Document G6B719Y7rjjJg01DnLMzpp6ax

1 370 17Fgtgri&K UVrgaiAts Standards 1 nstitots, nc. Lexington avenue.He Vo*t . N.V> MiNures or v-estjng OF THE EXHIBIT WV-06129 epAffo or omsoTpRs VtecNEsoAv, January 23,- i&57 at 10:30 A.M. Hotel Commodore, Hew York, N.Y. Pg_SCNT L* S. Sullivan, President r. A* tflLLSfi H* Snow G, S. Lawson A. $ i let The Russell Manufacturing Company Ray best o&~Manhatt an., I nc , Southern Friction Materials Company Thermo id Company World Bc&tos H. G. Ouschsk, Secretary L\ G* Stic^lcs, Couhscl FM, S. I, Metaughli h ,St t cva.ES ah & Haycjeh Ncr _P RESENT VV* J. VacHSUT, Vl CE-PrES'OENT C. '.Vcvsurnc M?ldeo Materials Oivision Carlisle Corporation Marshall-Eclipse Division Bcnoix Aviation 30J/*. Sullivan, President, called the meeting to order at U>i A.M. MINUTES OF PREVIOUS MEET ING 20,1956The Chairman aovjsec that the minutes of the previous meeting hclo xijne -AO SEEN DISTRIBUTED, UpN MOTION DULY MADE ANQ SECONDED, |T WA UNANIMOUSLY 0r.$CLV s That the minutes of meeting held June 20, 1956 ee accepted as DISTRIBUTED, TREASURER'S REPORT T-S ANNOUNCED THAT A STATEMENT OF BUDGET ANO PENSE, FOR THE SIX MONTH* ESJE2 CeCSvBSR 31, 1S56 HAQ SEEN PREPARED BY THE TREASURER AND DISTRIBUTED TO THE VESTAS. In THE ABSENCE OF THE TREASURER, THE SECRETARY READ THE FOLLOWING, ^T-S FINANCIAL S7ATEVENT FOR THE FIRST SIX MONTHS OF THE FSCAL YEAR ENDED Cecev,ss 31, !56 indicates 12 641that the total expenditures or $ , . arc 2,211. LESS THAN 71C SUO-SCT. ALTHOUGH THERE IS THE POSSIBILITY OP CERTAIN EXPENSES l\5**S*N3 CURING THE NEXT SIX MONTHS, IT |S STILL BELIEVED THAT THE TOTAL EX- aS.riTUES V.IU BE VI THIN THE BUDGET* '.'iT' tvr *9Esr?.T Satj CF FEES J 2! Active Members $ 725. 3 Associate h. 2,SCO. 3 Sr-G'IONAL j (( " u <s 3 i,300. 750. 5J5.22S. 7,500. 4,500. 7*n. $27,975. , r> ri WV-06129 'Sq*A3 or DIRECTORS January 23, 1357 EVEN \r THE EXPENDITURES FOR THE SECOND SIX MONTHS WE TO.INCOEASE TO $14,000,, the ec<*rs from fees ow *n cffcct, mivio ec sufficient. However, with an Associate chancing to Active Membership, the income from fees will sc $26,200* os $1,775. less, as or July I, 1957, which income may not ac sufficient to meet EXPEND ITUSSTS,. THIS STATEMENT DOES NOT TAKE INTO CONS 1 OS*AT I ON THE POSSlOlLITY OP NEW MEMBERS JOINING THE INSTITUTE, "The balances show in the three savings accounts include interest through December 31, IS56.* After discussion, upon motion quly made and seconded, it was RSSOtVSOj That the report of the Treasurer as READ AND DISTRIBUTED TO THE MEETING, BE ACCEPTCO, DATA 9O0K AND TECHNICAL eOMMlTTCE flP0RT In the absence of Mr, Daly, Chairman, the following report was reao by the Secretary: Thi s Committee met December 15th to consider various technical matters that were BROUGHT TO ITS ATTENTION, AND CONSIDERATION OF THE 1957 OaTA bCOK, if* VISw OF THE FACT THAT THE COITION THIS YEAR WOULO BE THE MAIN BOOK RATHER THAN A SUPPLEMENTAL issue, the Committee considered the listings now appeasing in the 1955 edition, and VERY CAREFULLY CHECKED THEM, BEFORE MAKING ANY DELETIONS, THEY CONSULTED STATIS TICAL COMPILATIONS, IN ORDER TQ CONTINUE TO LIST SUCH OLDER MODELS NOW IN USE FOR WHICH THERE IS A DEMAND ICR REPLACEMENT PARTS. THE LISTINGS IN THE IS55 BOOK WERE THEN CAREFULLY CHECKED AND |T WAS DECIDE THAT ALL PASSENGER OARS, PRIOR TO $946, except Buick, Chevrolet, Toro, Plymouth, Pontiac and Closmobile, which would be. CARRIED SACK TO l94l, WOULD BE DELETED, *LL TRUCKS, PRIOR TO 1946 EXCEPT Chevrolet, Dodge, Poro and International which would go back to I94{, were to be DELETED. CERTAIN OTHER LISTINGS, SUCH AS HOUSE TRAILERS, WERE TO BE DISCONTINUED AND VARIOUS OTHER CHANGES MADE YjHICH WEE CF A MINOR CHARACTER. "In THE BRAKE LINING NUMERICAL SECTION, THE RCCOMMENOAT ION THAT THOSE ASSIGNMENTS COVERING EMERGENCY BRAKE LININGS, LIST THE CAR -MANUFACTURERS USING THOSE NUMBERS, WAS ACCEPTED BY THE COMMITTEE AS IT WAS FELT THAT IT WOULD BE MORE CONVENIENT FO THE USER OF THE SOCK, Tmc MOOEL LISTINGS, HOWEVER, i`OUL0 CONTINUE TO BE SHOT** JN THE EMERGENCY SECTION* THE PRESENT ARRANGEMENT IB TI ME--CO NSUM INC IN THAT IT RE QUIRES GOING THROUGH THE ENTIRE EMERGENCY SECTION IN ORDER TO PICK UP THE AP PLICA-- TIONS, ''Another chance will be in the size of the Oat a Sook. The new page sire will ec S-l/2 X U AS AGAINST 8-1 jZ X 10-5/8, WHICH NSW S12C WAS RE COV^ENGEO SY THE AUTO 1255MOTIVE Advertisers Council in December, . The Council had made a survey on PAGE SIZE A NO PUNCHING OF ThCSS COMPANIES ENGAGED IN THE AUTOMOTIVE FIELD, AND IT WAS GENERALLY ACCEPTED 9Y ALL THAT THE 8-1/2 X W WOULD BE BEST. PUNCHING RE QUIREMENTS HAVE ALSO SEEN SECOWENDCD BY THIS COUNCIL, BUT THIS WILLS CONTINGENT UPON WHETHER OR NOT TH MEMBERS WISH THEIR BOOKS PUNCHED IN THIS FASHION, 7H COMMITTEE 010 NCT PUT THIS RECOMMENDATION INTO EFFECT WHEN THE SUPPLEMENT WAS PRINTED, BECAUSE THY 0<C NOT FEEL l T WISE TO HAVE THE SUPPLEMENT LARGE* THAN THE MAIN SOOK, ''Technical problems such as Tr>e change in thickness oerocteo by a brake manufac-- vjhsr, rivet sizes ah: the specifi cations for certain qqnoeo segments, '"ere all CONSIDERED AND THE SECRETARY INSTRUCTED TO RELEASE SUCH CHANGES. ThC COMMITTEE C * SCUSSEO AT LENGTH, DRILLING PATTERNS OF LATG ASSIGNMENTS OF 3/4R BRAKE BLOCKS** K* notes op Meeting 0oa?o op Directors ' -3- \ January 23, t95T fi^EXT DISCUSSED r>'AS THE RECOWiCNOAT iON OF THE ANNUAL MEETING THAT THE COMMITTSe CONS I OCR THE COO INC SYSTEM FOR BONDED SEGMENTS OFFERED BY ONE OP THC MEMBERS FOR COPYRIGHT pua08ES SY THE INSTITUTE. CUNSELl& ADVICE ON THIS WAS SECURED, BUT the Commit tec 'decided not to copyright ant system, or THE pact that: at the present time, in view 1. A OOD*NO SYSTEM POR 80N0S0 SEGMENTS WAS RECENTLY SUBMITTED TO THE 3, A. , por stuov; 2. The memberjs 6vstem hao seen considered an not adopted by the Committee} 3. The proposed cooing, to the Committee^ knowledge, is not being used sy THE ME'-9RSH|P J ANO 4. The copyrighting op a system, that may not 9E ACCEPTED _ano which may se PUSLIC OOMAIN, would be foolish. STh QUESTION OP BRAKE shoe ORAWINCS WA8 AGAIN 0 i 8 CUSSED ANO THE COMMITTEE RECOM MENDS THAT THE 80ARO M5UU3 RE--CONS I OER -THI S ENTIRE PROBLEM IN VIEW OP THE PRESSURE 3*|N EXERTED BY THE PICLO POR THIS DATA* THEY WERE AGREED THAT BRAKE SHOE NUMBERS COULD SC LISTED IN THE DaTA BOOK, TOGETHER WITH F.M.S. NUMBERS WHICH THEY MAY ASSIGN, AS WELL AS SHOE SKETCHES IN REOUCC FORM. THEY EXPRESSED THE OPINION THAT If SeHOtX, AS WELL AS THE MAHUP ACTUSERS OP SHOES POR SHOE EXCHANGE PURPOSES, WERE PRL-K*LLV DLLTACTEO 8C>E7HINa MICV? Btl PC^THCOMIUG, Twer URGED THAT '`MIS PROBLEM BE RECDNSIOERED, SINCE THE BONDED PROGRAM AND SHOE EXCHANGE PIELO IS EXPAND! NO CONSTANTLY, AND PELT THE INSTITUTE OPRICE SHOULD BE IN A POSITION TO FURNISH SUCH DATA." The Cha*MAN SUGGESTED THAT THE VARIOUS PARTS OP THE REPORT BE CONSIDERED SEPARATE LY , fxc MEETING FIRST CONBIOEREO THE CHANGE IN SITE OP THE DATA SoOK TO 8-1 jZ X If. "HOSE PRESENT WERE IN ACCORD WITH THE RECOMMENDATION SINCE MOST OF THC CATALOGS A**s S-J/2 X n ANO UPON MOTION DULY MADE ANO SECONDED, IT WAS UNANIMOUSLY 3ES0LVC0: To accept the new page size, por the JS57 Oata Book, as reco^enoeo by the Committee. B1..o..n..o11"eo11 .S...r.a...v.g...^..-.s. \ Ts Chairman advised that the Committee had reviewed this question, at the request OP THE -ANNUAL MEETING, AND THE I ft REASONS FOR NOT ACCEPTING ANY OTHER SYSTEM HAS BEEN GIVEN Vi THIS REPORT. The OPINION V.AS EXPRESSED THAT A MORE DESCRIPTIVE COOING SYSTEM WOULD B MORE READILY ACCENTED. SINCE IT WOULD ALLOW POR THE INCLUSION OP *W SIZES WHEREAS THE SYSTEM ADOPT S3 COES NOT HAVE THIS PLEX! BI L ITV . In ADDITION TO THIS, THC NUMBERS ASSIGNED 00 NOT INDICATE, IN ANY WAY, WHAT SPEC IP J CAT I ONS ARE INVOLVED. StNCE NO MEASURE FOft LENGTHS HAO EVER BEEN ESTABLISHED, IT V/A8 FELT THAT IT MIGHT 85 WISE TO WAIT UNTIL S.^.E. - A QUALIFIED AUTHORITY TO SET UP STANDARDS -- HAO CONSIDERED THIS SU2JEC" >! CM HAO SEEN BROUGHT TO ITS ATTENTION. ThE INDIVIDUAL MANUFACTURER "C'.ILP THEN DECIDE WHETHER OR NOT HE WOULD FOLLOW THE S.A.E. RECOMMENDED LENGTHS. Arrc A LSN'2'-Y DISCUSSION, IT WAS FELT THAT THE TECHNICAL COMMITTEE SHOULD RE-- STUDY THIS "A03LEM A NS DEVELOP A DESCRIPTIVE NUMBERING 6Y5TEW ViHICH COULD BE IN-- C0S>2RATE0 WITH ANY NUMBERING SYSTEM THAT S.A.E. MIGHT RECOMMEND.  Nuts5 of Meeting 9AaB OF OtASCTORS f 4- January 23, 1957 t'PON MOT i ON DULY MADE AND SECONDED, IT WAS UNANIMOUSLY RSCt_VD:'That tmc Data Sock and Technical Committee prepare some type of cc&- - CRIFTIVC NUM3ERING SYSTEM THAT WOULD ALLOW FOR THE INCLUSION OF HEW SIZES ANO, T HAT EVERYTH! NS BE HELD IN ABEYANCE UNTIL THE 3.A.E, MAKES A REPORT AND THE Co,-Tree's system tied in with it, * In NO WAY is THIS TO 8E INTERPRETED AS A REQUEST FOR RECONT'ENDAT IONS FOR MAKES AND MODELS TO SC COVERED BY ANY,O*FFCRENT SIZES OR THE POSITION ON ANY GIVEN SHOE. crak_Shoe Drawings The ENTIRE SUBJECT, WITH REGARD TO SHOE ORAV/1NGS, WAS AGAIN DISCUSSED WITH THE FOLLOWING SENG EMPHASIZED* 1. Interchangeability and possible disagreement between the companies as TO THE SHOE APPLI CAT IONS. * No LATITUDE WOULD BE PERMITTED TO THE tNeVISUAL MANUFACTURER IF THIS INFORMATION WERE BET UP BY THE Institute* 2. The nature of the Institute is basso upon complete and accurate DATA RECEIVED FROM THE CAR MANUFACTURER* ANY OTHER SOURCE WOULD REQUIRE COt,MLlNC DATA COLLECTED FROM THE FIELD* * 2* The multiplicity of shoe numbers because of shoe 'manufacturers* PRACTICE OF ASSIGNING A NEW NUMBER FOR EVERY CHANGE MAOS IH THE SHOE - WHEEL LOCATION, OR1L.HHG, Wl DTH OF WES, TTC* ' After a lengthy discussion regarding the otrncuuiES or puoli6Hihg shoe data with SUCH INFORMATION AS I NTERCHANGEAS I L ITY OF SHOE NUMBERS WITH F,M,3* NUMBERS, IT WAS UPON MOTION DULY MADE AND SECONDED, UNANIMOUSLY R$OLVEO; That the Institute make every effort to * GET INTO THE SHOE IDENTIFICATION FIELD AND THAT THE COMMITTEE BE URGED TO RE OPEN NEGOTIATIONS WITH MORAINE AS A START FOR IDENTIFICATION OF THglR SHOES WITH SILHOUETTE ORAYIINCS ANO I NT EXCHANGE AS J L < TV, BUT THAT NO ACTION BE TAKEN REGARDING THE PUBLICATION OF TW1 8 IN TW AUTOMOTIVE DATA BOOK UNTIL SOME FUTURE DATE* AOJOUPNEO FOR LUNCHEON At 12:30 P,M* ANO RECONVENED AT 2:00 P.M, i/sn^nshif committee aeposr l,am son. Chairman. s0o7eo that: ,:Tke ''ev.sRS*jip Committee had t'"C applications for memsership during the past <i\x V'DNTHS AV.D IMMEDIATELY UPON RECEIPT, WERE ANNOUNCED TO. THE -CTIVE VemSERS OF "'0Ti*S INDUSTRY IN ORDER THAT THEY MIGHT FILE WITHIN THE T WEEK NOTIFICATION PrOD ANY INFORMATION WHICH THV FELT WOULD BE HELPFUL TO THE COMMITTEE* Minutes or Meeting 'Scard or Directors 5- i / January 23, 1957 rCvt mas roa "eciONAi Mcm5R6H|p riLEO ev Q.L,3. Plabticos Do Brasil S.A,, which **?* review, *s as*no recommsndeo for acceptance ev the Board or Directors* *T~z other application was por Active Membership filed av Auto Friction Corporation or SsocKLiNf, Massachusetts. This part?cot.ar application was accompanied sv the IKI7UTI3M FEE CF 51,000. No HNAL VOTE WS TAKEN ON THIS LATTER APPLICATION, MOft ANY CCCv.ven'DATICN f.-ACE TG C ATE 'In ACC IT JON TO THE e'0R EGO I NG, REQUESTS FROM THE FOLLOWING COMPAN ICG, WITH RECARO TO Msmscrswip were RECEIVED* ___ ___ TftANCo - Mcx. S.A. or Mexico njcw Klinger S.A. or Austria TelLechsa-y-cia 3.R.U or BurNOS Aires, Argentina .OtLFI NO--SflNCHETT I OF BflASIL, S.A, Hecksr Wcrkc or Germany "These foregoing companies were advise that technical data, use of F.M.S. numbering SYSTEM, DRAWINGS, ETC. WOULD SC AVAILABLE ONLY TO MEMBERS OF THE INSTITUTE AND THAT THEY WOULD QUALIFY AS REGIONAL MSMSRS The ANNUAL FEE WAS MENTIONED ANO A COPY OF the Constitution ano By-Laws together with an application for membership was for.VARLCC.* No SEP' ISf, NAVE TC DATE SEEN EOSVFO FROM ANY OF TW6E INQUIRING FIVE MANUFACTURERS. n0n Palmer Assestos and Rubber Corporation, nothing further mas been done, in view OF THE FACT THAT ND ONE WAS SEEN ABLE*TO SECURE A COPY OF THEIR LITERATURE OF RECENT CATE.ft After discussion, upqh motion duly made and seconded, it was unanimously ^cSCLVcDj That the application for Regional Membership filed by D.L.R. Plagticos Do Srasjl S.A. and that the application for Active Membership fileo by Auto Friction Corporation of Massachusetts be recommended TO THE MEMBERSHIP FOR ACCEPTANCE. VCN '.'OTlCN DULY '.'ACS AND SECONDED, IT WAS UNANIMOUSLY 5S0i_VlOj That the report of the Membership Committee*ee accepted. HISTORICAL SALES C0WW1TTK V. Vl'-LER, C-AJ=va\, CCRTEO THAT 7M MONTHLY SALES FlftUES HAVE BEEN GOING OUT ,5CTPTLY, 7-iS RECS'.T REQUEST OF 5NST 6 LRNST, CONCERNING REVISIONS, IS NOT UN-- V'4 JA-, IS ?** AT St' COMPANIES WISH TO REVISE THE f R FIGURES. The 1256 FIGURES WILL T*-N =E 5RC-1-7 -*s TO DATE FOR USE IN MAKING CCNtP ARI SONS. Many SUGGESTIONS AS TO F.5THES SR*<rO*-S -AV SEEN RECEIVED BUT IT MIGHT BE WISE TO VTA IT ANOTHER YEAR BE-- r: = !.*iKi\5 A-.v C-AN5E3. Tt-ESE CDULD SE CONSIDERED STEP SY STEP ESPECIALLY SINCE 'HZZ ~StliL CONSIDERATION. *.*CN v *0 C UL V n: IT WAS UNANIMOUSLY nZSZZ^ZO: That the report of the Historical Sales Co*-,'-*tttec ec accepted. 'tSiures op Meeting Soasd op Directors -6- ) January 23, 1957 SAFETY CAMPAIGN COWMI TT5 }U THC ABSENCE OP THE CHAIRMAN, THC FOCLOWfNG PEPORT WA* CAO fi/ TWO SeCRCTARY* the annual meeting this past June, certain suggested campaign slogans had seen RECEIVES SY THIS COMMITTEE ANO*' SUBMITTED TO THE MEMBERSHIP, KTh COMMITTEE was AWARE op THE PACT THAT NQ FINAL DECISION COULD SE MADE AT THAT MEETING ANO SEVERAL OTHER SUGGESTED SLOGANS WERE PRESENTS AT THAT TIME. THIS CcwITTEE MAS NOT HAD AN OPPORTUNITY, UP TO THE PRESENT, TO MEET ANO MAKE ANY PECOVA1CNOAT IONS TO THIS MEETING. They, THEREFORE, PLAN TOCONFCH ON THIS PROBLEM between now and the annual meeting ano at that time or possibily prior, submit for REVIEV* BY THE BqAOO AS WELL AS BY THE MCMB ERSHIP, CERTAIN SLOGANS OR COMBINATIONS OP SLOGANS POR APPROVAL 0V THC MEMBERSHIP,8 Upon motion duly'made and seconded, it was unanimously RESQtVEO: That the report op the Sapetty Campaign Committee e'e accepted. J sudoet u>report In the absence op the Chairman, the Secretary read the following report* "At the ANNUAL MEETING IN JUNE, A BUDGET OF $29,905, WAS ACCLpTED BY THE MEMBERSHIP POR THE FISCAL YEAR STARTING JULY I, f9S6 AND ENDING JUNE 30, 1557. Th*Q BUDGET 'NCORPDRATEO THOSE INCREASES IN EXPENSE THAT WERE INCURRED OURIKC THE FIRST SIX MONTHS OF 1956. nrOR THE FIRST SIX MONTHS CF OPERATION - JULY l THROUGH DECEMBER 3f , 1956 - WITH THE EXCEPTION OF PRINTING ANO MIMEOGRAPHING, ALL THE EXPENSES WAVS BEEN WITHIN THE BUDGET ED ALLOY/ANCES, CERTAIN INCREASES IN EXPENSE ARE EXPECTED. For EXAMPLE, THE REQUEST OP THE AUDITOR FOR AN INCREASE OP $55. AND THE POSSIBILITY OP AN INCREASE IN RENT WHEN THE LEASE COMES UP FOR RENEWAL IN Apr | L OP THIS YEAR. *Hov/EVER IN VIEW OF THE PACT THAT THE ACTUAL EXPENDITURES POR THE SIX MONTHS ENDED CSCEM3ER 31, I95S ARE APPROXIMATELY $2,300. LESS THAN THE BUDGET AND ASSUMING THAT NC UNUSUAL EXPENSE WILL BE INCURRED DURING THE SECOND HALF OF THE FISCAL YEAR, the Committee recommends that no changes qe made at this time. Such increases in EXPENSE, AS MAY ARISE, COULD BE INCORPORATES IN THE BUDGET TO ee CONSIDERED AT THE ANNUAL MEETING TO SE HELD IN JUNE 1957." LaCN MOTION CULY HADE AND SECONDE, IT V/Ag UNANIMOUSLY RlSOLVO: That the report op the Budget Committee SE ACCEPTED. . /ANNUAL ME7r:C CCMV.1TT Mr. Filler, Chairman, aoyiseo that the Committee, after putting aside personal DESIRES, DEC I CEO THAT A ONE OAY MEETING IN Tew YORK ClTY WOULD SE SC ST ThEV ALSO R-ICO ENDED THAT A CHECK BE MAOS AS TO OTHER ASSOCIATIONS1 *EET I NO DATES SO THAT THEY Y.C'JLO NOT INTERFERE Y<ITH THE ATTENDANCE AT THE INSTITUTE MEETING, I c / ) 1V or Meeting i- *5 or Directors *. r ~7~ - ---s ^ January 23, IS57 ?V VOTION DULY MADE AND SECONDED, IT WAS UNANIMOUSLY RISOiVEDs That the Comm it tee* a recommendation FOR A ONE DAY ANNUAL MEET INC, TO BE held in N`cw York City ae accepted, , PZ2 rOWJLA CC.KUITTZE . The pectins was advised that the following memorandum, sent by the Chairman to THE MEMBERS OF THE COMMITTEE, EXPLAINED THE SITUATION TO OATES . *iN REPLY TO MY MCMOftANDUM OF NoVEMSER 20tH RECARO I NO A FORMULA FOR THE ACTIVE J'EVSSRS TO BE EFFECTIVE JANUARY 1, 1957, THE FOLLOWING IS A SUMMARY OF THE REPLIES} ' 2 -- FAVOREO A CONTINUANCE OF THE PRESENT METHOD - THE same rate for all Active Members l -- SUGGESTED COMPANY SALES FILED WITH ERNST & ERNST AS A OASIS WITH A DEFINITE MINIMUM OF $500.CO, 1 - SUGGESTED THE FEE BE 8ASE0 ON SI2E - SMALL, MEDIUM AND LARGE -- ANO THAT SUCH ROUPINGS SC BASED ON THE SALE6 FILED WITH Ernst & Ep-bt. If Counsels aovcf is against such croupino, THEN THE PRESENT METHOD SE CONTINUED. I - SUGGESTED A PERCENTAGE RATE ON THE COMPANY SALES FILED WITH Ernst & Ernst or else the establtshmewt of a type membership FOR THOSE WHO ONLY WISH TO PUR8HASE DATA BOOKS. (THIS .LATTER SUGGEST ION WAS NOT ACCSPTASL8 TO THE OTHER COMMITTEE MeMSERb). Counsel advised that different rates, sased upon dollar volume during a given year cculc se levied provided there would sc a reasonable variance between the members* A MINIMUM COULD SC FIXED AND RATES SET SO THAT THE INCREMENTS WOULD BE GRADUAL. rD*,VSR, NO ONE MEMBER* S FEE COULD SS SO HIGH THAT !T MIGHT 6E CONSTRUED AS HAVING A COM!KANT PART IN THE AFFAIRS OF THE INSTITUTE. Since THREE SUGGESTED DOLLAR VOLUME AS the basis of A FORMULA, the FOLLOWING WAS <ts430 AS A POSSIBLE START * NG POINT. lXavslE Total 1555 Annual Sales -ess: Export Sales . -ssociatcs1 Sales (aspox) ifscssAsuc Sales (approx.) Sales under $500,000 not asssssasle (21 S'-svssrs $500,000.) `cr ^sscssasle Sales $ 3,321.660. 14,000,000. $90,894,350* 17.521,680. $73,572,730. 10.500.00Q. $63,072,730. .02$ CN *ET AsSESTAQUE SaLES S12.6U. Kcoi/cs 3 ^Eili'iAL -EP2ERS $1,500. I * 750. 3 iSSCCIATC 21 Active P fl Q 2,500. 500, .02^ cr -`ssessaslc Salves rCSSlSLt InCSMC (flat rate) $ 4,500. 750. 7,500. 10,500. I2.6t4. $ 35,864. // " > jtcb of Meeting ssiao or Directors -8- January 23, 1957 Commentsi CEPORE ANV FORMULA BASED ON DOLLAR VOLUME CAN BC CONSIDEREDS / Active L'embcfs would wave to nut n cures with Ernst & Ernst. At PRESENT THERE ARC SIX MEMBERS WHO O NOT FILE. 2. A FIXED PERCENTAGE MIGHT RESULT IN TOO GREAT A VARIANCE BETWEEN THE MSl9eSU ... 3. Without a knowledge of the individual sales, the Committee *e UNA3LE TO RECOMMEND DIFFERENT PERCENTAGE RATES THIS STUDY WOULD HAVE TO 8C MADE GY ERNST & ERNST. 4* Classification ev size --. small, medium ano large - would require AN ANNUAL CHECK B V ENST & CRN ST AND POSSIBLE REVISIONS FOR EACH CLASS. 5. The possibility of changes in membership status ano the possible ADJUSTMENT OF THE ASSOCIATE OR REGIONAL MEMBERS** I PS. The OPINION HAS'SEEN EXPRESSED THAT SINCE THE CA8M RESERVES ARE SUFFICIENT TO TAKE CARE OF ALL ANT ICI FATED EXPENSES FOR THE NEXT 6IX MONTHS, *T MIGHT 86 EXPEDIENT TO MAINTAIN THE SAME RATE OF $725.00 ANNUALLY FOR THE PS*OD Jawary I through June 30, JS57. In the interim, the Committee could make A FURTHER STUOY OF THE SUBJECT ANO PRESENT ITS RECOMMENOATICNS TO THE MEETING* Kindly advise the Institute Office as* to whether you approve recommend inc, to the Board of Directors, that the same rate be continued for the next six months pending FURTHER STUOY ANO DISCUSSION.0 The following points were broucht out in the discussion before the Board* 1. 2. 3. 4. 5. 6. " 6. S, }0. n. The small company neeos relief, in that the rate is too wich. Relief should be granted only upon request and the presentation OF' a CERTIFIED AUDITED STATEMENT THAT THE SALES ARE UNDER $500,000. Then a percentage rate, on the sales, should be established. A MINIMUM AND A MAX I MUM COULD BE ESTABLISHED, PROVIDED ONE OR TvjO COMPANIES 00 NOT PAY FEES OUT CF PROPORTION TO OTHER MEMBERS. All memsers receive the same information, regardless of size, ano THEREFORE THE SAME* RATE SHOULD Be PAID, Sales as a sasis, would not ee ecu itasle as some ~ould pay far MORS THAN OTHERS, ANO MICWT SE CONSIDERED AS DOM I NATIN THE Jnstitute, The formula must be simple. !f BASED on sales, THOSE NOT FILINS FIGURES ANO REFUSING TO OJVULSE.. THEY, COULD FILE FOR THE Ho* V. LL THE DIFFERENCES Have three rates - $500, MINIMUM RATE, SE MACE UP IN 0DER TO COVER 750 ano 10OG - Ernst & Ernst INSTITUTE COSTS. could aovise INTO TMICH BRACKET A MEMBER COMES. ARRANGE FOR A QAS'C FEE ANO A PERCENTAGE '*'ITH A CEFINITE MINIMUM AND a maximum. Those not filing figures *oulo have to submit a certified R Z~CRT Let the member state in v.hich srackct of sales he would fall. >CN m:- t on =ULY MAOS ANO SECONDED, IT was UNANIMOUSLY SISOLVlO*. T*at the Fee Tor.v.ula Coiamittce as advised THAT THE SOAOO QF DIRECTORS CONSIDERS THIS *A VERY IMPORTANT SUBJECT ON WHICH SUFFICIENT TIME SHOULD RE SPENT ANO REALIZING THE IMPORTANCE - OF THIS TO SOME OF THE MEVSCRS, THAT EVERYTHING >j ") REASONABLY POSSIBLE SE OONE TC OEVELO" SEVERAL PLANS FOR PRESENTATION AT THE NEXT QOARD OF Wruyrs or Meeting -C Kt,Z Or D.RECTOPS -a- January 23, 1957 ,r in motion duly made and seconded, it v.as unanimously RESOLVED* That the repost or the Fee Formula COMMITTEE B ACCEPTED. *Jpn notion cow made and seconded, it has unanimously RESOLVED: That the res formula for the second SIX MONTHS or THE FISCAL YEAS BE CONTINUED AT THE ANNUAL SATE OF $725.00 re Active Mcmbc*. * 19S7 AUTO^TIV; OAT^ BOOK 7ms meeting was advised that the Data Book and Technical Committee had vote to RECOMMEND THE PH I NT i NG OF A COMPLETE DATA SOCK FOR 1957 TO . THE SOAR OF DIRECTORS* Upon motion duly maoc and sccondeq. f It was unanimously RESOLVED; That the hecommendat tow or the Data Book ano Technical Committee to print a complete }957data book for oe accepted.. L1 CENSCc1 S REQUEST TO USE F.M-.S. NIM3ERIMG. SYSTEM "he MEETING CONSIDERED THE REQUEST OF OKS OF THE MMQ ERS FOR THE USE OP THE r".S, NUMBERING SYSTEM BY THOR LICENSES, THE AUTOMOBILE PRODUCTS OF fwOlA* LTD. **He COMPANY Jg NOW SfiCOMIN ESTABLISHED AS A 8SAKE LINING MANUFACTURER* 16 NOT Owned wholly or in fart sy a memser company and would be using the F.M.S. numbers for PRODUCTS or THEIfi OWN MANUFACTURE* Q.L.R.Those present were unanimously agreed that since Plasticos of Brazil* a LICENSEE of ANOTHER MEMBER, "*Ag BECOMING A REGIONAL MESSER, THE COMPANY IN INDIA SHOULD *LSQ APPLY FOR REGIONAL ^CV.BEKSHSF AH THE SECRETARY AS REQUESTED TO SO NOTIFY THEM, JOKNS^WVfLL? KV3RSH*F THE CHANCE FROM AgSOC l-AT< T<5 AcTiVE Mes'STRS* *** OF THIS COMPANY WAS ANNOUNCED TO THE MEETING AS HAVING BECOME EFFECTIVE AS OF SEPTEMBER 27, J9S6. TwSY HAVE REQUESTED T -- AT THCIR FEE es THAT OF AN ACTIVE UgVS R AND NOT THAT OF AN ASSOCIATE. 7.--S SeCRETARV AGVlSSO THAT UohnS--ANVI LLE CORPORATION HAD BEEN INFORMED OF article iX - Section or the Const i tut '.thigh states that there shall be no asorationing of annual fees, Tur OCA0 INSTRUCTED THE SECRETARY TO ACViSC THIS COMPANY THAT THE ASSOCIATE `'ember's rats -.-.oulo AP"LY until June 3Q, 1957, inasmuch as their change in status 05 NOT- BECOV.S EFFECTIVE UNTIL AFTER T*- SCNNINC OF THE FISCAL YEAR. v cr Meeting scAib of Directors to Jamuary 23, I9S7 CCRRESrOHOZtJCE At.s'yAsjga G*a':t & Cqmpaw. -- November S4> (956 7WE $EC=ET*AY PRESENTED THIS USSr FOR AN INCREASE IN THE FEE TOR AUDIT FROM $155.00 TO 52:0.00 UPON vOrtCK DULY I.-ACC AND SECONDED, IT WAS UNANIMOUSLY RcSOLVIOx That ti increase in the annual Auotr FEE TO $250.00 SC PAID.. gains* ggA*g Lining SVos. Xb&'h. -- November 22, 19S6 The Secretary r$ao the letter which aovsco that as of December 31, 1S56, the mem bers of the Association were discontinuing the old Association and contemplating seoacANiziThey requested aovice as to whether that portion of their annuau FCE, PAID IN ADVANCE, WOULD 6 6 ALLOCATES TO THE MEW ASSOCIATION FOR THE SIX MONTHS per*oa starting January J4 (957.. Counsel acvisso that the allocation of the fee to the new organization would oc--. PEND UPON WHETHER the OLD ASSOCIATION WAS DISSOLVED, IF THE NEW ASSOCIATION IS TO PERFORM THE SAME FUNCTIONS AS THE OLD ANQ WHETHER THE OLD AsSOC*ATON MEMBERS WERE TO BE MSM5ERS OF THE NEWLY ORGANIZED CROUP, The Secretary was instructed to secure this information. Brake Specialty & Equipment Co.. - January 8, 1957 This cov'panv offered, for an unspecified purchase price, a method developed to simplify the i cent ifjcation of brake blocks. The Secretary was inst rooted to AOV ts 5 THIS C?V"ANY that the INSTITUTE WAS NOT interested. Va, S. ?. Kai:avqvsky - December to, (956 This consulting engineer, preparing a series of six articles for Materials and [.'eTr-00Sr REQUESTED INFORMATION Cn WOW 6TANCAR08 AND SPECIFICATIONS WERE DEVELOPED, WM?T>.B *y OCW S 7TESV ETC.. ALSO AN INDEX OF STANDARDS OR OTHER NTORf'AT 1 ON PH I CM WOULD 6E OF -EL IN THE PREPARATION OF TWS ARTICLES. ~-*S ScC*ST*av V AS AVAILA2LE. INSTBUCTSD TC ADVISE THAT INFORMATION OF THIS NATURE SsttSWAt or LEASE IS NOT ~-`E *rrwlN5 * -S IVF0S?*'E3 THAT THE LANDLORD WAS, UON CXPI RATION OF THE LEASE (N ~ * RIL, =e:-E3T';C an SSCO.CO INCREASE, 8 INC INC. T WE ANNUAL RENTAL TO $3700. He ADVISED --at --IS was at T'-E SATE OF $5.00 PER FOOT row 740 SpUAft FEET. It s CCC'*' *.:: THAT TW SECRETARY INVESTIGATE OTHER LOCATIONS IN 0CR TO CHECK CN *A-S A%2 CC`'P4R*a UlTV. >w>*.- v:ticn :;lv macs and seccnsso, ir **:aS unanimously nSCLV50j( Tk.t the Secretary investigate other LOCATIONS AND *F NOTHING Can 9E SECURED, THAT SHE BE AUTHORIZED TO RENEW THE LEASE u to $3500. V^ f. c or Meeting *. cao or Directors January 23, J9S7 > TRIP TO CAR MANUFACTUSERS AUTHORISED TO CALL UPON THE VARIOUS CAR MANUFACTURERS ESPECIALLY IP ANY WRC TC 'lOCEvLY CEASE f'tLtHG INFORMATION. IN ADDITION, THE PROBLEM Of". THE BRAKE SHOE DRAWINGS COULD ALSO BE HANDLED ON A TRIP OF THIS TYPE* One of the members expressed the OPINION THAT EACH CASE should se wangled AS it ARISES AND THAT THE MEMBERS * REPREG ENT AT IVES, WWO ARC ACCUSTOMED TO CALL UPON THESE COMPANIES* SHOULD MAKE THE APPROACH* NEW BUSINESS The Chairman presented a letter of the Forbes Electric Company, 27-12 White Settlement Road, Fort Worth* Texas to which was attached a catalog ih which F.M.S, NUMBERS APPEARED* Counsel was instructed to rtno our whether this company is 0) A manufactures anq VIOLATING THE COPYRIGHT, (2) A BUYER OF PRIVATE BRAND MERCHANDISE FROM AN INSTITUTE VemSER OR (ij A BUYER OF MERCHANDISE FROM REBUILDERS* * * a * There seino no further business brought before the meeting, upon motion duly maoc .*NO SZCONOCO IT WAS UNANIMOUSLY RESOLVEOs To aojourn AojournEO at 4:00 P*M. H. G* 0USCHK Secretary