Document MM7nXXm5qK7NJrJdVDazjkJYa

Minute-s- of Regular Meeting of the Board of Birectors of National Bead Company held at No. Ill Broadway, New York City, on Thursday, January 25, 1934, at _11:15 o'clock A.M, Present: Messrs. Beale, Beschorman, Carter, Cornish, Croft, Meredith, Rockwell, Sidford, Taylor, Thompson and ^arshow. Absent: Messrs, b . f . Beale, Caselton and ^arsh. Mr. Cornish, Chairman of the Board, presided. The minutes of the regular monthly meeting held December 21, 1933, were read and duly approved. Upon motion duly made and seconded the actions of the Executive Committee since the last meeting of the Board as set forth in tne minutes of its meetings of December 28, 1953, January 11 and January 18, 1334, submitted for the approval of the meeting, were duly and unanimously approved, the roll being called on all items involving the expenditure of money. upon motion duly made and seconded the affixing of the seal of the Company to various documents as enumerated in schedule submitted by the Secretary was duly and unanimously approved, ratified and confirmed and said schedule ordered filed with the minutes of the meeting. On separate motions the following resolutions were each unanimously adopted, the roll being called wnere the ex penditure of money was involved. RESOLVED, that Dividend No. 169 of 1.75 a share on the Class A Preferred Stock of the Company and/or the Preferred Stock authorized prior to April 21, 1927, and still outstanding, be and it hereby is declared, pay able from Surplus Fund' and Profits on March 15, 1934, to stockholders of record at close of business March 2, 1934. 0000-NLI-000021883 RESOLVED, that the action of the officers of the Company in executing and delivering in its name and behalf that certain contract with Vietherill Sc brother, a Pennsylvania corporation, and At el P. Wetherill, dated Eecenber SO, 1SS3, for the purchase by this Company of all the assets (other than real estate and cash), business and gooa will of said Vietherill i Brother for a sum equal to the value, determined asspecified in said contract, of inventories anc accounts collectible plus the sum of 50,300., and upon the further terms and conditions specified in said contract, be and it hereby is and said contract is in all respects approved, ratified and confirmed; and that- said officers be and they hereby are authorized, empowered and directed to take any and all such steps as they may deem necessary or expedient to consummate the transaction therein contemplated. RESOLVED,- that the sum of 5656.59 be and it hereby is appropriated for repair of December 1353 fire damage at Bradley .vorks, Atlantic Branch, in conformity with letter of Mr.'fi. G. Siaford, Manager, dated January 22, 1334. REDOLVED, that the sum of 1906. be and it hereby is appropriated for the purchase, installation and housing of additional equipment for the production of "Standoil" type linseed oil at Atlantic Works, Atlantic Branch, in conformity with letter of Mr. ihomas E. Kearns, General Superintendent, dated January 2-1, 1954. .oESOLVED, that the sum of 769. be and it hereby is appropriated for purchase of steel kettle for Berth Amboy Metal department, Atlantic Branch, in conformity with letter of Mr. Ihomas E. Kearns, General Superintendent, dated January 19, 1954. RESOLVED, that the proposed expenditure of the sum of 61205. by Titanium Pigment Company, inc. for lead lining two wooden filtrate tanks at its ot. ouis riant, in conformity with letter of Mr. 0. Garescne, Vice President, dated January 24, 1934, be and it hereby is approved. RESOLVED, that the proposed expenditure of the sum of 310. by American Dead Corporation for the purchase and erection of a wire fence to enclose its Indianapolis property, in conformity with letter of Mr. Max Robbins, uanager, dated January 11, 1934, be and it hereby is approved. RESOLVe D, that the sum of 214,505.35 be and it hereby is appropriated for General Office, Branch and Department sales promotion expenditure for the year 1954, to be allocated in general conformity vvitn corresponding expenditures during the year 1355. 0000-NLI-000021884 Schedule of documents sealed with the corporate seal from December 22, 1955, to January 24, 1954- Approved by Directors January 25. 1S54. Cincinnati Branch Pacific Coast Branch General Office Atlantic branch Proof of debt and power of attorney in re General Publications Co., bankrupt. .application in duplicate for 1S34 renewal of permit to use specially de natured alcohol at 2240 - 24th street, San rrancisco, and certified copy of Executive Committee resolution of August 15, 1952, specifying officers authorized for that purpose. Agreement witn Aetherill oc brother and Abel P. ^etherill dated December 50, 1933, in duplicate for purchase of assets (otner than real estate) and good will of former, etc. Proxies for Annual Stockholders aeetings of American Lead Corporation, Evans Lead Co., John T. Lewis & Bros. Co., National Lead Oil Co. of Penna., National-Boston Lead Co., St. Louis Smelting & defining Co. and United states Cartridge '-o., to be held January 15, 1954. Two powers of attorney for trade mark registration in Union of c-outh Africa. Proof of debt in re J. mo s s & Sons, Inc., bankrupt. Bid on white leaa and linseed oil for New iork City departments. 0000-NLI-000021885 \