Document J3VJ216z0py23Rpxe0xaoKD2K

NOV \ 7 1932 ; O JL^ W -* v Oo w w . CLSPrZLAJETD. OHIO | Asv^S~&tl ft $4*0 Cleveland, Ohio. Boveabwr IS, 19S2 E. 0* Dn ft Co, Cleveland, Ohio. Attention Mr. Boas. Dear Mr. Boast* Thia la to notify you that we would Ilka to changw our systea of ratings for The Sherwin-Villians Co. and ita allied coapaniws, is to The Shenrin-Wliliaaa Co., it trill he unnecessary heroafter to show a rating for at? of ita branches, warehouses or stores. It will be sufficient if the parent eoapany appears lu the rating hook wader Cleveland, Ohio. This applies also to The Sberein-Villlass Co., Boston, Mass. 9m dhorwin-lllliaB* Co.of California 9m DtMrvifrAHlllaas Co.of Qeorfia Ihs Sherwln-Wllllaa* Co.of Oregon, and The Mherwiw-Villiaes Co.of Texas, which sen all be eliminated free the rating book. Be are delivering to you herewith a balance sheet of the Acne White lead A Color Works, Detroit, Mich., the *artln-Senour Cf Chisago, 111., and Lowe Bros. Co., Dayton, Ohio, as of Asgaet 81, 1988. Each of these state* wentO| no doubt, entitles that eonpug to tha boat rating bath aa to capital and aredit. Tbs companies should be listed aa at Detroit, Chicago and Duytoc, respectively. is you stated to e, you have already been advised that The SherwiaWilliaas Co. st no tine assuseC agy responsibility for aiqr obligations of John Lucas A Co., Inc. ss this oonpeuy ia not entirely owned by The 8harwln-Williana Co., its interest being restricted to the holditg of its Coeaon 8took. In accordance with our conversation ws new wish to cancel the resolution that we furnished you in October, 1988, according to which resolution The Shervin-Willises Co, gave B. G. Ain A Co. for their records, assurance that * Tha Shersin-WilUuw Co, was mponaiblo for all dabtg and contract of the coa- psniws above aentloned, with tbw exeeptioa of John Duces ft Co., Inc. - M" --,*1 I III IS IMS Iii.ew. I ...esfco^osi T * will you accordingly plaaso acknnwlsdgs receipt of this letter by returning to us with >our signature the enclosed duplicate copy? T Of*. A 0007-SWP-034442 Cleveland, Ohio. Koveaber 15, 1932. R. G. Dun & Do. Cleveland, Ohio. Attention Mr. Boas. Cwr Mr. Hoss*- This is to notify you that we would like to change our system of ratines for The Sharwir>-WIliinas Co. and it allied companies. is to The SherwLr.-Wllliama Co., it *111 be unnecessary here after to show a rating for any of its branches, warehouses or stores. It will he sufficient if the parent coapaqy appears in the rating book under Cleveland, Ohio. This applies also to The Sherwio-Iilllas* Co., Boston, **aae. The Sberwin-lTilliaas Co.of California The Sberrin>Villlaaui Co.of Georgia The Sherwin-Willlaas Co.of Oregon, and The oherwio-*111iaas Co.of Texas, which can all be eliminated from the rating book. 9e are delivering to you herewith a balance sheet of the Acae White lead & Color *orke, Detroit, Mich., The Martin-Senour Co., Chleago, 111., and Lows Bros. Co., Dayton, Ohio, as of August SI, 19S2. Each of these state ents, no doubt, entitles that eoap&ny to the best rating both as to capital and credit. The conpanies should be listed as at Detroit, Chicago and Dayton, respectively. As you stated to me, you here already bean advised that The SherwinWilllaas Co. at no ties assuaed ary responsibility for ary obligations of John Lucas & Co., Inc. as this company is not entirely owned by The Sherwln-Willlajs# Co., its interest being restricted to the holding of its Coaaon Stock. In accordance"with our conversation we no* wish to cancel the resolution that we furnished you in October, 1928, according to which resolution The Shemin-iUljUas Co, gave ft. G. ftin ft Co. for their record*, AMuranc* that The Sher*In-William* Co. was responsible for all debts and contract of the com panies above aentioned, with the exception of John Lucas ft Co., Inc. Will you accordingly pleas# acknowledge receipt of this letter by returning to us with your signature the enclosed duplicate copy? 0007-SWP-034443 lours eery truly, THE ShSRVIB.WILLIAMS CO. Tran surer. 0007HSWP-000110281 BALANCE SHEET ACME WHITE LEAL & COLOR SORES AHD SUBSIDIARIES August 51, 1952. mm Cash oo band and in backs Accounts Receivable, Laos Reserves Botes Receivable S-W Co. Treasury Account Detroit White Lead Berks Account Inventories Plant, Factory & Warehouses - Depreciated Investments Deferred Charges Other Assets LIABILITIES Accounts Payable Accrued Liabilities Reserves Capital Stock Surplus 185,059.42 732,258.84 24,518.48 4,409,784.44 643,154.79 1.458.208.52 2.527.945.52 98,255.98 74,530.75 ___ ggfl?8-g<L 10.165.984.71 58,587.87 8,141.12 88,091.20 100,000.00 9.929.144.82 0007-SWP-034444 N24245.01 0007-SWP-000110282 BALANCE SHOT TEE aSARTIB-SElCKra C014PAW August 51) 1952. mgas Cash onhand and la banks Accounts Receivable Notes Receivable 3her*in-WilliaBa Co. Account Inventories Plant Depreciated Other Assets 56,569.11 582,047.14 19,296.0 47^,771.58 421,285.90 526,684.40 SJ5A7-.Q9 Accounts Payable Reserves Capital Surplus 12,172.91 28,704.49 1,650,000.00 --------hSXh&L 1,689,091.22 0007-SWP-034444A N24245.02 0007ISWP-000110283 BALANCE SHfET THE LOT.E BROS. CO. AND SUBSIDIARIES August 51, 1982. ASSETS Cash on Hand aad in bank Account3 Receivable Potes P-ecaivsbla Inventorloa Plant Depreciated Shanrla-Iilliaas Co. Account Investments Deferred Chargaa Other Asset* 227,547.84 601,155.87 97,105.45 708,794.55 1,750,802.74 1,777,848.28 50,127.50 92,860.78 52.960.28 8,819,181.08 Accounts Payable Accrued Liabilities Reserves Capital Stock Surplus 17.579.28 67,535.80 85,094.65 100,000.00 5,030,973.52 8,519,191.06 0007-SWP-034444B N24245.03 00074SWP-000110284