Document Nx82q3k5y0NpGNbEqdbVGOoQ

Philadelphia, pa* RvA>r 18, 1966 At a regular mooting of the Directors of John T* Lswia A Brea* Company, held this day at their offiso* ia the Vldeeer Building, them were presents J* I. Gardiner* President S, F. Beeves* flee President and Treasurer A* X, Vilena* flee President X* H* Merritt, Seeretary L# T* Beale, Streeter The nesting was sailed te order by Mr* V* V* Gardiner who presided, and Mr* II* X* Merritt reported the niautes ef the nesting* The nitrates of the nesting of levenber 4 were read and approved* Mr* Oardiner reported that the crushing ot soybeans has started this after* aeon and that the delay in the reeeipt of the beans had been caused by the aftemath of the naritiae strike* Tory careful records are being kept of this presses and a report will be euhnitted pronptly* Mr* X.* T* Beale suggested the advisability of arranging for a Market research on the use of soybean oil, as well as a technical research offer* ing the council of their own narhet research departnent* Cm notion nade by Mr* Beeves and seconded by Mr* 1* T* Beale* it was unaninously decided that according to the Company retirement policy the two following employeea should be retired on the dates indicated! ^ Beilis Carbowska ~ effective Bovenber 1, 1946 Martha KeKeown - effective December 1, 1946 On notion duly made and sec raided, it was unanimously decided to make application for a CAB in the amount of 14,000*00 to cover the purchase of a 15" hydraulic water cylinder for our cold slug extrusion press* On motion duly made and seconded it was unanimously decided to mako applies* ties for a CAB ia the estimated amount of $18,000*00 for eulphurle sold handling equipment to bo used in the production of tri-basic load sulphate and Plumbal1 (or precipitated lead silicate} It was encouraging to loara from Mr* Wilson that he had just received the Linseed Oil Department operations statement adjusted for inoreaoo ia normal atoek deficiency prieo from the General Office, indicating that for the nine months we had actually shown an operating profit of $69,72$*78} in other words, the lose shown in our regular nine months* figures was dus to the operation of the normal stock system* There being no further business, upon motion the meeting adjourned* N 26715