Document NGrxv9BLajRL5k7z8QnoBD4zy

Minutes of Meeting of the Board of Directors of National Bead Company held at No. Ill Broadway, New Fork City, on Tuesday, January 26, 1937, at 10 o' clock A, M. teasel ton v </*/ Sj J. 6 oralsh W. H. '-'Toft 0. H. Greene v'V. Kendall Marsh >//' W. r . Meredith -'."Vw F. W. Rockwell yt/ ^* H. G. Sidford * * * * Charles Simon ^ ^ *- G. to. Thompson a. H. T. ft ar show /v ^ Absent: Present by invitation: The Minutes of the last preceding monthly meeting held Upon motion duly made and seconded the actions of the cutive Committee since the last meeting of the Board as set th in the minutes of its meetings held December 29, 1936 January 7, 14 and 21, 1937, submitted for the Board's proval, were duly and unanimously approved, the roll being Ilea on all items involving the expenditure of money. Upon motion duly made and seconded the affixing of :e seal of the Company to sundry documents specified in heaule submitted by the Secretary was duly and unanimously pproved, ratified and confirmed, and said schedule was ordered iled with the minutes of the meeting. Upon separate motions the following resolutions were each unanimously adopted, the roll being called where the ex penditure of money was involved. RESOLVED, that dividend No. 181 of $1.75 per 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, payable from Surplus Fund and Profits on March 15, 1937 to stockholders of record at close of business February 26, 1937. 0000-NLI-000021956 that the sun: of 120,000. be ( it hereby is approp :ted for the construction jf Qgy, Aarenouse at Bt. Louis x/ead 6c Oil *>orks, v touis.branch, in conformity with letter of [' j. n. Gaselton, manager, cared January 23, 1937. Xjv i.l - , tnat t*. authorisation by the ilanu- |faccuring Committee of the expenditurc- of tne jrnet amoun O- yido< 13 ,during txxe oeriod December tc--',r<., [055 to "anuary 2 , 1937, for the purchase of 3 *Ford coupes, 1 Fo d coach, Ford sedans, 6 Chevrolet :c`oupes and 1 Chevrolet coach for Company use, in con formity with report of Mr. F. V.. Rockwell, Chairman, dated January 25, 1937, be and it hereby is approved. I-- t nnoOLVKD, that J. n. Higgins and j. Hawley be and they hereby are designated as authorised signatoaes of the- ot. Louis branch of the Company with respect to the bank accounts of .said Branch with hERCail TILE-COMMERCIAL BxiLK. & TRUST COMPANY of ot. Louis, Missouri, in addition to and with the sarr.e aut xority as the otner individuals authorised with res sect to said bank account by resolution of the executive Committee of this Board adopted January 14, 1957. RL60LVEB, that the President of the Company be and he hereby is authorized and empowered to settle, upon such terms, including further payment by this Company, as ho may deem advisable or expendient, that certain claim of Pittsburgh Plate Glass Company againstthis Company as successor in interest to.is former subsidiary Titanium Pigment Company, Inc., grow ing out of damages claimed to have been sustained by The Chrysler Corporation for allied defective paint furnisx:ed by The Ditzler Corporation, subSIC lcxrv of saij_GQ PittttSsbDuurrghn Plate :c'l1a-scsc .Company, for tne tpaaiinntiinngs of 135o Plymouth cars, as more particularly described in resolution of th^ Board of directors of said Titanium Pigment Company, Inc. adopted October 27, 1936. RESOLVED, that the officers of the Company be and they hereby are authorized and empowered in its name and behalf to sell all or any part, of the 44,900 shares of common stock and 50 shares of preferred stock of Eagle-Ficher Lead Company heretofore purchased, by this Company and now owned by it, in such lots and at such times and prices and upon such terms as the President of th:. Company may from time to time deem advis able, and to execute ana deliver any and all such assignments or otner instruments and to do any and all such things as may be necessary or appropriate to effect good delivery to the purchaser or :hasers of any o: such shares so sold. 0000-NLI-000021957 nedule of documents sealed with the corporate seal, u-k - December 2, 1936 to January 2D, 1937 pancisco - December lb, 1956 to January 15, 1937) Coast Branch Dec. 17 - Bid for furnishing supplies to City and County of San Francisco, for sin months ending June 30, 1937. Dec. 31 - Offer for purchase of assets and assumption of liabilities of Associated Paint & Wall Paper Supply, Inc., wholly owned subsidiary, on liquida tion. Jan. 11 - Contract for furnishing supplies to Oakland Public Schools. Jan. 12 - Contract for furnishing supplies to City and County of San Francisco. rnus 1 Division Dec. 23 - One certified copy each of 4 Directors' resolutions of December 22, 1936 authorizing Division bank accounts. Dec. 28 - Certificate of appointment- of Secretary of State of Connecticut Statutory Agent for purposes of qualification in that State. Affidavit of proportion of capital stock, Certificate of Organizing Authority and Certificate of Business and Agent (.in duplicate) for purposes of qualification in Colorado. Dec. 29 - Statutory consent to service of process on Secretary of State of Kansas for purposes of qualification in that State. Jan. 6 - Certified copy of Directors' resolution of ^November 24, 1936 guaranteeing obligations of Magnus -ietal Corporation ^new company). Jan. 14 - One certified copy each of 3 Executive Committee resolutions of January 14, 1937 revising authority for signatures against Division bank accounts. 0000-NLI-000021958 er Brancn Flaxseed Dent Dec. 29 - Application, preliminat.y tax report, report or officers, etc. certification of statutory resolution and certification of copy of Certificate of Organisation for purposes of qualification in <est Virginia. Dec. 31 - Certified copy of Executive Committee resolution of December 29, 1936 authorizing Division bank account Jan. 7 - Certified copy of Executive Committee resolution of _January 7, 1937 authorizing Branch bank account. 3ill of sale to Halsey Auto Sales Co. of 1934 Plymouth sedan. Jan. 13 - License Agreement with Louisville Drying Machine Co., dated Jan. 5, 1937, in duplicate, with resoect to rotary steam tube drier invention covered by U. S. Patent Aoplication Serial No. 75405 filed ~pril 20, 1936 by Clifford E. Bill, assignor to Louisville, etc. Co. Jan. 15 - One certified copy each of 6 Executive Committee resolutions of Jan. 14, 1957 revising authority for signatures against Division bank accounts. Jan. 14 - Authorizing of Sanders, Childs Bobb & Westcott, et al as attorneys in petitioning for modification of consent to decree of December 27, 1923 in case of U. S. A. v. American Linseed Oil Co., et al (O.S. Dist. Court, Northern Dist. of 111., No. 1490) 0000-NU-000021959 juis Dranch tir ilnna ti crunch jral Office Jan. lo - one certified copy each of two Executive Committee resolutions of Jan. 14, 1937 revising authority for signatures against branch bank accounts. Jan. 16 - Certified copy of Executive Committee resolution of Jan. 14, 1937 re vising authority for signatures against Branch bank account. Dec. 23 - i"roxy for Special Stockholders' meeting of Carter finite Lead Co. to be held Dec. 29, 1936 to act on liquidation. Dec. 30 - Certified copy of Certificate of Organization and-By-laws - for metropolitan Life sns. Co. Proxy for Special Stockholders' meeting of U. S. Cartridge Company to be held Dec. 31, 1956, to act on liouidation. Dec. 31 - Liquidation Agreement and Indenture Transferring Assets dated December 31, 1936, both in duplicate, reliquidation of Carter k*hite Lead Co. as of Oec. 31, 1936. Same, re liquidation of vans Lead Company. Same, re liquidation of U. S. Cartridge Co. Same, re liquidation of Magnus Co., Inc., of Conn., Sa,, Oregon and Wisconsin, The magnus Metal Company of Colorado and Kansas and Magnus metal Co. of Kentucky. Jan. 12 - broxy for Annual Meeting of Share holders of American Lead Corporation to be held Jan. IS, 1937. Jan. 15 - Proxy for Annual Stockholders Meetings of National-Boston Lead Co. John T. Lewis 5c Bros. Co., National uead Oil Co. of Pa., netherill & Bro., Inc., and St. Louis S. 5c R. Co., to be held Jan. 18, 1937. 0000-NLI-000021960 c Branch Jan. 4 - Contract for furnishing white lead, etc. to Department of Purchase, City of New York, dated Dec. 29, 1936, and bond in support thereof, both in duplicate. Jan. 16 - Original hew Jersey bill of sale, in duplicate, for purchase from FittinTally Chevrolet, Inc. of Chevrolet coupe - Branch Car ho. 294. Jan. 20 - Assignment to Fittin-Tally Chevrolet, Inc., in triplicate, of bill of sale . ...of Ford 1935 couoe, Branch car No. 264 Jan. 21 - Certification of authorized Branch signatures on bids and contracts to 0000-NLI-000021961