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KEUORANDUU OF ACRET^ENT
November 20, 1936
THE 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 Tork.
The general nature of these experiments and the cost thereof were explained at the aeetlng of certain brake
lining manufacturers held In,New York City on November 19,
1936.
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The purpose of this memorandum is to confirm the
agreement between the Undersigned to- underwrite the cost
of these experiments amounting to $5,000 per year for a period
of three (3) years, or a total of $15,000.
'
The Uniersigned agree to share equally the costs of said experiments. For example, if ten parties sign this Agreement, the annual contribution of each will be $500.
It may be more or less, depending on whether the number of those signing is more or less than ten.
It is understaod that payments to Dr. Gardner will, for the sake of convenience, be made directly by Johns-Eanville Corporation or by Raybestos-Manhattan, Incorporated, and that the others of the Undersigned will reimburse Johns-ilanville
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Corporation or Raybestos-Uanhattan, Incorporated for their pro
rata share of such payments as made.
,
. America/ brake elo/k corporation ^Linl^d to' $2&QLpO per annum}
By_. 7/^Jl. / OT^rc^ .i vice president
'actiiring company
GA(LTpKEZZCtzOdRPtOoRA$T2IO5N0KO^QP si rnnUm.) JOHNS-UANVILLE CORPORATION
RAYBESYOS-MANHATTAN#/INCORPORATED
THERYOID RUBBER COMPANY
By_________________________
UNION ASBESTOS tc RUBBER COMPANY ( Limited to v/v50.00 For annus. }
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UNITED STATES' CYPSUU COUPAXT
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