Document MoXbvZKnaL9NxL4BB0KwB58k9

'.inutes of the Meeting of the Board of Directors 12 - June 17, 1975 The Secretary brought up for discussion the fact that a Congresswoman froaa Jew Jersey (Mrs. llillicent Fenwick) has proposed legislation for the sale of Cnrysotile asbestos from the national stockpile. Some individual asbestos users and the Asbestos Information Association supported Mrs. Fenwick in this legislation. The purpose of the legislation is to help industry reduce un employment brought on by the asbestos shortage. The number of tons that might be released is about 10,000. It is not felt Chat this is really significant but in any case its release cannot hurt. The Secretary was directed to write a letter to Mrs. Fenwick in support of this legislation. AMUUAL MEETIHG COMMITTEE Mr. Drislaae read the report for the Chairman of the Annual Meeting Committee, Mr. Barton. See Exhibit 14. In summary, the report recommended a return to Innisbrook in June 1976, and if that was not satisfactory, the Phoenix-Scottsd&le area. _ - Upon motion duly made, seconded and unanimously passed ic was r.ESOLVED: That the report of the Annual Meeting Committee be accepted as written. HISTORICAL SALES REPORTING The Secretary read a report on Historical Sales which is Exhibit 13. In essence, participation was good with 15 of 19 neobers reporting. The reporting has been moved to a quarterly basis as of March 31, 1975. (This was decided at the 3oard of Directors Meeting on March 13, 1975). Immediately prior to the meeting, the accountants advised that the March 31 report was ready and would be distributed to the membership. At this point, the subject of listing those reporting in each category was brought up._ At the present time, the names of the companies reporting in at least one category are listed at the bottom of the report, and the number of companies (but not the names) reporting in each particular category also is listed, e.g., X number of members reported brake linings, f number of mombers reported brake blocks, etc. It had been suggested that the names of the metiers reporting ir. each of these categories also be listed, so that the composite sales figures in each category will be more meaningful. The objection to listing the members reporting in each category is that the Institute must be careful if sales date is passed out to members. It is apparent that if only two members v;ere reporting in a category one member would know the quantities of the other reporting member. At a level of three reporting, one might get a pretty good handle. At four and above the dat2 probably could not be broken down. to individual members. Legal Counsel was queried concerning this problem. He indicated that there should be no problem if at least four were reporting in each category. Upon motion duly made, seconded and unanimously passed it was r.ISDLVID: That the board of Directors recommends that the Historical Sales Deport list the names of those reporting in each category when there are at least four reporting in that category. pj