Document 2x7KkgoanYDKD1R1zzdq6nML

DIRECTORS MEETING New York, N. Y. February 20, 1329. A meeting of the Board of Directors was held at the Bankers Club, New York City, on Wednesday, February 20, 1923 at 1:00 P. M. Fresent: Clinton H. Crane Chairman E. A. Bear F. H. Bradley F. M. Carter W. E. Chollar Clarence Glass W. W. Halsey F. Y. Robertson R. M. Roosevelt F. E. Wormser Representing: St. Joseph Lead Company American Smelting and Refining Company Bunker Hill & Sullivan Mining and Concentrating Co. National Lead Company Remington Arms Company, Inc. International Smelting Company U S L Battery Corporation United States Smelting Refining and Mining Company, Inc. Eagle-Picher Lead Company Secretary The Chairman suggested that the dates of the annual meeting and regular quarterly meetings of the Board of Directors be changed inasmuch as the time for these'meetings as provided* in the By-Laws ** FI L n Had been found to be inopportune for some members. Moved and seconded that the first sentence of Section I. of Article II. of the By-Laws be changed to read as follows: A regular meeting of the members shall be held annually on the fourth Wednesday in February of each year for the purpose of electing directors and for such other business as shall be placed before the meeting. Motion carried. Moved and seconded that the first sentence of Section III. of Article III. of the By-Laws be changed to read as follov/s: Regular meetings of the Board of Directors shall be held quarterly on the fourth Wednes day of February, May, August and November of each year. The Chairman next introduced the question of the Tariff and it was Moved and seconded that the Secretary be instructed to do all he can to procure a liberalization of the present tariff law which would permit lead manufacturers to'make effective use of the drawback by allowing manufacturers to transfer the drawback privilege from foreign lead to an equivalent amount of domestic lead, and that the Secretary be authorized to spend One thousand dollars ($1000.00), in special assistance in this- matter. Motion carried. There being no further business the meeting adjourned. President Secretary. i '4 LI^COOOf