Document 1xezeY0vyM1R4JK59xamaa

1 1 .I /J MENORANPUFJ OF AGREFHENT V November 20, 1936 TIE UNDERSIGNED hereby agree to underwrite certain . experiments with asbestos dust to be conducted by Dr. LeRoy U. Gardner at the Saranac Laboratory, Saranac Lake, New York. The general nature of these experiments and the cost thereof were explained at the meeting of certain brake lining manufacturers held in^New York City on November 19, 1936. <r. i i --- The purpose of thi3 memorandum Is to confirm the agreement between the Undersigned to underwrite the cost of these experiments amounting to C5,000 per year for a period of three (3) years, or a total of *15,000. The Undersigned agree to share equally the costs of said experiments. For example, if ten parties sign this Agreement, the annual contribution of each will be C500. It may be more or less, depending on whether the number of those signing is more or less than ten. It is understood that payments to Dr. Gardner will, for the sake o"f convenience, be made directly by Johns-llanville Corporation or by Raybes tos-l'anhattan, Incorporated, and that the others of the Uniersicncd will reimburse Johns-tlanville 0u8]G A)h $3