Document 0qZoQY8G6D99Dwg4yzGLE7Mxb

At a regular meeting of the Directors of Jehu T. Levis A Bros. 60. held this dap in their offices ia the fldener Bnilding, there vere preseat: Edvard 7.. Beale, Chairman of the Board s. French Hoove, rice President and treasurer J. W. Gardiner, Flee President Mh:r?|e H. Merritt, Secretary Le<iurd f. Beale, Birester The meeting van sailed te order by Mr. Sdvard 7* Beale, vhe presided, end Hr. Morris B, Merritt reported the minutes of the meeting. fhe ainntee of our meeting of Boeemher 4 sore rend end approved. Mr. Beeves aanonneed that henna ohaeha will he issued to ear employees on Boeemher 15 amounting te a total of #54,039.41. on motion, made by Mr. L. 7. Boala, and aaoondad by Mr. 3. French Beeves, it vas:unanioualy HK50LTBB, that folleving our long established eastern, ve will continue te give a small aash Christmas prsssat to all of our offiso employees sad to sortsla others outside of the Company she reader services te the Company throughout the year, sueh as W. 3. postmen, elevator men in the lidener Building, etc. . f Hr. Beeves reported that there vlll be 37 of our employees vith mors than @5 years of service vhe will reeeive geld watches, out of s total of 391 employees in ell branches of the Notional Lend Company. in comparing seats of oar metal department for the first nine Maths of 1938 with a similar period in 1939* Mr. Beeves oslled attention to the fact that there! is a saving of approx 1mtoly #8,COO. this year. Mr. Gardiner reported that the figures for the advertising budget for this braaahf for 1940 will bo approximately 19$ lever thaa during 1939. fhe promotion budget for 1940 has else bees eat to the extent of $8,00. Ho sailed attention to the feet that Peter Berdell in Wilkes-Barre on Boeemher 4 registered the name of the "Rational Paint Company*. It was fait that Mr. Gardiner should rofor this setter to tho National Lead company In leu York. Other dry eeler manufacturers hero rod need thoir prleos so that we have alee bean esmpolled to fall in lino. fhe regular weekly report of shipments was submitted. On motion, made by Mr. 3. Trench Boovos and seconded by Mr. ,. 7* Beale, it was unanimously HS30LVBD, that #2,0O0. be authorised in 1940 for labora tory work at tho Lewis factory to help in eliminating and adjusting paint complaints. There being no further businesasa upon motion the^mmsosottiinngg a di jearned.