis, Steno. Mr. L. B. Cayce and Dr. Thomas B. House.
R E A D I N G
Time of Reading 11:45 A. M. Eastern Standard Time.
1. GC: You will have before you the body and the enquiring mind of [195] of the ... Hotel, New York City, and the association as is being formed for the development of the [4666] Motor, and the marketing thereof. You will answer the questions which I will ask you regarding same.
2. EC: Yes, we have the body, the enquiring mind, [195]. This we have had here before, also those associations as respecting the development, the marketing and the perfecting of the [4666] Motor. Ready for questions.
3. (Q) The following claim for securing a basic patent has been evolved: "Means of generating power within itself by relationship between water or other liquids, and vacuum or contained air or contained gas - or relationship between liquids and other properties with less specific gravity than the liquid." Or, would it be better to say, "Means of generating power within self by a virtue of relationship of liquid to some other substance either uncontained or contained that has the less specific gravity than the liquid." You will correct this in such a way that a basic patent could be secured. Or give a better clause for basic patent on [4666] Motor. (A) That as given in the last presentation would be correct in the way to present same for the basic patent; that is, that means of generating power within self through the relationship of that given between specific gravity of liquid or other chemicals with other materials, with that of water, in or through container, see? or that as last presented would be the proper manner for presentation for basic patent.
In the make-up of the new manner, or the new drum this we find would be the proper proportions for the drum: Eleven inches (11") in diameter, and thirty-four inches (34") in length, with the seven inch (7") eccentric; making the leads in the form of sprangles, and not so much looseness - but sufficient for proper action in cams in end of drum. These
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would be the proper proportions.
The steel drum will be more effective in giving off the proper relationship between the chemicals, vacuum, and the water, and will generate sufficient of the power to show the practicality and the plausibility of the operation.
In considering those who would handle the proposition properly in obtaining the basic patent for the association, we would consider that one FIRST of Henry Rice Bell [BALL?] as being the better, or the proper one to handle this situation; for, while the associations of Bell with others are such that there may be questions, yet IN the ABILITY OF those considered, this one FAR surpasses the others!
4. (Q) Would the proposed set-up for the handling of the [4666] Corporation be the proper way to handle same - 51% of stock to be set aside for promoters - 17% of this 51% to go to [4666] - 34% of the 51% to be divided equally between [195], [900] and [137], who are furnishing the capital and time - the 49% to be sold as promotion and to include that 9% that is to be given to the people in Birmingham who have assisted [4666] so far - each individual sharing in same according to the amount invested. Or should [4666] be given 15% and the 36% be divided between [195], [900] and [137] and [257]? Or, what would be the proper set-up? (A) As has been given, the promoters - or those as are conducting the development and the perfecting of the motor - should retain the 51%, and that [4666] should have at least 15% to 17% of that stock. As given, [257] should not be disregarded in the connection of being one of those IN on the development of this motor, as has been given. Correct, that those who have assisted so far in the development be taken care of in the proportion to the amount invested - as is being sold for the promotion and for the development for the corporation or motor. These should be the proper way to set same up.
As to the divisions that each promoter should have, that would be left with those; yet [4666] should receive that INDIVIDUALLY equal to ANY of those held by other promoters, and promoters should ever retain at least 51% of such stock.
5. We are through.