Document V3GQ6ZyE3qoOk86gpm53kV22j

Phi lad el ph la , Pa May 22, If5f At a regular meeting ef the Director* of John T. Lewis A Bros. Company held this day is their office* is the fideser Building, there were present: Siward f. Beale, Chairman of the Board S. Trenoh Beeves, Vice President and Treasurer 7. W. Gardiner, Vise President Morris B. Merritt, Secretary Leonard T. Beale, Director The mooting wee called to ordor by Mr. 5dmrd F. Beale, who presided, and Mr. Morris B. Merritt reported the minutes of the mooting. Mr. S'. W. Sckfeldt was asked to join our mooting. The minutes of our mooting of May 15 wore road and approved. The purchase of a new Plymouth Fordor touring sedan for Mr. ? McArthur at a not cost of #592.75 was approvsd and forwarded to Bsw York for their attention. This ear will be used for promotion work and needs to have certain alt era t lone made in the rear compartment s as to carry all of the equipment neoeeeary for pointers meetings. This is the same type of ear as Hr. MeArthur has had In the past. Mr. Beeves reported our not profit for the month of April and for the'first four months of the year as follows: xm mi April Profit #8,414.20 Profit #12,858.16 First 4 months Profit 76,244.75 Loss 10,938.55 Boas of the above figures include the Mew Tort: overhead. Mr. Gardiner advised that effeetlve today wo are advancing the price to the linseed oil trade in less-thaa-ea?load lota. This we feel will give us a larger margin of profit. Be also explained that the objection to the Country Gentleman \ advertising on the part of some of our grinder cue toners gas proven to I bo the work of a competitive salesman and after a proper explanation we/ believe that this matter is now a dead issue. ' Hr* Gardiner submitted the regular weekly report of shipments. There being mo further business upon motion tho mooting adjourned. Sooretary NL 000041206