Document 3QvvDQnz3dpXV24NDL8e5DwdJ

DIRECTORS' MEETISO Cleveland, OMo, Hay 27th! 1909 At a meeting of the Directors, hell at above tine and plane, which, there were present W. H. CottIngham, 8. P. Fenn, V. B. Albright I B. II. Richardson, the following resolution was unanimously adopted: RB8OLTED1 That from the profits of the current year there he lolared the usual quarterly dividend of l on the 7 per oent and l$jC the six per cent preferred stook, payable June 1st, 1909. Adjourned. Cleveland, Ohio, July 21st, 1909 At a meeting of the Directors, held at above time and plaee, : at which there ware present W. H. Cottlngjuun, H. A. Sherwin, E. 11, ^Richardson, J. 0. Beardslee, S. U. Williams and S. P. Fena, the follow* lng resolutions were offered and carried unanimously: RESOLVED: That in ths absence df the regular Secretary, 3. P. Fern be elected to aet as Secretary pro tern. RESOLVED: That the plan as proposed for the Company beginning the manufacture of White Lead be approved, and that measures be adopted . at once for financing the same, preferably by the sale of suffioieut of the authorised 6j Preferred stock* 1 BS80LVSD: That 0. 0, Ballsntyae, General Manager Canadian District, and J. E. Gordon, Cashier, be and hereby are duly authorised to sign and countersign checks and drafts, also to sign notes for dlsoount and deposit, to'endorse* oheOks, drafts and notes receivable, and other papers for collec tion end deposit to the eredit of Ths Sherwin-Williams Co. at ths Bank of Montreal, Montreal, Oanada, RESOLVED: That W. E. Kilobit, Representative, be and hereby Is duly authorised to endorse checks and drafts for deposit, also to sign oheoks for withdrawal of soeh deposit from the account known and recorded at the First Rational Bank of Duluth ae the "Margin Aeoount" of The SherwinWilliams Co., Cleveland, Ohio. Adjourned* 0007-SWP-034409 RECORO BOOK PAGE ATTEST. N2 242