Document 6BB1D4OvLaRjjGV8yavz84ww3

agenda DINNER MEETING OF THE MCA BOARD OF DIRECTORS 6:00 p. m (EDT), Wednesday, June 10, 1964 Fillmore and Van Buren Rooms, The Greenbrier White Sulphur Springs, West Virginia I l MINUTES OF MAY 12, 1964, MEETING, jl REPORT OF THE TREASURER. 1 ' /^Financial Report for Fiscal Year Ended May 31, 1964. I jb) independent Audit Summary. ! (c) Capital Account and Inventory (d) Membership Fee Billings for Fiscal 1964-65. (Enclosure) III. BOARD OF DIRECTORS. (a) Annual Report for 1963-64. (Enclosure) (b) 92d Annual Meeting -- Final Reports -- 1. Program and Registration (Enclosure) 2. Budget and Financing for Fiscal 1964-65 3. Amendments to the By-Laws 4. Nominations for Officers and Directors (c) Member ship Committee -- Application of American Hoechst Corporation. (d) October 13, 1964, Regional Directors Meeting -- Wilmington, Delaware. IV. COMMITTEE APPOINTMENTS. ' (Enclosure) i V. STAFF REPORT & MISCELLANEOUS ITEMS. j A brief meeting of the newly-constituted Board of Directors will be held in the Tyler , Room of The Greenbrier on Thursday, June 11, immediately following conclusion of ' the Annual Business Meeting. Purpose will be to consider the appointment of Board Committees and technical and functional committee liaison for fiscal 1964-65. j NOTE: Next Regular Directors Meeting -- 11:00 a.m. (EDT), Tuesday, September 15, - 1964, Union Club, Park Avenue and 69th Street, New York City. I$ CMA 068241 (935) MINUTES of the one hundred thirty-ninth meeting of the Directors of the Manufacturing Chemists' Association, Inc, , held in the Fillmore and Van Buren gooms, The Greenbrier, White Sulphur Springs, West Virginia, on the evening of June 10, 1964, The meeting was preceded by cocktails and dinner, beginning at 6:00 p- ns- (EDT). There were present: Chester M, Brown F, L. Bryant David H. Dawson George H. Decker D. S. Frederick Carl A. Gerstacker John L. Gillis Ralph K. Gottshall Kenneth H. Hannan Thomas C. Jones Kenneth H. Klipstein Harry B. Marshall H. E, Martin W, Kenneth Menke J, A. Neubauer Thomas S. Nichols Robinson Ord Harold E, Thayer O. V. Tracy George R. Vila G. L. Weissenburger W, N. Williams John E. Wood III M. F. Crass, Jr, Alternates: Henry Avery (for W. Kenneth Menke) David G. Braithwaite (for Thomas C, Jones) F. D. Chittenden (for George R. Vila) Bert Cremers (for Robert B. Semple) T. L. Cubbage (for R. W. Thomas) Leland I. Doan (for Carl A. Gerstacker) Harry S. Ferguson (for Chester M. Brown) E. E. Fogle (for Kenneth H. Hannan) J. D. Gunther (for John A. Hill) H. E. Hirschland (for H. E, Martin) J. A, Hughes (for Raymond F. Evans) George W. Huldrum, Jr. (for R. C. McCurdy) Hugh C. Land (for William P. Drake) John O. Logan (for Thomas S. Nichols) C. B. McCoy (for David H. Dawson) Warren F. Michener (for Harold E. Thayer) Karl J. Nelson (for John E. Wood III) W. T. D. Ross (for Robinson Ord) R. C. Swain (for Kenneth H. Klipstein) Thomas F. Willers (for F. L. Bryant) General Counsel: Henry H. Fowler ) Fowler, Leva, Hawes & Lloyd Symmgton ) Symington Present by Invitation: A. E. Albright - Stauffer Chemical Company L. G. Bliss - Foote Mineral Company Bennett S. Chappie, Jr. , - United States Steel Corp. Lammot duPont Copeland - E. I. du Pont de Nemours & Co. Lee V. Dauler - Neville Chemical Company CMA 068242 Expense Management Technical Public Relations Government Relations Information Service Education Office Administration Total Expense Income less Expense (93 7 ) $ 220, 105 312,926 246, 117 78, 153 66, 374 50, 056 107, 427 $1,081,158 $ 104, 164 The Treasurer stated that the above data had been excerpted from the Annual Audit Report which had been submitted to the Association on June 7 by the firm of Bond, Beebe, Bond & Bond, Certified Public Accountants, Further, that the audit would be summarized at the Annual Meeting the next day and would be included in the proceedings of the 92d Annual Meeting, which will be distributed to the member ship during the latter part of June. (2) Schedule of Expenses Versus Budget - Fiscal 1963-64. A com parison between budget and actual expenditures for the 1963-64 fiscal year follows: Management Technical Public Relations Government Relations Information Service Education Office Administration Totals Budget $ 252,725 315,265 268,770 97, 890 66,605 49,950 105, 785 4 1, 156,990 Actual $ 220, 105 312,926 246,117 78, 153 66,374 50,056 107,427 $ h 081, 158 (3) Surplus. The Association ended the year with an over-all and uncommitted surplus of $521, 853. This compares with the June 1, 1963, surplus of $413,247. ON MOTION duly made and seconded, it was VOTED: That the Treasurer's report be accepted and placed on file. (b) Audit Report. The audit of the Treasurer's books was presented and a summary, follows: CMA 068243 ASSETS Cash in Banks and on Hand Regular Account Payroll Account Savings Account Petty Cash Washington Representatives Change Fund Investments U. S. Government Obligations Sinking ( %>ecial Retirement Fund) General Fund Deposits Government Printing Office Post Office Airlines Accounts Receivable Unreimbursed Expenses Special Projects and Meetings Travel Advances TOTAL ASSETS (93a) $ 44,155 6, 000 304, 542 500 250 7 A, ' ^ (o, -c3 ?2z JV* ; -V $ 355, 447 148,000 f<J Y 297,054 j >' f rf 445, 054 150 /re 500 425 1, 075 / C ? a" 624 335 /, s */ 3 959 $ 802,535 'T 7 Sppr ,,%> <? LIABILITIES AND SURPLUS Liabilities D. C. Use Tax Payroll Tax & Savings Bond Withholding Education & Public Relations Comm. Fund 99 8,620 81 ft * 7 ** -- 8,800 9 791 Deferred Income Special Projects and Meetings Dues- Collected in Advance - Reserve - Special Retirement Fund 72, 202 2-, 200 -- 74,402 er,9V*. 148, 333 *5 Surplus Restricted - Plastics Program Unrestricted 49, 147 521,853 v 27 571, 000 U/ `/PST TOTAL LIABILITIES & SURPLUS $ 802, 535 In their report, the auditors found the Association records to be well kept, supporting evidence readily available, and that cooperation received from the staff enabled them to complete their examination promptly. (939) (c) Sale of Publications. As set forth under Item (a)(1) above, income during the year from the sale of publications and films totaled $40, 033. As of May 31, 1964, the Association carried an inventory of publications totaling $53, 000. Under the system of bookkeeping which the Association follows, this inventory is not included under assets, since printing costs are charged to expense as made. (d) Fixed Assets. The Association also charges acquisition of such fixed assets as furniture and office equipment to expense as purchased, and therefore, they are not reflected on the balance sheet. As of May 31, 1964, the book value of such items approximated $56, 500, representing the depreciated cost of $116,000 of fixed asset acquisitions. (e) Membership Fee Billings. The Treasurer stated that, subject to approval of the budget and method of financing at the Annual Meeting the next day, membership fee invoices for fiscal 1964-65 would be mailed from the Washington office on June 15. IV. BOARD OF DIRECTORS. (a) Annual Report for Fiscal 1963-64. Those present were handed copies of the Annual Report for the year ended May 31, 1964. Copies of the report will be mailed to Executive Contacts and Members of the Technical and Functional Com mittees on June 11 -- the day of the Annual Meeting. (b) 92d Annual Meeting -- Arrangements and Attendance. Printed copies of the program and attendance list were handed to those present, in addition to an information sheet. A net registration of 913. representatives from 168 member firms was reported. (c) Future Annual Meeting Dates. Arrangements have been made with The Greenbrier management for early June meeting dates over the foreseeable future. While a commitment applies to the 1965 meeting only, nevertheless, the Association is protected for subsequent years. The advance schedule is as follows: 1965 1966 1967 1968 1969 1970 June 3-5 June 9-11 June 8-10 June 6-8 June 12-14 June 4-6 (d) Membership Committee. Chairman Bryant reported that an application had been received from the American Hoechst Corporation. Inasmuch as there was a question concerning whether the applicant or its principal chemical manu facturing subsidiary should apply, it was agreed that action on the application by the Board should be deferred until the September 15, 1964, meeting. (e) Finance Committee -- Budget and Financing for Fiscal 1964-65. It was reported that, inasmuch as no changes had been proposed, the budget and method of financing for fiscal 1964-65 would be presented to the membership the next day qMA 068245 (Q 40) same form as approved by the Directors at their May 12 meeting. In the 1^gence of Chairman Evans, of the Finance Committee, it was agreed that Mr. Sokols would present the Board's recommendations to the membership. (f) Amendments to the By-Laws. These amendments, in the form approved the Directors on May 12, will be presented to the membership for action at the jynnual Meeting. General Decker will make the presentation. (g) Nominations for Officers and Directors. The report of the Nominating Comtmttee, consisting of Officers and Directors as approved at the May 12 Directors meeting, will be presented to the membership the next day by D. S. Frederick, Chairman of the Nominating Committee. (h) October 13, 1964, Regional Directors Meeting. It was reported that this meeting will be held in Wilmington, Delaware, Full details as to program will be circularized to Directors within the near future. With respect to the second annual conference of Executive Contacts and committee chairmen, it was agreed that this should be scheduled, together with a Board of Directors meeting, at New Orleans, La. , during March 1965. V- COMMITTEE APPOINTMENTS. The following committee appointments were approved: (a) Air Quality Committee. Donald C. Winson, Aluminum Company of America, replacing Frank L. Seamans (b) Ammonium Nitrate Technical Committee. Robert J. Harker, Commercial Solvents Corporation, replacing L. A. Stengel (c) Food, Drug, and Cosmetic Chemicals Committee . Charles F. Hagan, Chas. Pfizer 8i Co. , Inc. , as Chairman F. R. Barron, Jr. , American Cyanamid Company, as Vice Chairman (d) International Trade Committee. William F. Christopher, Hooker Chemical Corporation (e) Plastics Committee. Werner C. Brown, Hercules Powder Company, Inc. R. M. Knight, Rexall Chemical Company L. B. Kuhn, Firestone Plastics Company J. D. Mahoney, Mobay Chemical Company R. G. Richards, Celanese Corporation of America () Public Rfelations Committee. Sherman Stambaugh, Celanese Corporation of America, replacing Emery Cleaves CMA 068246 (94 n Brought to the attention of Directors as a matter of information, were follwin8 appointments to two task groups since the last Board meeting: the Task Group of the Committee on Tank Cars, Tank Trucks and Portable Tanks to review and keep informed on developments of the proposed Ontario Regulations (Highway) on Hazardous Chemicals. Paul Hartmann, Chairman F. J. Heller P. L. Klinvex Task Group of the Food, Drug, and Cosmetic Chemicals Committee to draft a statement of good manufacturing practice for drug component chemicals. V. H. Knoop, Chairman W. E. McCormick J. N. O'Connor VI, STAFF REPORT. General Decker presented a detailed summarization of developments in the Association's program of projects and activities since the last meeting. Copy is appended to these Minutes as Exhibit A. Following conclusion of the business portion of the meeting, Chairman Dawson summarized and discussed generally the Association's program and accomplishments of the past year. There being no further business to come before the meeting, it was unanimously resolved to adjourn. M. F. Crass, Jr. Secretary APPROVED: David H. Dawson Chairman Attach. CMA 068247 MCA STAFF REPORT Delivered by General G. H. Decker June 10, 1964 EXHIBIT A Federal legislative activity has been relatively quiet primarily because of the -tablish water research centers and programs, with an amendment deleting a Senate patents growing ^jgr tne icgioiatiuii iuuy avauamc tu me puuuL. j.ic House substituted a provision kiCk would require such patents to be disposed of in accordance with the Presidential ^ern0randum of October 10, 1963, the purpose of which was to bring about a uniform government patent policy as far as present laws will permit. It is hoped that Senate -onferees on the bill will accept this House amendment, and MCA is considering jj4t steps it can take to help bring this about. Last month I reported the introduction in the House and Senate of bills which would provide for the registration of pesticide manufacturers with, and inspection of their factories by, the Department of Agriculture and would require them to obtain waste dis posal permits from the Department of Health, Education, and Welfare. The MCA Air Quality and Water Resources Committees have recommended that the Association take a strong position in opposition to the waste disposal permit provisions in the bills. The National Agricultural Chemicals Association is expected to take an equally strong position in opposition to these provisions and to present the pesticide industry's views regarding the remainder of the bills. Representatives of the two associations have already met for the purpose of coordinating our respective congressional presentations and plan to meet again in the near future. Although it is believed that the press of other business may prevent hearings on these bills this year, it is reasonable to expect that they will be re-introduced next January. Distribution of the first economic facts study. Competition in the Chemical In dustry, has been made to all Executive Contacts and is being made to selected members of the American Economic Society. Other groups (university libraries, certain govern ment officials and agencies, etc. )will receive it in the near future. The preliminary draft of the second economics study authorized by the Board, Chemicals in the National Economy, has been received from the author, Dr. Jules Backman, and will be circulated to members of the ad hoc Economic Facts Study Committee for comment. j Referral of a program for standards and certification of plastics building products to the Society of the Plastics Industry was reported in the April meeting. We have now heard from the SPI that their Board of Directors has endorsed the desirability of en- | couraging plastics building materials manufacturers to produce quality products, to j develop and promulgate voluntary standards for these products, and to utilize the i services of independent agencies of unquestioned integrity to test and certify and permit ' the use of a distinguishing label on products which meet the standards. They are plan ning to take on and continue study of a suggested pilot program of this type on exterior siding embodying plastics and will search actively for other applications in construction j where similar programs would be feasible. An SPI Plastics in Building Construction CMA 068248 T -2'0uncil is being planned to coordinate all industry-wide activities of such nature. ^jS was announced in a recent SPI Annual Meeting, although no details on the Council aanization are yet available. Member representatives cooperating with those from the Underwriters' ,^oratories an<d others reported on a smoke study to the San Francisco Board ^Examiners last month. The industry was able to obtain favorable action by ^js major code authority through withdrawal of their original proposals for code ^evisins pending further study and modification. The U. S. Public Health Service is proposing a survey of waste water dis mal through promulgation of an extensive questionnaire which is currently being -onsidered by the Advisory Council on Federal Reports and the Bureau of the Budget. The 1964 edition of Catalysts of a Profession is off the press and will be dis tributed at the meeting tomorrow. Contracts between authors and publishers may soon be signed for the first four books in the Chemistry in Action series. 1 CMA 068249