Document NdkRp53d0R6kErm75DpR2qjD

Lead Industries Association, Inc. 292 Madison Avenue New York, N. Y. 10017 Telephone: (212) 679-6020 MINUTES Meeting of Beard of Directors Lead Industries Association. Inc. December 3, 1969 Subject to Revision By direction of the Chairman, and in accordance with notices of August 21, and November 21, 1969, a meeting of the Board of Directors of the Lead Industries Association, Inc., was held on Wednesday, December 3, 1969 in the Association Board room, 292 Madison Avenue, New York, N.Y. Directors Present Representing Simon D. Strauss, Chairman I, L. Barker (Representing Ivor Thompson) J. Bers John R. Englehorn W. Gc Hewitt J. 3. McCullough C. F. McGraw L. J. Randall John F. Rittenhouse T. M. Smylie W. Allen Taft, Jr. W. J. Veenis (Representing Herbert M. Weed) H. J. Whitson W. ?. Wilke III American Smelting & Refining Co. Cerro Sales Corp. Bers Sc Co. St. Joseph Lead Co. The Bunker Hill Co. American Metal Climax, Inc. The Eagle Picher Industries, Inc. Hecla Mining Co. C & D Batteries The Ethyl Ccrp. E. I. du Pont de Nemours & Co. Anaconda Sales Co. National Lead Co. Hammond Lead Products, Inc. GUESTS Aubrey Fletcher Wm. Mann D. W. Pettigrew Broken Hill Associated Smelters Proprietary, Ltd. (C. Tennant, Sons Sc Co.) National Lead Co. Zinc Institute LIA STAFF L I AC2C0 Board of Directors Meeting Minutes -2- Chairman Strauss presided and Mr. Borcina served as Secretary. (1) CALL TO ORDER The meeting was called to order at 1:45 P.M. (2) ATTENDANCE The presence of twelve directors constituted a quorum for the transaction of business. The Secretary presented a copy of the notice of meeting and agenda which had been mailed to each Director, as provided in Section 4,,03 of the Corporation's By-Laws. The copy was ordered filed with the minutes as Appendix "A." (Sent to Directors on November 21, 1969). r (3) MINUTES OF PREVIOUS MEETING In the absence of comments, the minutes of the meeting held on April 14, 1969 in Chicago, 111. were ordered approved as circulated. (4) RESIGNATION OF DIRECTOR R. J. HOPKINS The Chairman reported that Mr. R. J. Hopkins had sub mitted his resignation from the Board of Directors of the Lead Industries Association, Inc. effective July 31, 1969, the date of his retirement from his company, The Broken Hill Associated Smelters Pty. Ltd, The Chairman then stated that Mr. Hopkins' letter of resig- \ nation to the Executive Vice President requested that he "convey to LIhC209fc Board of Directors Meeting Minutes -3- the LIA Board of Directors and to those members of the staff with whom I have been associated my warm thanks for their friendship and many kindnesses to me over the years and ray very best wishes for a happy and prosperous future. I would like particularly to thank you Jack, and Dave Borcina, for your friendship and help at all times." A motion was thereupon made, seconded and unanimously carried requesting the Secretary to inform Mr. Hopkins that his resignation was accepted with sincere regret and also to convey to him the Directors' appreciation of his past cooperation and efforts in behalf of the Association and the lead industry at large. (5) THE 1970 BUDGET REVIEW At the request of the Chairman, the Executive Vice Fresident and Secretary presented the budget proposal for 1970 in detail. The Secretary reported that the Industry Development Committee reviewed the proposed 1970 budget at its meeting on November 13, 1969 and recommended its approval as per the minutes of that meeting, Appendix "B." (Sent to Directors on November 21, 1969, attached to the agenda.) LI02097 Board of Directors Meeting Minutes 4 General and Industry Development Programs After some discussion the following changes were made in the recommended 1970 budget: 1. Delete $2,400 recommended for Health Insurance as an allowance for this amount is included in Salaries. 2. Delete $7,500 recommended for the Cable advertising program and add a like amount to the Advertising Space Production in the remaining advertising space programs. 3. Delete $10,000 recommended for the Detroit Field Man- Feasibility Study. Health and Safety Program The Secretary suggested that a 1970 assessment of $125,000 for Health and Safety activities be established based on the follow ing expenditures: Public Relations, Hill & Knowlton (Minimum) $ 48,000 N. Y. City Epidemiological Study * 25,000 Facts about Lead and Pediatrics (Second printing) 15,000 Childhood Lead Poisoning Movie * 10,000 Kettering Abstracts 10,000 1969 Deficit 15,000 $123,000 Previously approved by the Board of Directors. LI *f 20 9 5 Board of Directors Meeting Minutes -5- The Executive Vice President reported that this program is carefully monitored by the Board's Health and Safety Public Relations Committee, Messrs, Strauss, Englehorn and Unwin. After discussion, no changes were made in the suggested budget. The Chairman then pointed out that the program has con tinued through 1969 at a level of expenditure of $75,000 a year but that no additional funds had been raised for Health and Safety activities since 1967 when a fund of $206,000 was established. He further reported that these funds were provided the Association on the basis of 85 per cent from the pig lead sellers and 15 per cent from all members. He stated that the Health and Safety problems are the concern of all members and suggested that funds for this program be subscribed to by all members on a more equitable basis. Further, that the funding be made on a regular assessment basis rather than a special assessment as had been done previously. (6) BUDGET APPROVAL AND 1970 ASSESSMENTS At the request of the Chairman the Secretary then presented the 1970 recommended budget and rates per ton incorporating the actions just taken as follows: LI * C 2 0 9 c Board of Directors Meeting Minutes -6 1970 Budget * Administrative & Technical Service Advertising, Publications and Related Promotion Zinc and Lead International Service (ZALIS) Motion Picture Distribution New Programs Health and Safety Miscellaneous and Contingencies $352,800 398,460 15,400 12,500 13,000 125,000 31,400 $948,560 * Details attached as Appendix "C" Classification 1970 Rates Per Ton Mining Smelting & Refining Manu fac turing Assembled Articles Pig Lead Sales in U.S. con $ .21 .09 .05 1.05 On motion made, seconded and carried with one abstention, the 1970 budget and rates per ton as outlined above were approved. (7) LIA POLICY AND PROGRAM ON CHILDHOOD LEAD POISONING The Chairman reported that the Board's Health and Safety Public Relations Committee had approved the recommendations of the LIA lead pigment manufacturing members relative to an Association policy on childhood lead poisoning, to include the following: 1. A policy statement. 2. A statement for presentation to legislators considering ordinances restricting the use of leaded paints for exteriors. 3. Recommend to legislators and others the Philadelphia ordinance which has proved effective. L1a C2i 0c Board of Directors Meeting Minutes 7 The Chairman stated that copies of these are available upon request to the Secretary. (8) ATTENDANCE AT ANNUAL MEETINGS It was agreed that attendance at the annual meeting hereafter be limited to member company representatives, repre sentatives of companies belonging to related Associations, such as the Zinc Institute, ILZRO, American Association of Battery Manufacturers, and by invitation of the Executive Vice President. (9) NOMINATING COMMITTEES FOR OFFICERS AND DIRECTORS The Chairman requested and received the Board's approval to appoint nominating committees for officers and directors. (10) APPROVAL OF AUDITORS On motion made, seconded and carried unanimously. Peat, Marwick, Mitchell & Co., was approved as Auditors of the 1969 accounts of the Association. (11) LOCATION OF FUTURE ANNUAL MEETINGS The Secretary reported on the location and dates of future annual meetings as follows: Board of Directors Meeting Minutes 8 April 8-10, 1970 Chase-Park Plaza Hotel, St. Louis, Mo. April 5-7, 1971 Drake Hotel, Chicago, 111 1972 (Tentative) St. Louis, Mo. 1973 (Tentative) Toronto, Ont., Canada It was reported that there was some dissatisfaction with the locations and arrangements for annual meetings and it was suggested that the membership be polled in this regard at the April meeting in St. Louis. (12) ADJOURNMENT In the absence of other business to come before the meeting, it duly adjourned at 4:10 P.M. Respectfully submitted. January 5, 1970 David M. Borcina Secretary, Treasurer APPROVED: Simon D. Strauss, Chairman DMB:lm Att: APPENDIX "C" LJ*021o? Lead Industries Association, Inc. 292 Madison Avenue New York, N. Y. 10017 Telephone: (212) 679-6020 November 21, 1969 SUBJECT: NOTICE OF MEETING AND AGENDA To the Board of Directors of the Lead Industries Association, Inc.: Dear Sir: As announced, under date of August 21, 1969, there will be a. meeting of the Board of Directors starting at 2:00 P.M. on Wednesday, December 3, 1969 at the Association's headquarters. Arrangements have been made to hold a joint luncheon of the LIA and Zinc Institute Boards at 12:00 noon on the mezzanine floor of the Les Champs Restaurant, 25 East 40th Street, N.Y. If you have not yet done so, please let us know if you plan on attending the luncheon and/or Board meeting. An agenda follows: AGENDA 1. Approval of minutes of previous meeting held on April 14, 1969. 2. Consideration of administrative and promotional budgets for 1970 as recommended by the Industry Development Committee on November 13, 1969. Attached hereto are the minutes, including Exhibit "A" of that meeting summarizing their recommendations. 3. Consideration of the Health and Safety Public Relations Program. A report and recommendation by the Health and Safety Public Relations Committee of the Board will be presented. VJ LItO177? N 756.01 To the Board of Directors of the Lead Industries Association, Inc November 21, 1969 4. Adoption of an LIA policy and Program on Childhood Lead Poisoning (Recommended by the lead pigment manufacturing members) 5. Authorization of assessments for 1970. 6. Report of Executive Committee relating to attendance at LIA-ZI annual meetings. 7. Authority to appoint nominating committees for officers and directors. 8. Approval of auditors. 9. Location of future annual meetings. 10. Other items for discussion. Sincerely DMB:so Att: November 13, 1969 IDC Meeting Minutes, Including Exhibit "A" David M. Borcina Secretary, Treasurer O e APPENDIX "V Board, of Directors Meeting December 3, 1969 Table I -1- A - C-rcs; Budget. Income, Expenditures - Balances i960 - 1969 Approved Budget Income Assessments Other Total Expenditures Operating Reserves Year-end I960 1961 1962 1963 1964 1963 1966 1967 1968 1969(est) $374,450 36y,35C 461,000 433,125 622,700 699,162 826,650 913,700 841,905 924,675 $371,963 340,545 471,560 391,248 515,169 643,345 812,896 878,340 623,852 806,500 $3,818 4,460 4,660 6,l4i 6,033 5,371 12,899 17,574 31,519 12,500 $375,781 3^5,005 476,220 397,389 521,202 648,716 825,795 895,914 655,371 819,000 $332,944 319,624 412,133 459,477 567,754 685,139 739,739 753,253 818,402 900,475 $154,385 179,766 243,853 181,765 135,213 98,790 184,846 327,507 164,476 83,001 Of income, the special assessment for Helath and Safety accounted for $96,657 m 1966 and $206,087 in 1967. B - Rates m <j per ton Mining Health & Regular Safety 1960 1961 1962 1963 196k 1963 1966 1967 1968 1969 ) 20 12 16 16 16 16 16 16 16 20 2M u.28 Membership Manufacturing & Smelt. & Refin. Health & Regular Safety 54 3 U 4 4 4 4 .64 4 1.2 4 5 Assembled Articles Regular Health & Safety 3* .6 Industry Development Pig Lead Sales Regular Health & Safety $.42 52 65 54 .80 1.05 1.10 .91 .90 1.17 ll* LI CC210I- N 756.02 ( APPENDIX "c" Board, of Directors Meeting December 3, 1969 2- - Tabie LI - 1969 Income and Disbursements Balance, January 1, Income 1969: Membership Pig Lead Sales Miscellaneous 1969 $164,476 123,500 683,000 12,500 $983,476 Estimated Expenditures 900,475 Balance, January 1, 1970 (estimated) $ 83,001 (a) (a) Includes a deficit of $14,538 in the Health and Safety Public Relations Program. Ill - Approved and Recommended Expenditures! - 1969 - 1970 A - Administrative & Technical Service Salaries Payroll Taxes Pension Premium Business Insurance Group Insurance Rent, Travel & Expenses Annual & Committee Meetings Professional Fees Printing & Office Supplies Telephone & Telegram Postage & Express Subscriptions - Books & Periodicals Furniture & Equipment Office Services Technical Association Dues Miscellaneous Total Administrative Approved 1969 $198,000 7,500 18,000 1,500 2,500 16,500 45,000 3,500 5,000 6,000 6,000 7,000 800 2,000 8,000 1,000 2,000 $330,300 Estimated 1969 $198,000 7,500 14,000 1,500 2,000 18,000 40,000 2,500 4,500 6,000 6,000 7,500 800 2,000 6,500 700 1,000 $318,500 Approved 1970 $217,800 9,000 16,000 1,500 2,500 24,000 40,000 3,000 5,000 6,000 6,000 7,500 800 5,000 7,000 700 1.000 $352,800 j LI AC210*- Table III - (Continued) B - Advertising, Publications & Related Promotions Agency Fee External Public Relations Advertising Space Production Architectural & Construction Cable Industrial Batteries Pigments & Chemicals Other Product Prom. & Design "Lead" Magazine Conventions & Exhibits 2N-75 ILZRO Car Lead Abstracts Reprints of Technical Articles Test Programs Illustrations & Photography APPENDIX "c" Board, of Directors Meeting December 3, 1969 -3- Approved 1969 Estimated 1969 Approved 1970 $ 74,500 $ 79,800 $ 80,000 (included in Agency Fee) 21,600 25,000 32,200 81,900 74,700 64,360 20,700 17,700 - 51,200 56,900 64,200 22,700 22,700 19,100 54,800 54,900 46,600 40,000 42,000 45,000 20,000 21,000 15,000 4,000 4,000 - 14,000 14,000 16,000 10,000 7,500 10,000 10,000 - 5,000 3,000 1,000 1,000 $428,400 ZALIS & Special Studies Study on off-the road electric vehicles Detroit Field Man-Feasibility Study Zinc & Lead Int'l Service (ZALIS) 9,325 10,000 28,000 $421,200 9,325 - 28,000 $398,460 15,400 Motion Picture Distribution: a. General b. Bureau of Mines $ 47,325 15,000 2,000 $ 37,325 15,000 2,000 $ 15,400 10,500 2,000 $ 17,000 $17,000 $ 12,500 J L I ^C 2101 Table III - (Continued) New Programs: Battery Powered Airport Buses Miscellaneous and Contingencies: Lead Book (Monograph) Corrosion Handbook Annual Review Apprentice Contest Organization Membership Miscellaneous Literature Contingencies: a. General b. ILZRO APPENDIX "C" Board, of Directors Meeting December 3', 1969 -4- Approved . 1969 $- Estimated 1969 $- Approved 1970 $ 13,000 4,000 5,000 1,000 1,500 2,150 1,000 15,000 2,200 1,200 2,150 3,400 3,000 1,500 10,000 (see Item 23 above) 3,000 6,000 2,000 1,500 2,900 3,000 3,000 10,000 $ 26,650 Health-Safety Public Relations Program 75>000 $26,450 80,000 $ 31,400 125,000 C - Summary Administrative & Technical Service Advertising, Publications & Related Promotions ZALIS & Special Studies Motion Picture Distribution New Programs Miscellaneous & Contingencies $330,300 428,400 47,325 17,000 - 26,650 $318,500 421,200 37,325 17,000 26,450 $352,800 398,460 15,400 12,500 13,000 31,400 Sub-Total Health & Safety Public Relations Program $849,675 75,000 $820,475 80,000 $823,560 125,000 Grand Total $924,675 $900,475 $948,560 LIAC2106 Table IV -5- A - Estimated 1970 Income and Expenditures Balance, Jan. 1, 1970 Pig Lead Sales Other Assessments Interest on Savings Miscellaneous APPENDIX "C" Board, of Directors Meeting December 3, 1969 $ 83,001 (a) 764,715 207,052 5,000 5,000 Approved Expenditures-1970 $1,064,768 948,560 (b) Operating Fund Balance, Dec. 31, 1970 $ 116,208 (a) Includes a Dec. 31, 1969 deficit of $14,538 in Health and Safety funds. (b) Includes $125,000 for Health and Safety activities. B - Approved 1970 Rates Per Ton General.Health and Safety and Industry Development Funds Classification Rates per Ton Est. Income Mining Smelting & Refining Manufacturing Assembled Articles Pig Lead Sales in U.S. $ .21 09 .09 .05 1.05 $ 58,107 75,310 66,435 7,200 764,715 $971,767