Document DxwqL1a3rrz0YMEr084k5GB5

Minutes of. p.f'i G0JJKI5513I}, held Wednesday< October 6, 1948, sfc 2:00 o^clook g,. My ' .. ........; PESS|IT.J Messrs* MhrfinQ:, Burley^ Caresche,. Seat-fey, Mte^son* Simon, Warshow, and, Wiian.su: (<D* A* Iaridaos Qhainnan,;, J. B'. Henrich Secretary) The minutes of the meeting of September 29' 1948 were duly approved Upon motion the following applications for' appropriations were duly apprpved? $ 3*000*00-!. 3,500*00! 32,090,57! 21,230.00s 6*320*32: 4,410,78; 9*378.00: 2,450*00: 17,500.00; 3,494,26; 1*305*00; 3*152,00: 20,845*00: 1*000*00; 16,307.00s 25*607*00! 2,984,00; Contributions Contribution to the Flax Institute of the United States for the yes.r 1947-1948. Membership in. the National Association of Manufacturers for the year ending October, 1949* American head Corporation: Construction of new Welfare Facilities,Indianapolis . Barold Sales Division Construction of Spur Track* Aladdin Plant, Overexpenditures equipment for Field Drying `and Stockpiling Bentonite,, Aladdin Plant* Purchase and installation of Ball Mill Liners*, Fountain Farm Plant, Potosi* Missouri* Installation of heating system to prevent freezing of liquid . caustic. Magnet Cove, Ivans Lead: Division; Repairing roof on Warehouse in Building No* 15? Charleston Morris P Kirk <& Son, Inc.; Installation of 58* addition to Soft.1 Lead Bldg* anid installation, of 67-ton Lead Softening Pots* Los Angeles* Magnus Metal Division Consolidation of operations of Baltimore*- Maryland Plant with those of the Cincinnati, Ohio Plant of Magnus Brass Division. "Buffalo"'Ho, 22 Floor Drill* Depew Plant, Journal Bearing Shaving Die Research* St, Louis* St Louis Smelting & Refining Wks, Additional appropriation for continued prospecting and in vestlgation* Ste* Genevieve County* Missouri* Appropriation to lease Hpllywoo'd Antimony Mine in Pershing County* Nevada, to be repaid out of royalties* Texas Mining & Smelting Division: Overexpenditure* enlarge ment :and completion of Rotary Roasting Kiln, Laredo* Titanium Division - St.. Louis P^ant Facilities for removing Flotation Reagents from Ilmenite Ore, Repairs to Cooling Tower* Titanium Bivision - MacIntyre Development Replacement of Mine Service Truck* Replacement of Bucyrus-Srie Dipper Sticks* Titanium Division Sayreville Plant-; Annual inspection and repairs to "B" Unit Contact. Acid Plant. N 26004 1H-2166 <EXSCtfTjTEJ' COMMITTEE' - October 6, 1948) Upon-motion duly made and seconded the following reso lution was adopted; : RESOLVED,. That effective this day, Leonard J Ferae, he and he hereby is appointed Manager of the Traffic Department of National Lead Company in. succession, to Dwight R. Forris, re tired. The Committee approved the sale of $1009000 face value ,TJ.-S. Treasury Bills dated July 29. 1948, due Octo'ber 28, 1948, and $1.50*000 face value Ua S,, Treasury Bills dated August 12* 1948, due November 12* 1948, at the quoted discount rates of 1.09 and 1.10 re spectively, said Treasury Bills being those recently acquired with, certain other assets of The Titanium Alloy 14an.ufactu.ring Company As a further step in the effort to develop p. Plan of Group Disability Insurance- that may prove suitable to install on a Oompanywwide basis, the Committee authorized the inclusion of the hourly-paid employees of this Company*s subsidiary, American Lead Corpo ration at Indianapolis, Indiana, under the agreement previously entered into with the Metropolitan Life Insurance Company, providing Accident and Health Insurance and Hospitalization. Insurance benefits for hourly* paid employees at the Chicago Branch Upon motion, the-meeting then adjourned* 0000-NU-000039097