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TH E M I MUTE:? OF THE M:EB TING OF JiU L Y 25, 1951 WERE DULY
APPROVED!
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WERE DULY APPROVED S
$ 25,000.001 Co N T R I BUT mnopq rstuvwxyuwst z{| }~
(TO BE ALLOCATED BY THE TREASURER AMONG VARIOUS
22,226 ..8,9; 45,726,12:
4,585.64:
BLANCHES AND SUBSIDIARIES OF THE COMPANY)
5 5 5 5 5 5 ( 5 5 5 ( 5 5 5 5 %8 B E!D!5 AE Equipme n t . Me t 5 l Div is io n , e r t h Am( o y , N. J.
175,000.00:
G5 r ,o id S5 l e s Div is io n
l o 5 n t o So u t h e r n Al k 5 l i Co r o r 5 t io n , in c o n n e c
t io n WITH THE CONSTUCTION OF A LANT FO THE
MANUFACTURE OF ri H Y D R 0 T A N S 13 TO BE SULIED TO
t h e B5 r o id S5 l e s Div is io n 5 s
e r 5 g r e e me n t s u (
mit t e d 5 t t h is Ex e c u t iv e Co mmit t e e me e t in g .
21,961.92:
Tw e l v e 1951 Ch e v r o l e t Tu d o r Se d 5 n s , Ho u s t o n ,Te x 5 s
(Eme r g e n c y 5
r ov5 l
r e v io u s g r 5 n t e d , Se t e m( e r
13,410.74:
10, 1951).
Se v e n 195.1 Do d g e Co u e s , Ho u s t o n , Te x 5 s
(Eme r g e n c y
3,81 7,.64:
APPROVAL PREVIOUSLY GRANTED, SEPTEMBER 10, 1951).
Two 1951 Do d g e Co u e s , Ho u s t o n , Te x 5 s .
2,ooo.33: 5,269.49:
Th e C5 n 5 d a M e t 5 l C o .__Limit e d
"As h l 5 t in g . o f
o 5 d 5 n d ' Y5 r d , Mo n t r e 5 l , C5 n 5 d 5 .
# Ov e r e x .,
u r c h 5 s e o f L5 k e s h o r e Die C5 s t in g s
l 5 nt
1,500.00:
O5 k v il l e , On t 5 r io , C5 n 5 d 5 .
# $$u r c h 5 s e o f C5 ( l e St r i e r , Fo u n d r y Div is io n ,
2,534.99:
To r o n t o , C5 n 5 d 5 .
Ov e r e x ., L o -3 w i n g
&Im Au t o m5 t ic
L5 t h e , To r o n t o ,
5,925.00: 4,315.00 s'
C5 n 5 d 5 .
'u r c h 5 s e ' (r o o s e d
o f Fo r k Tr u c k , To r o n t o , C5 n 5 d 5 .
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e l 5 c e me n t , To r o n t o ,
C5 n 5 d 5 .
14,500,00r 5 , j 45 9B i
Ch ic 5 g o Br 5 n c h ;
In s t 5 l l 5 t io n o f 42n Bl 5 s t Fu r n 5 c e ,
15 h e r i c 5 n Le 5 d
l 5 n t , ! n d i 5 s 5 o u s , In d i5 n 5 .
Cl e v e l 5 n d Sr 5 n -c h :
2 3 4e 5 ir s t o ir2 r e s s ,
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8,44 9.5.a; 5,Q20.00 1,46? .22?
2 s 740.00! Mif M I 32,978 75 J
4 I ,78.36:
9,296.3 1i 4,580 .QQ:
2,277.87:
2,24400: 6-09.01:
i ,622.43: 2,600.00: 5,300.00: 1 ,727.6! :
17,!99.60J 17,664.60;
7,320.00:
2,263,.00:
i 6 , 222.0 0:
De Lo r e 0iVISIONS
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Or e g o n . M5 g n u s , -ijlfe t 5 l Div is io n l
Sh 5 k e -Ou t 5 n d S5 n d Co n d it io n e r ,
Sir1 L o*b ii s, Mis s o u r i.
M5 s t e r 'Me t 5 l s In c .: Tw o 60 To n Ke t t l e s , Cl e v e l 5 n d ,
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5 n d I ms t 5 l l 5 Ame r ic 5 .
i951 Ch e v r o l e t De l u x e Tu d o r Se d 5 n , S5 n Jo s e , C5 l if TM
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J GOv e r e x ., Se mi-Wo r k s
l 5 n t f o r Be n t o n e s , St , Lo u is
Le 5 d & Oil Wo r k s , St . Lo u is , Mis s o u r i.
K L Me 5 ir s t o
o o f o n W5 r e h o u s e , St . Lo u is Le 5 o & Oil
Wo r k s , St . Lo u is , Mis s o u r i.
N OOv e r e x ., Ad d it io n 5 l Eq u i me n t f o r Au x il i5 r y Lin e ,
PSt e e l
5 c k 5 g e Wo r k s , Gr 5 n it e Ci t y , Il l in o is ,
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l y mo u t h Fo u r Do o r Se d 5 n , St e e l
5 c k 5 g e Wo r k s ,
Gr 5 n it e Cit y , Il l in o is , Co v e r Lin in g M5 c h in e , St e e l
S5 c k 5 g e Wo r k s , Gr 5 n it e
Cit y , Il l i n o i s .
/u r c h 5 s e o f G5 n g Sl it t e r , St e e l
R5 c k 5 g e Wo r k s ,
Gr 5 n it e Cit y , Il l in o is .
So u t h w e s t e r n Br 5 n c h ;
1951 Ch e v r o l e t Se d 5 n , D5 l l 5 s ,
Te x 5 s ,"
Th e Ch 5 s , F5 y l o r 's So n s Co .
T Ue ( u il d fi.o. 5 Kil n , Ke n t u c k y l 5 n t .
V We ( u il d 6 o. 3 Kil n , Ke n t u c k y l 5 n t .
Tit 5 n iu m Al l o y M f g . Div is io n ;
/u r c h 5 s e o f Fo w l e r
S Xr o e r t y , J5 c k s o n v il l e , Fl o r id 5 .
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0000-NLI-000039121
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Wit h r e f e &Nc e t o C & R Mq. J*-3Q83 (7685) o f t h e Tit 5 n iu m
Diy is io n j S5 y r e v il l e wl 5 n t , c o v e r in g t h e xe yl 5 c e me n t o f No . I zl 5 n t
We l l &t - O5 k : St r e e t , t h e Co mmit t e e 5 u t h o r iz e d u s in g $1,500.00 o f t h e
AMOUNT ($66,913.00) THE{EIN A||}O|}IATED ON JULY 25, 1951, FO~ THE PURCHASE OF APPROXIMATELY *408 ACRES OF LAND FOR ACCESS TO NEW WELL,
IN LIEU OF OBTAINING EASEMENTS FOR SLOPE RIGHTS OR CONSTRUCTING
RETAINING WALLS TO PREVENT SLOPE ENCROACHMENT,
Th e Co mmit t e e c o n f ir me d t h e u r c h 5 s e o f $1,000,000 f 5 c e
v 5 l u e , U *. 3. Tr e 5 s u r y : LIKE PRINCIPAL AMOUNT
Bi l l s , f o r 5 e r io d o f n in e t y OF U. 3,'TREASURY BILLS WHICH
d 5 y s , r e l 5 c in g MATURED AUGUST
9, 1951, 5 n d t h e Co mmit t e e 5 l s o c o n f ir me d t h e u r c h 5 s e o f $3,000,000 FACE VALUE, U. S. TREASURY SlLLS, FOR A PERIOD OF NINETY DAYS, PUR
CHASED o n Au g u s t 9, 1951. Th e Co mmit t e e c o n f ir me d t h e u r c h 5 s e o f $ 1 ,500,000 f 5 c e
v 5 l u e , U. 8. Tr e 5 s u r y Bml l s f o r 5 e r io d o f n in e t y d 5 y s , r e l 5 c in g LIKE .INCIAL'AMDUNT OF U, 3. TEASUY BILLS WHICH MATUED AUGUST 16, 1951.
Th e Co mmit t e e c o n f ir me d t h e u r c h 5 s e o f $1,250,000 f 5 c e v 5 l u e , U. o. Tr e 5 s u r y Bil l s f o r 5 e r io d o f n in e t y d 5 y s , r e l 5 c in g l ik e r in c i5 l 5 mo u n t o f U 8 Tr e 5 s u r y Bil l s w h ic h m5 t u r e d Au g u s t
23, 195i e
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'W^buti, U. d^
`8tb,LrS FOR ,A- PERIOD Of NINETY DA^j EPLACING
X. irKE1 (PfR>l N0'| PJ\| J5 mCu Wt ' "OF U , 3% TREASURY BILLS WHICH HtfURE{) AUGUST
TT-
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Bo n d s , d u e Se t e m( e r
15, i95 9-56 i m t h e r in c i 5 l 5 mo u n t o f $70,000.00-
AT 101 5/32NDS FOR REGISTRATION IN THE NAME OF CHAIR M:rAtftHj ,MO R; KiM: W 1 S / "
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SHARE OF THE TITANIUM PIGMENT EXPORT CORPORATION. '
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-Cit y o f sy' Th is
St . Lo u is ,
r o v id in g , in t er
Co m 5 n y t o t h e s 5 id Cit y o f
5 i u , f 5 q ?i? t h e 5 y me n t o f $25,000.00 St . Lo u t s f o r t h e u r o s e o f c o n
t r i(u t in g
t o t he cost
5 n d e x e n s e o f
r e 5 ir in g
d 5 m5 g e t o
5 po r t io n o f
t h e Riv e r De s Pe r e s d r 5 in 5 g e w o r k s 5 n d r e p 5 ir in g 5 c 5 v e d -in p o r t io n
OF THE SOUTH BANK OF SAID RlVER DES PERES, AND ALSO PROVIDING FOR
THE EXCHANGE OF MUTUAL RELEASES AS IN SAID AGREEMENT PROVIDED.
Up o n mo t io n d u l y h 5 d e 5 n d s e c o n d e d , t h e f o l l o w in g r e s o l u t io n W AS u n 5 n imo u s l y 5 d o p t e d :
RESOLVED, Th 5 t t h e 5 c t io n o f H. T, W5 r s h o w , Vic e Pr e s id e n t 5 n d Jo s e p h Jl Mo r s m 5 n , Jr ., 5 s s is t 5 n t Tr e 5 s u r e r , in m5 k in g , e x e c u t in g 5 n d d e l iv e r in g in t h e NAME OF AND ON -BEHALF OF THIS COMPANY THAT CERTAIN LEASE AGREEMENT DATED rtUGUST 27, 1951, LEASING TO ALFRED pi. O( EWES
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% RES'Ol Vc O^ Th 5 t t h e 5 c t i o n o f H. T e Mi5 k s h q ;|^ V. I C E A R'E S J Q N T AND THOMAS F OWENS* ASSISTANT SEC R 6T 4'fe Y
s' ,; EXEC U T j'-N`G AND 0 E LA8V E RJ MG IN TH^ NAME OF AD ' UNJER THE SEAL*5' QF^lfH ll is C.OMPAMY THAT C E RT Afl (i >A G f? E E PI E K T
oVrjkB', A;UGU sT , 195 1 ( e t w e e n n 5 t io n 5 l Le 5 d Co mp 5 n y , ^TLrejTEVy 'twtEM S't e e l So w o mt i o n -5 pro TTt 5 n iu m Me t 5 l s
Co 'r PO'R'AT 1 ON OF A'KER'lOft. P'RO V 1 D I NG , INTER ALIA, FOR THE G A-NCELLAT ! OJI'W _ THE PREVIOUS h G-R EtHENT BETWEEN SAID PARTIES DATED ` JAHU ARY 16, I960 A.NO SETTING FORTH THE REVISED OBLIGATIONS OF.THE RESPECTIVE PARTIES WITH RESPECT TO THE PRODUCTION AND SALE OF' TITANIUM METAL PRODUCTSj BE AND THE SAME HEREBY IS AMD SAID A GR E E N Ei T IS APPROVED, RATIFIED AND CONFIRMED,,
RESOLVED, Th 5 t t h e 5 c t io n o f H. T. W5 r s h o w , ... V-1 C, PRESIDENT A A' 0 'k'L F f? b H, Dr 'SWES, ASSISTANT SECRETARY 1 ,1 MAKING, EXECUTING AND DELIVERING IN THE NAME OF AMO u n o e R t h e s e 5 l o f t h is Co mp 5 n y t h 5 t c e r t 5 in in s t r u me n t d 5 t e d Se p t e m( e r 7, 1951, p r o v id in g , in t e r 5 l i5 , f o r t h e IiYD EMU 4 F I C AT I ON OF THE UNITED STATES OF AMERICA, IN THE' IVEST. T AT TrTANIUM HE'TALS C 0 R-P 0 R A T I 0 M OF AMERICA SHALL EXPEND ANY FUN.DS CONTRARY TO THE TERMS OF f HE CERTAIN Le t t e r Ag r e e me n t d 5 t e d Ju l y 25, [951, 5 n d 5 c c e p t e d Au g u s t }, 1951, BETWEEN THE UNITED STATES OF A HER t-CA, ACTING THROUGH THE ADMINISTRATOR OF GENERAL SERVICES, AND Tit 5 iu m Me t 5 l s Co r p o r 5 t io n o f Ame r ic 5 , ( e 5 n d t h e s 5 me IS AND SAID INSTRUMENT IS APPROVED, RATIFIED AND CONFIRMED,
WHEREAS, THE UNITED St 5 t e s Dis t r ic t Co u r t f o r t h e So u t h e r n
Dis t r ic t o f Ne w Yo r k , ( y o r d e r d 5 t e d Au g u s t 2!, 1951, 5 p p r o v e d 5
p l 5 n s u ( mit t e d ( y t h is Co mp 5 n y in it s p e t it io n t o s 5 id Co u r t d 5 t e d
Ju l y 12, 1951 w it h , r e s p e c t t o (5 } t h e 5 c q u is it io n ( y t h is Co mp 5 n y
OR
STS SUBSIDIARY, TlTAK COMPNY,
INC.,
ylOF THE 5 0
INTEREST OWNED BY
i ,, Q. F ARBE.N INDUSTRIE AKT I ESfiESELLSCH AFT IN T I T
C H AF i
0000-NLI-000039124
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1 L*flj i I ti? s T^ Kk; fif'SP OR*T AT 1 OK j WELFARE FS.CILITl'ES ft-NO SERVICES,1
MSIQNSj LADBOR A-T CRY FACILITIES AND SALES A;R RANGE M ENT S.J
iMOW,, THEREFORE, 3E I f
REoOLVEO, Th 5 t t h e p r o p e r o f f ic e r s o f t h is
> , vOMPAMY -BE AND THEY HEREBY ARE AUTHORIZED AND DIRECTED;
' t o " PURCHASE IN THE NAME OF THIS CO.MPASY OR ITS NOMINEE
F 0,R A suti N,0 T IN EXCESS OF DH i 5 ,|75 0 i 0 0 0 3 THE ENTIRE
INTEREST: 05F l. G. F AR BEN I KD U STR 1 E A KT I ENGESELLSO'H AFT
IN' Ti t An 'g e We l l s c h 5 f t ,,
s u c h - INTEREST ( e i 'n e UNDER
STOOD TO' B'E 30,/o OF THE! CAPITAL OF ,T I T^N SESELLSC H AFT , M B . H .
TO ACQUIRE BY PURCHASE, ',L'E AS.E* OR OTHERWISE SUGH LAND AND
BU ILD,S AIDS AS pi AY BE REQUIRED OR1 DESIRABLE IN C'ONNEGTION WITH- THE OPERATION' OF THE PLANT OF SAID f 1 T A N ,& SjE L L S C H A F T 3
,, H , B . H , j - Tp NEGOTIATE AND' EXECUTE ALL PROPER AND >A P P"R O P R I ATE
CONTRACTS WITH RESPECT1 V 0 'f? ArW MATERIALS, UTILITI'ES, TRANS
PORTATION, WELFAR'E FACILITIES AND SERVICES, -PENSIONS,
LABORATORY FACILITIES AMD SALES ARRANGEMENTS, AND GEN
ERALLY TO TAKE AL\ `.NECESSARY OR PROPER STEPS TO EFFECTUATE
THE INTENT AND PURPOSES OF THIS RESOLUTION.
Up o n mo t t o n , t h e me e t in s t h e n 5 d o o u r n e (
0000-NLI-000039125