Document 5kXnrvmeMMbGRKBK6GXXLdM5

MEETING OP THE BOARD 0? DIRECTORS .May 22, 196? The regular monthly meeting of the Board of Directors of Monsanto Company was held on May 22, 1969, at 9:00 A.M.'at the St. Louis County, Missouri, offices of the Company. Present: Messrs. Charles K. Sommer, Edward J. Bock, Dillon Anderson, David R. Calhoun, John L. Gillls, Edward A. O'Neal, Charles Allen Thomas and Monte C. Throdahl. Messrs. Fredrick M. Eaton, Herbert Hoover, Jr. and James S. Rockefeller were absent. DSW 128951 STLCOPCB4032887 Memorandum of Messrs. H. L. Mlnckler and T. K* Smith, Jr., dated April 15* 1969 recommending the expenditure of $1,100,000 for the expansion of the solid Aroolorfacilities at the Anniston, Alabama plant, was submitted to the members in advance of the meeting* This expansion will enable the Company to supply into the mld-ldTO'e all forecasted U.S. chlorinated polyphenyl needs and also to provide a significant share of ex-USA demands. Upon motion made and seconded, the following resolution was unanimously adopted: &ES0LVED, that the expenditure of 11,100,000 for the expansion of the solid Aroclor^ facilities at the Anniston, Alabama plant, is hereby approved. ` DSW 128952 STLCOPCB4032888