Document O30nQ5BDn7K60vQR1Orq1n31e

Philadelphia, Pa*, June 19, 1944. At a regular meeting of the Directors of John T. Lenin a Bros* Company, held this day at their offices in the Ifidener Building, there were present! J. W. Gardiner, President S* F. Beeves, Tice President A. V* Wilson, Tice President L. T. Beale, Direeter The nesting was called to order by Mr* J. W. Gardiner, who presided, and Kr. A* M. Wilson reported the minutes of the nesting* The minutes of the meeting of Kay 22, were read and approved. Kr. Beeves reported the following comparative figures for the one month of Kay, and the five months* figures 1943 and 1944, including estimated taxes but without including fiew Tork overhead! Kay First five months 1943 - profit $16,781*99 1944 - profit 67,202*94 194? - profit 1944 - profit $107,168.82 113,555.89 Profit figures stated for Kay 1944, and five months 1944, are before .de- duetions of $68*412 and $76,752*71, respeetively, charged to Other Lobe and Sxpease, as directed by Kessrs. Warshow and Bartins, to adjust an error in bookkeeping in 1945 On a motion duly made and seconded, the annual fire awards for 1944, for fifteen members in the Lewis Fire Department, were approved at a net cost of $161.00. Kr* Beeves submitted a CUB in the amount of $1,655*00, to cover the cost of removing six hand furnaces from our Oxido Dopartmomt. Aftor removing theee furnaces we will have nineteen hand furnaeea left for poosiblo future use. Inasmuch as thssa furnacss are not suitable far producing the type of Oxide now demanded by the trade, it is fait ths space new taken up by tbeee six furaaess can be adventageeualy used far eperating supplies and peeked stock. Kr. Gardiner presented a draft sf a book now being prepared covering tbs use of Bed-Lead Faints* When completed this bosk will be for goaorsl distribution amongindustrials, contractors and architsets. Kr. Bsevss reported on ths details of the Wage Stabilization Board* con sideration of appeals for increases in pay, holidays with pay, supper money, sis., resulting in approval ef a relatively snail portion of what was asked for. It was Kr. Gardiner's suggestion that the minutes include a word of com mendation to Kr, Beovoa for the straightforward manner in whieh he had dieeuased, with our factory employee*, the pres and coat ef the negotiations, regulations, etc., thus avoiding an open break and work stoppage, actually threatened on several occasions during the extended period of negotiations. NL 000040892 Mr* Beewee stated that ilia factory wo aid sponsor a War Bond Sally on Jane 22* In connection with the Fifth War Loan Drlre. Mr. Beeves atatad that an Oxlda ordor from Sleetrio 3torage Battery tor tha Math of July 1*44, aaoaato to too tana. Zt la tho largaot monthly ordar from this company slaco October l*4l, The regaler weakly report of deliveries for tha week oadlag June 16* wae eabmltted by Mr* Wllaoa* There being no farther baeiaeee* upon motion the meeting ad4earned* A* U* Wilton* Acting SeoreVaryT NL 000040893