Document 6RExRn9zEj1D02k48aORKdMx9

Philadelphia, Pa* Mevenber 16, 19*1 At a regular meeting of the Directors of John Lewie a Bros. So* held this dap In their offleet la the Widen*r Balldlag, there were preeeait Bdward l' Beale, Chairman of the Board W. ardiaer. Freeideat The netting wae tailed to order bp Mr. Sdward P. Beale, who presided, and ir. Morris R. Merritt reported the minutae of tho meeting. The aiantes of our aeoting of Mevenber 3 wero read and approved. :' - .i Mr. Oardiner reported thet la Mew Turk leat week Mr* Oeatty had atatad that I509.D0 per aeath wam all ef the profit thet he expeeted the Philadelphia Beider Soai^imp to make under the present set-up. Mr. Oardiner aleo reported that ha had attended two aeetlage with the Beeeereh and Development Oeaalttee la Mew fork regarding the proposed Mapheetesi ell agrtenant. One ef these aeetlage wee attended hp Messrs. Rehrbsefe iu'sd Kotak of the Saybeetos Coapaap in order that the Motional Lead Coftpaap nlffet.i b aure tbera was no eonfliot with eur proaoat Dutch Oils, as all of us wanted to avoid a later conflict which sight Jeopardise the company** litharge burlseii eetiaeted at 1500 teas per peer. The fallowing points were brought out* 1 - It wae agreed to postpone notion for three aeathe, during which Mr* BWjetfart,, IMir|i Kovak and Mr. 6r*en will make a further study j ef the proposed oils end our Dutch oils. 2 Mr, Sldford felt that aon* changes in the agreement itself night 3 - It wae decided to pressed with tho preparation of the aeeeeserp 0*1 e as to permit prompt aetlon whsn the final decision le reached. On motion made bp Mr. Sardiner and aoeoaded hp Mr. L. T. Beale, it wae deeided to apply for an advertising hudgst for 19%2 in ths total amount of 911,850.06 as compared with a 1991 budget ef |12,&25.00. It is expected that eur teiaijMbltt Sunder the 1991 budget will only amount to about 911,600.00 but in lf% we are expecting to paint the sign on tbo roof of our oil mill and alo p#et;ini some increase* in labor eoeta. The was submi ar weeklp report of shlpnonts for the week ending Rovenber f On Motion node bp Mr. L. T. Beale and seconded bp Mr. 8* French Reeves, it was detidhd to apply for an appropriation of 91*90.00 to cover the rebuild ing of the rovarheraterp furnace in eur netal department on the basic that the total ithist of sain* ean probably he saved in nine months. A regular 6*1 eppllejetip*! kill be forwarded to the Mew fork office to cower same. continued n/10/%1 UwittnO to asti.su sails bf Hr. L. f. Seals an! seeoaded by Mr. Baevas, it was decided is apply for an appropriation of $633.50 for tbs jrarsbass of a 50 K,F. witii tbs useessary drIt s , shaft* sts. for ths Stroud Kill in oar said* department, which has net bssa operating satisfactorily. . A rsga* lar CAft applieatioft will bo forwardod'to tbs MW'fork offis# to sever *.. Th*p farther basin, open notion tbs sotting adjourned. NL 000041058