Document G6REb8JQQYekvMv3NpaGbed24

'r *- V t? fi I ft `I g? ll //rj, K9P9BS 0? MSKTW or n noimi ooMomos or ns GLXtcor o o kf ast t Minutes of nesting of the Ksecutlve Ooaelttee of fhe (Hidden Cceg>any bald at the office of the OooQeay, 1396 Union Co--roe Building, Cleveland, Ohio, on Monday, May 16,199$ at 2:00 P.K. The following neMhsvs of the Oomlttee were presents Dwight P. Joyce John P.Bath Alexander D.Duncan B.V.Nexey . Bobert D. Bor&er During dleeuieiou of the Mnt Division's Ml advertising budget, Messrs. Psal V.Seldhwrdt, Paint Division Oeneral Manager of Trade Sales, T.B.Tumty, Paint Division Advertising Manager, and VlUian D.Elaeel, Jr., Paint Division Sales Presetion Manager, and Mesere. K.B.Ooopcr, floe Presi dent, end Robert Lecfcaer of the Coagsny's advertising agency, MelArm sad fwsalth, vere aleo present at the seating. Mr. Paul X. fitprsgae v*s not present at the meting. Mr. Dwight P. Joyce, Chalvaan, presided and Mr. Robert D.Bornar, Secretary, recorded the nlautes. Mr. Alexanler D.Dunoen, Paint Division flee President, subrtttsd a budget Itenlsing a proposed expenditure of $276,528 for trade Bales national advertising by hie Division daring the first four moths of the Ccapeny's 1956 fiscal year. Mr. Duncan stated that other advert1ing expenditures to be proposed for this period would be Included In a total overall fiscal 1956 Paint Division edvertlslng budget to be presented to the Ccseelttee at a later date. following a sumartsation of the Division's Ml advertising progren by Messrs. Msldherftt, Cooper and Locbner, the budget, as sufcadtted by Mr. Duncan, was, upon 5A/ 1183 notion dalj nads end h o o q M, unanlmusly approved by the Oonlttee. Mr. John ?. fcxth, Vie# President In eherga of the IfltealoeTs- * rigneste-Vetals Mvliioo, lUM ttat 7R Vo. 27-137, which he had pren b M and which ted tews uiwid by the treoutive Connlttee frlday, thy 13, would require an additional expenditure eetlasted Kk between $25,000 al #50,000, which expenditure would be Iwrlufled In a TVS to be enteltted to the OoMklttee oar to the Board of Director* et % later date, covering the Installation of gas reforming equipnant at Bnaond to tupply gas for the thin layer furnace approved by the Ccsalttee aa Iff Vo. 27-137* Upon nettoe duly node sad seconded, approval of Iff Vo. 27-137# with this understanding, waa unenlncusly granted by the pondttee. there being no further business to oone before the Oosslttee, the noetlng was adjourned.