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Correspondence from Aleister Crowley to Karl Germer
[EXTRACT]
[18 July 1928]
[Crowley's outline for a publishing syndicate.]
1. I have at last adequate arrangements to meet current expenses till the end of the year by means of a regular allowance. This will leave me free from anxiety, and able to attend to my real work. This will relieve you from all further responsibility for that period. All sums that you can spare should be sent to Mr. Yorke [Gerald Yorke], to replace the publication fund which has been raided for the above purpose. You need not incur the expense of cabling; bank draft will serve.
2. We are engaged in forming a syndicate (or limited company) to exploit my works, both sacred and profane. You and others who have contributed to keep things going during this period will receive stock in the company for the amount. Please inform Mr. Yorke exactly how much you have advanced. I wish to include all you have spent since we first corresponded.
3. The details of the scheme may be outlined thus. (a) Capital—$50,000—proposed syndicate or limited company of five people with $10,000 each. You might get C. E. [Cora Eaton] to promise to invest $10,000 in the company provided that the other $40,000 is subscribed elsewhere. On the other hand, pending the actual formation of the company, we should like the loan of $10,000 from C. E. or elsewhere.
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