Document 99rq6axxnDxeKmZbenmkoaKyp

jut- 26, 1937, I hereby oertify that the following is a correct extract from the ninutes of a certain Mooting of the Board of Directors of The Sherwin-S7111ians Conpaay, at which said neoting there was present a quorua of the said Board authorized to transact the business here inafter described; that the proceedings of 'the said nesting vrerc in accordance with the charter and by-laws of the company, and that the sane hare not been revoked, annulled, or anended la any nanner what soever. HBETIBG iSLD JULY 26th, 1937. "RESOLVEDi That the regular quarterly dividend of One and Coo-quarter Per Cent (l^S) to September 1st, 1937, on the outstanding shares of Series "AAA" Five Per Cent ($f!) emulative Preferred Stock of this Caapazg', be sad the acae is hereby declared out of tho surplus profits of the Cctapaqy, payable September 1st, 1937, to holders of stock certifieatoo for suoh shares of record as of tho oloec of business on August 14th, 1937, including holders of deposit receipts lssuod under the Caspar,-'s Exchange Offer of Deoecxber 21st, 193$, and exchangeable for stock certificates for sharer of such stock on the basis set forth in said offer, of record as of tho eloso of business August 14th, I937.0 In Tfitnoss hhorooJ, I have hereunto sot r.iy ban avsaffixed t!.<: corporate seal of tho conpatiy, this 2-'th day of Jv.l; , A. . 1?37 Itr. F. J. Baffner, Corporation trust Dept. The Cleveland Trust Co, Cleveland, Ohio. Vt . . batt, Yi'jo nresiuont, . Corporation Trust Dept., `Jankers Trust Co., 16 -all St., i'e\- -ort, . Seerotary of Tho Sherwin-ailliauQ Company. N24184