Document MMXybJ7q48RE5keKO6LrL4qmx

Philadelphia, Pa., May 1, lb4. At a regular meeting of the Directors of John 7. hauls a Bros. Company, held thia day at thalr officaa in tha Wldcner Building, there ware present! f.J# W* Gardiner, President S. Beeves, Vies President A* M* Wilson, Vlee President 1*# T. Beale, Director The nesting was sailed to order by Mr* J* W. Gardiner, who presided, and Mr* A, M* Wilson reported the aiautee of the nesting* The minutes of the nesting of April 17, were read and approved* Mr. Reeves subedited a CAR, in the anount of #2,889*00, to eovtr the purchase of a two-ten eleetrie platform truck for our Oxide Department The platform trueka ehioh we now have in operation are completely depreciated and it is found that more and moro tin# is required to keep then in sffiolsat operation, whloh accounts for tha current, vital naad for one replacement* On e motion suds by Mr* Gardiner, and seconded by Mr* > T. Beale, It was unanimously decided to submit this CAR te Rev fork for approval* Mr* Raavoa submitted a CAR, in the amount of #5*850*09 to cover the installation of oembuetlon controls in our power house* It is estimated there will bo a saving of #809*00 per year la fuel, as well aa wages of one additional engineer aa proaoat require ments for steam la the plant aro greater than that which can be maintained under the present method of operation. On a notion amide by Mr* Gardiner, mad seconded by Mr* 1>* T. Beale, it was unanimously decided te submit this CAR to Row York for approval* Mr* Reeves submitted a CAR, in tba amount of #5$5,0tk*00, te eover the rebuilding mad modernisation of our linseed Oil Refinery* This amount includes the installation of equipment for preeeeeiag linseed olio which we arc net new la a position to manufacture, la lfvj, our present Refinery produced te capacity and we turned down profitable business* It is sstinated that the potential profit in the new Refinery earn be #190,000 per year, on the basis that this company Is to maintain and Improve its pealtlen la the vegetable ell field* On a motion made by Mr* Wilson, and seconded by Mr. 1. T* Beale, it was unaimouely decided te submit this CAR to Hew York for approval* NL 000040897 Mr* Gardiner complimented Mr. George Watt* on fch* preparation of a email handbook severing the varies* Gored Solder* mana~ faotured la omr Philadelphia plant* fhl* handbook 1* designed te kelp metal tales representative* in the sale of thee* Solder*. The regular report ef deliver!*! for the week ending April 2d, submitted bp Mr* Wllaon* there being ae farther bueineae, upon motion the meeting adjourned. Seerutary. 1 000040898