--- /dev/null	Thu Jan 01 00:00:00 1970 +0000
+++ b/ED/README.md	Mon Dec 15 01:12:09 2014 -0500
@@ -0,0 +1,11 @@
+# Editor's Drafts
+
+Time-stamped editors drafts go in this directory. 
+
+To create a time-stamped editor's draft:
+
+1. Generate a static HTML file using ReSpec (CTRL-ALT-SHIFT-S).
+2. Create a directory in this directory in the following format: YYYY-MM-DD
+3. Place the static HTML file, naming it index.html, in the directory you
+   created in the previous step.
+

--- a/README.md	Mon Dec 15 01:02:49 2014 -0500
+++ b/README.md	Mon Dec 15 01:12:09 2014 -0500
@@ -11,3 +11,14 @@
 for greater uptake and wider use of Web Payments through the identification of 
 standardization needs to increase interoperability between the different 
 stakeholders and the different payment methods.
+
+# Repository Layout
+
+The purpose of the directories in this repository are explained below:
+
+* latest - this is where the bleeding edge (aka latest) Editor's drafts are 
+           kept.
+* ED - The latest time-stamped Editor's drafts are placed here.
+* WD - The latest time-stamped Working Drafts are placed here.
+
+

--- /dev/null	Thu Jan 01 00:00:00 1970 +0000
+++ b/WD/README.md	Mon Dec 15 01:12:09 2014 -0500
@@ -0,0 +1,14 @@
+# Web Payments IG Working Drafts
+
+Time-stamped working drafts go in this directory. Do not create a file
+in this directory until there is consensus to publish a time-stamped
+IG Working Draft. You will know when that happens because the Chairs will
+explicitly ask you to do so.
+
+To create a time-stamped working draft:
+
+1. Generate a static HTML file using ReSpec (CTRL-ALT-SHIFT-S).
+2. Create a directory in this directory in the following format: YYYY-MM-DD
+3. Place the static HTML file, naming it index.html, in the directory you
+   created in the previous step.
+