Document Ed09yQZM3pnK334pqYy03KGyj

PLAINTIFF'S EXHIBIT WV-03927 P.AS9, 9th July, 1953. *he Manager, Australian Blue Asbestos Ltd., iii: w*i2M.1QBS& Dear Sir, Smnm....ggffiPES. (?*6S5). In.ff.gdon. V; agree that every effort should be made to collect this debit of 26.104 6 but without incurring any heavy costs. It would be out of the question to incur the 20 mentioned in your letter* fTawCTftftg Minutes. We enclose herewith copy of Minutes of Directors Meeting held on ?th July* 1952. Capital^ It will be seen from the Minute# attached to this latter that a call of 1/5 per share on the 1,000*000 shares (70.623. 6. 8) has now been made* The C.S.R.Co have _ advised their Perth office that out of this call you will ? pay the amount of over 50*000 now owing to them, by en 3 exchange of cheques, tnd you will draw the balance only as * and vhan -required-. S Ton will understand that thd present position has It been brought about mainly by us being unable to obtain shipping S opportunities for the No*5 grade fibre outstanding against Johns Manville's order, and as far aa ve can see it will not "* m be until September that shipment of this fibre can be commenced. She C.S.R.Co. has this day './Titten to Johns Manvilla setting out the position and ve attach copy of this letter* . Ve also attach copy of list showing present position in regard to orders held and to be delivered. It la an urgent matter that the strictest economy be exercised during this period as ve want to avoid, if possible calling up additional capital. VWCLOSURES. Sony of Mlmtes of Directors Meeting. Copy of letter from C.S.R.Co. to Johns Manville List showing orders etc. for Blue Asbestos Fibre. WV-003927 P J O Mwwg | 4 j TMr c fenr -