Quote Originally Posted by Thurallor View Post
Like I said above, I had to complete today's episodic quest from Thorin, "Loose Tongues in Lake Town". After I turned that in (and only after I turned that in) I was able to grab the first page.
First Page only becomes active once you approach the Old Tome, click it, talk to the dorf, talk to the king - as far as I know. (First Page being the one near the entrance to Erebor, up on a shelf-layer)