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. November 20, 1936
THE UNDERSIGNED hereby efree to underwrite certain
experiments with asbestos dust to be conducted by Or. LeRoy
V. Gardner at the Saranac Laboratory, Saranac Lake, New York
The general nature of these experiments and the
cost thereof were explained at the aeetlng of certain brake
lining manufacturers held in New York City on November 19,
1936. .
The purpose of this aeaorandua is to eonflra the
agreement between the Undersigned to underwrite the cost
of these experiments amounting to $5,000 per year for a perio
of three (3) years, or a total of $15,000.
The Undersigned agree to share equally the costs
of said experiments. For example, if ten parties sign this
Agreement, the annual contribution of each will be $530.
It may be more or less, depending on whether the nuaber of
those sl&lng is more or less than ten.
It Is understood that payments to Or. Gardner will,
for the sake of convenience, be made directly by Johns-L'anvlll
Corporation or by Raybestos-kanhattan, Incorporated, and that
the others of the Undersigned will reimburse Johns-i*nvllle
--V ---------..u:;an, incorporated for their rro
rata share of such payments as made.
.
America/ brake blo<& corporation ByiL--loL7vfA~d' $to'4/2S&ID0 per ' annua}
vice president
AC7URIN3 COiTANY
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JOHNS-MANVILLE CORPORATION
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MANUFACTURING COMPANY
THERMOID ROBBER COMPANY By___________________________
UNION ASBESTOS & RUBBER COMPANY ( United to v'".50.00 Fer annus. )
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Socrotiiry-Troiiourcr
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