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Aaarleaa Caramle Society, Id o . Asacoada Copter Hlolng Company Aree Si* Cast 4 Uatal Co.
Cclumbua, Ohio Butt*, Host, Detroit, J4ich*
3 26.CO 426.64 5.66
31rk*n*t*lB, Oacrge Co. 2rceka, G. S.
Chisago, 111. 1m Sail*, in.
560.06 169.70
Ceatldy, *n, !. Tire 4 Auto Supply Co.
Chicago, 111.
Chapin 4 facia
(Claim)
Chicago Atilretd Freight CoUooties M'n Chicago, XU*
Co btaleer Co*
Tan "art, Ohio
1.00 76.42 236.96 364.95
fit Harp aad Sougharty Co. Du Pont da Neacuri 4 Co., . I.
Chicago, 111. Vi linington, Dal.
62.X 1,706.11
Croat Northern Ballnay Co,
(Claim)
6.70
International Smaltlag aad Raflnlos Ce
Maw fork, N, T.
106.X
Elraebaar, C, G, Co.
Chicago, 111,
1.33
Ithigfc Talley Railroad Co.
(Claim)
19.50
Robartaoa, H. H Co.
Chicago, 111.
5.X
b blllod wfeftn rooflfi^ job 1* eosplotod)
St. Loula Waete Hatarlals Co. Sv 'aid Oil Co. Sau--y Xployeea
Port Worth, Taxaa Chisago. 111. Saat Chicago, lad.
1,200.x
26.X 6*0.77
Taxes Co.
Chicago, 111.
4.X
1-35 fiA'-'n
6 25.X 425.54 5.56
560.06 137.70
l.X 239.96 364.95
62.X 1,772.11
106.X
l.X 9.X
S.X
1.2C0.X 26.X
640.77
4.X
Ch-cO DAiS
3 14.X .50 .75
SL-90 SA^S
3 6.X 3.X
I 01^23
6.75
I 5,991.96 * 5,505.X
* 15.25
* 9.X
3 2.17
Aaaooada Ccpp*r Mining Co, International Smaltlag aad Refining Coi* freight Claim* Sundry faplayeee
Others
Butta, Montana Niw YozK| N. 7*
$ 425.54
ioe.x
101.62 640.77 4.417.97
$ 5,091.96
4 425.54 106.X 9.X 640.77
4.403.9?
1 5.SS.X
* 1.25 14.X
9 15.25
? S.X
3 =2.17
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PNYC00007362
14 r
The Chairman presented to the mooting statements of get ' Income and of Hat Current Assets, estimated as of September 30,1946, which on motion duly made and seoonded, were approved and ordered placed on file.
was:
On motion duly made, seoonded and unanimously adopted, it
RESOLVED, that the action the Officers of the Company
In approving the following Appropriations be and the same hereby Is ratified, approved and confirmed:
Jto-
480 I 164
neacrlPtlon
Conorete loading platform for Baker Trucks at Perth Amboy.
Drilling a third deep well near 4orvolr la Pins canyon and purchasing and installing new pump for well at Tooele Plant
Amount dl9.038.00
8,150.00
There was presented to tbs meeting the contract of sale
between the Company and the Eagle-Pioher Company ezeouted September 27, ^.946 covering the sale and transfer to the Eagle-Pioher Company of a
parcel of land on which tbs Company's East Chicago, Indiana, Plant is located, together with all buildings and Improvements thereon, all fix tures, accessories, machinesnd machinery, lead and zinc bearing materials, Aiatarlals^and supplies. Items made especially for the East Chicago Plant, Items now?order by the Company and the assignment to the Eagle-Picher bompany of the Company's 0. s. Patents Bos. 2,156,420 and 2,174,559 for a
consideration of $988,000 subject to any mutual revision upon the comple tion of tbs Inventory ofmaterlals and supplies, which amount Is to be paid jas follows]
I a. $500,000 was reoelved from tbs Eagle-Pioher Company upon the txeeution of the contract.
b. $475,000 is deposited in the Guaranty Trust company of Sew York to be paid over totbe Company upon the delivery to and acceptance by the Eagle-Pioher Company of a dead and abstraot of title cover ing the realty lnoluded in the oontraot of sale.
o. Balance of purchase price tob* paid in oash by the Eagle-Pioher Company to the Company on or before delivery and acceptance of the dead.
Water_rates, power bills, real estate and personal property taxes willbe apportioned as of Oetober 1, 1945 apd fire insurance on the oulldlngs now In effect shall be maintained by the Company until the clos ing of the title.
After discussion it was on motion duly made, seconded and inanimously adopted;
RESOLVED, that tbs President or Vlas President and Saorstary or Assistant Secretary ba and they hereby are author ised and empowered on behalf of the Company to execute and de liver to the Eagle-Flcher Company a deed of the following j described real estate belonging to ths Company located in East ! Chloego, Indiana:
PNYC00007363
N14413.01
constituting the antlre Board.
The President, Ur. Cornelius P. Kelley, actod as Chairman of the meet lng, sod the Secretary, Ur. E. 0. Sowerwlne, acted as Secretary.
The minutes of the regular meeting of the Board of Directors held on
September 22, 1936 end the Special Ueeting held on October 1, 1936, were reed,
and on motion duly made and seconded, unanimously approved.
The Chairman presented to the meeting statements of Set Income and of
Set Current Assets, estimated as of September 30, 1936, which on motion, duly
made and seconded, were approved and ordered piace^ on,file.
On motion, duly made, 6-wu,,dd and carried, it was
RESOLVED, That the action of the Officers in approving the following
appropriations be, and the same is hereby ratified, approved and confirmed:
fa) *2,167.00, for repairs to the East Chicago Office Building.
(b) *3,000.00, for the Installation of a new pump at Perth Amboy.
The Chalraan stated that the next business to come before the meeting
was a proposal to dissolve Anaconda Lead Products Company, a wholly-owned sub
sidiary of the Company, liquidate tte affaire and distribute and transfer all
of Its assets and property to its stockholders. In complete cancellation or
redemption of all of Its capital stock*
After discussion, and on motion duly made and seconded, the following
preambles and resolution were unanimously adopted:
WHEREAS, this Company la the owner of all the outstanding capital stock of Anaconda Lead Products Company, a Delaware cor poration; and
HEREAS, in the opinion of this Board of Directors it is ad visable to dissolve said Anaconda Lead Products Company, distribute '.all of its assets to its stockholders and liquidate Its affairs:
HOW, THERETOSB, BE IT RESOLVED, that the' proper officers of this Company be and they hereby are authorised and directed to take such' action on behalf of this Company as owner of all the outstand ing capital stock of Anaconda Lead Products Company as may be neces sary or required under the laws of the State of Delaware to dissolve said Anaconda Lead Products Company, liquidate Its affairs and dis tribute and transfer all of its assets and property to this Company in complete cancellation or redemption of all the stock of said Anaconda Lead Products Company.
On notion duly made and seconded, the following resolution was unani
mously adopted:
WHEREAS, Mr. Willis T. Burns has been Manager of the Raritan Plant of this Company slnee 1926, and prior thereto had been In the employ of Anaconda Copper Mining Company for more than thirty years, and because of physical disability has requested that he be transferred to the re tired list: and