Document O1dGEB1RKz6V293ZQ72Dm2zqK

Chicago, 111 BOARD OF DIRECTORS MEETING April 8, 1949 A meeting of the Board of Directors of the Lead Industries Association was held on Friday, April 8, 1949 at 2:15 P.M., at the Drake Hotel, Chicago, 111. PRESENT REPRESENTING Norman Hickman S. D. Strauss A. E. Eendelari J. H. Schaefer Clarence Glass J. A. Martino F. E. Wormser George Mixter American Metal Co. Ltd. American Smelting & Refining Co. Eagle-Picher Co. Ethyl Corp. International Smelting & Refining Co., Anaconda Sales Co.,Agents National Lead Co. St. Joseph Lead Co. United States Smelting Refining & Mining Co. Inc. Robert L. Ziegfeld, Secretary-Treasurer It was regularly moved, seconded and carried that Mr. Felix E. Wormser be elected chairman of the Board o Directors. Mr. 'Wormser then occupied the chair. The minutes of the previous meeting of May 21, 1948, were approved. ELECTION OF OFFICERS The chairman stated that it was in order to elect officers of the Association, whereupon, the following nomi nations were made, and there being no further nominations, the secretary was instructed to cast one ballot for the elec tion of these nominees and they were declared elected: Felix E. Wormser, President J. C. Brownell, Vice President . J. A. Martino, Vice President ELECTION OF EXECUTIVE COMMITTEE The chairman then read the list of the Executive Committee as constituted, as follows: Felix E. Wormser, K. C.Brownell L. E. Hanley J A. Martino Chairman . . no3 ^ ^ Board of Directors Meeting Minutes April 8, 1949 2- - WHEREUPON, with the consent of the Board, the Chairman appointed them as members of the Executive Committee. It was regularly moved, seconded and carried that the following resolution be adopted: WHEREAS, the membership of the Lead Industries Association has increased so greatly since the original adop tion of the By-Laws, and WHEREAS, the number of consumers of lead represented in the membership is now greater than formerly, and WHEREAS, the Executive Committee as now constituted is predominantly repre sentative of the producers of lead, therefore BE IT RESOLVED that the members of the Board present at this meeting recommend to the Eoard for adoption at its next meeting, an amendment to Article IV, _ Executive Committee, Sec. 1 of the By Laws, to add one additional member to the Committee, thus increasing its membership from five to six. MEMBERSHIP Bers & Company, Inc. Metro Smelting Company - The election of Bers & Co., Inc., Ashland and Lewis Streets, Philadelphia 24, Pa., and the Metro Smelting Co., Ontario and Bath Sts., Philadelphia 34, Pa. to membership in the Lead Industries Association, as of March 18, 1949, by letter ballot of the Executive Committee, was confirmed. Pennsylvania Smelting & Refining Co. - An appli cation for full membership in the Association was presented from Pennsylvania Smelting & Refining Co., Ontario and Casper Streets, Philadelphia 34, Pa., signed by Mr. Joseph Axelrod, President, the Company being a large smelter of nonferrous metals. The application was unanimously ap proved. Western Smelting & Refining Co. - A request from the Western Smelting & Refining Company for suspension of its membership until it again reentered the lead business was considered by the Board und it was decided that in order to avoid establishir precedent which might lead to future complications, ti Western Smelting & Refining Company be requested to re : and informed that their re application for membership ^uld be given prompt conside- LIA 00358 :- 3 I Board of Directors Meeting Minutes April 8, 1949 -3- ration at the time they wished to re-join the Association. Membership Eligibility - The question of whether brokers or others who are not bonafide producers or con sumers of lead, but who have an interest in lead, might be made eligible for membership, was considered. It was felt that such organizations could contribute little to the As sociation and, therefore, it was decided to take no action on changing the Constitution in this respect. PACKAGING OF DRY LEAD PIGMENTS The Board again considered the resolution passed by the Board on September 30, 1931 pertaining to the use of paper bags for packaging dry lead pigments. The secretary explained that a survey had been made of pigment producers Just prior to the meeting which indi cated that the use of paper bags is now a most common prac tice and representatives of pigments manufacturers present explained that there had been so much improvement in qual ity of paper bags that they are now felt to be safer than H the use of previous types of containers. ~ The resolution of September, 1931 was, therefore, rescinded unanimously by the Board. COMMITTEE ON MEDICAL EDUCATION NEW YORK ACADEMY OF MEDICINE A request for a financial contribution to the Com mittee on Medical Education of the New York Academy of Medicine was considered and rejected on the basis that the work of the Committee was not of direct interest to the lead industry and that the Academy is local and not nation al in scope, whereas the membership of the Association is national in scope. Mr. Wormser pointed out that his Company was a liberal contributor to the New York Academy of Medicine and that other companies in New York could do the same if they so desired. REINVESTMENT OF FUNDS The secretary was authorized to reinvest the $34,000 which would be realized from the like amount of U.S.Treasury Certificates of Indebtedness, 1-1/8$, due June 1, 1949, with the guidance of the Executive Committee. LI Board of Directors Meeting Minutes -4- April 8, 1949 It was suggested that the interest rate might be improved and that that possibility should be thoroughly investigated. FILM ON LEAD POISONING ' The chairman explained that Dr. Belknap of the Globe Union Battery Co. had suggested that the Association might be interested in financing a moving picture on the diagnosis, treatment and control of the lead hazard. He pointed out that if such a movie were made the Association could probably also get the sponsorship of the American Medical Association and its aid in the distribution of the film. The idea of the film would be to acquaint general practitioners, students, plant managers and others with the problem. No action was requested of the Board at this time as further investigation of the cost, content of the film, and other matters would be necessary before arriving at any conclusions. f L ItOC'BtO