Clearly the insert glue has separated from the bindings. A renewal spread of glue will restore the book to its traditional condition. Clearly from a member with the Lodge no. noted within. The pages themselves are still in very good condition. A few pages were folded to presumably allow for learning. These were easily returned to their corrective position and as such, presents a lovely book that holds a touching value of historical connection to fellow members. I think this type of book should be handed from member to member and this presents an opportunity to retain that tradition.