Abstract: A combination portable book carrying device and bookstand for supporting a book in an inclined readable position. The bookstand comprises an "L"-shaped base having a back support panel portion and a bottom support panel portion. At least two expandable arms are each positioned on a respective side of the back support panel and slidably supported relative thereto. Each arm is substantially "U"-shaped and comprises a rear portion being slidably positionable relative to the back support panel portion. A lateral portion depends from a back end thereof to the rear portion. An inwardly extending front portion depends from the front end of the lateral portions so as to accommodate a portion of the book within each arm. A bracket is pivotally connected to the back support panel portion for supporting a book at the desired reading angle such that the book may be closed and supported in such a closed position in the device.