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(J EXHIBIT
J/WBG-411
Zo.VOUTE CoilPX^Y
Report to the Stockholders for the Six Months Ended September 30,
1962
135 SOUTH LA SALLE ST. CHICAGO 3, ILLINOIS
201131*1
"ZCNOUTI COMPANY NW.L GXACS 1 CO. mhmci4 iNay that a tentative agreement has bean reached i* which W. K. One* 4 Co. will acquire the hwtiiitM and naan a# the Znnolite . Company aa rha baste at is tutissti at aaa * share a# the enmetan stock mi Craca lor four iharas a# tha cemaMe stack a# Zeaatitm. Tha Anal or. ranqement* ora subject W tha approval ai the card at Director* and Stockholders at Zmmmtitm and tha teste at Oiraears at Grace.
"II Is tha iniantioa of both G2ACS and ZCNOUTE
la continue and expand iha Zanalila business under iha tame management and policies alter Iha acquisition takas place.
vl ~W. *. Grace 4 Co. is a leadinq producer of ___ .chemicals. and is engaged in banking and nans*
pertatian.
. "Zanolite Company at Oiicaqa is a prominent suaplier at vermieulite with mininq operations m
_ ` Montana and Soutn Caraiina**.
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October 20, 1962
006592
ZONOllTf COMPANY
i. A. Kelley, President
/