Document Byvqe6Kra0OBQLj3kMM2G3Yz4

MEMORANDUM OF AGREFMENT November 20, 1936 THE UNDERSIGNED hereby agree to underwrite certain experiments with asbestos dust to be conducted by Dr. LeRoy U. Gardner at the Saranac Laboratory, Saranac Lake, New York. The general nature of these experiments and the cost thereof were explained at the oeetlng of certain brake lining manufacturers held In^Kew York City on Nov ember 19, 1936. -- The purpose of this memorandum is to confirm the agreement between the Undersigned to-underwrite the cost of these experiments amounting to C5,Q00 per year for a period of three (3) years, or a total of *15,000. The Undersigned agree to share equally the costs of said experiments. For example, if ten parties sign this Agreement, the annual contribution of each will be 500. It may be more or less, depending on whether the number of * those signing is more or less than ten. It is understaod that payments to Dr. Gardner will, for the sake of convenience, be made directly by Johns-ltanville Corporation or by Raybestos-Manhattan, Incorporated, and that the others of the Undersigned will reimburse Johns-iianville flu8i s A* SPNY 000458 u ~ > 'Corporation or Raybestos-Manhattan, Incorporated for their pro rata share of such payments as made* America/ eraxe blq& corporation lLinl*.^d to" j2&QlpO per annum) By_ 7/^ /1. / _____ vice ^resident ASBESTO: ACTURING COMPANY By. uz S GATXE CORPORATION .eu to $250. 7 T~r* r rnnum) JOENS-UANVILLE CORPORATION Vt'c. i - 'P-Vt sU. 'ISON RAYBESS'OS -MANHATTANINCORPORATED By THERKOID ROBBER COMPANY By___________________________ UNION ASEESTPS fi: RUBBER COMPANY ( United to V'lSO.OO per annus. 3 By -T*> ----- -- U Oocrot:ryTro::urcr WITED STATES* OYPSIW COUPAXT tn nco.rvi -- _________ By Soortary-Tr-*ur*r By. By oog)7 SPNY 000459 i j 008 ] S SPNY 000460