Document VGjOnpLJzEoN16R9eNkr3Ob94

Min u t e s o f Me e t in g o f EXECUTIVE COMMITTEE h e l d We d n e s d a y , _______ Ja n u a r y 23. 1957. a t 1 I ;00 o 'c l o c k A.M.___________ __ PRESENT: Me s s r s . Ma r t in o , Dr e w e s , Me r s o n , Re io , a n o Wa r s h o w (J, A. Ma r t in o , Ch a ir ma n ; J. B. He n r ic h , Se c r e t a r y ) ABSENT: Me s s r s . We l c h a n d Wil d n e r Th e min u t e s o f t h e me e t in g o f Ja n u a r y 15, 1957 w e r e d u l y APPROVED. -- r- ~' ^ i' . Up o n mo t io n , t h e f o l l o w in g a p p l ic a t io n s f o r a p p r o p r ia t j o n s WERE OULY APPROVED: $ 4,870.25: 65,400.00: 6,147.02: 18,422.00: ' 4,045.00: 21,585.00: fc 157.10.0: 741.63: 2,566.26: 2,475.00: 71,214.00: 399,157.00: Co n t r ib u t io n : Me mb e r s h ip Su b s c r ip t io n t o Le a d -"' In d u s t r ie s As s o c ia t io n , in c l u d in g He a l t h a n o ,, Sa f e t y , f r o m Ja n u a r y 1, t o Ma r c h 31, 1957.' Ad v e r t is in g De p a r t me n t ; Ov e r e x p ., Sp e c t a c u l a r -j SIGN CONSTRUCTED BY AND LEASED FROM THE NEW n Br u n s w ic k Sig n Co mp a n y , a t Sa y r e v il l e , Ne w . JERSEY, *:$^ . Ba l t imo r e Br a n c h ; Pu r c h a s e o f Cl a r k Fo r k Tr u c k ," - Ba l t imo r e , Ma r y l a n d . (Ol d Ba k e r f o r k l if t * TRUCK TO BE TRADED IN FOR ALLOWANCE OF $275.00.) 1 Ba r o io Div is io n ; Pu r c h a s e o f Ce s s n a 180 Fl o a t -1 1 p l a n e , New Or l e a n s , Lo u is ia n a . -*t-' 1 Do e h l e r -Ja r v is Div is io n Pu r c h a s e o f Ul t r a s o n ic Re f l e c t o s c o p e , Ba t a v ia , New Yo r k . (Ol d Sp e r r y u n it t o b e t r a d e d in f o r a l l o w a n c e o f $500.00.) Pu r c h a s e o f Tw o Pu n c h Pr e s s e s , Gr a n d Ra p id s #3V Pl a n t , Mi c h i c a n . t Ge n e r a l Of f ic e Fe e f o r p r o f e s s io n a l s e r v ic e s o f Ho l me s , Sh j n & Po t t f o r t h e y e a r 1956, in c o n n e c t io n w it h t h e h o l d in g o f St o c k in Go o d l a s s Wa l l a n d Le a d 1NDUSTR1ES, Lt d . Le g a l Se r v ic e s o f Le o n a r d E. Ne l s o n , Esq. f o r THE MONTH OF DECEMBER, 1956 - $650.00; EXPENSES - $9I.63. Pa c if ic Co a s t Br a n c h Pu r c h a s e o f ?957 Ch e v r o l e t St a t io n Wa g o n , Se a t t l e a n o Ta c o ma Wa s h in g t o n t e r r it o r y . Pu r c h a s e o f 1957 Pl y mo u t h Se o a n , Sa n Fr a n c is c o , Ca l if o r n ia . Re s e a r c h La b o r a t o r y Ov e r e x p e n d it u r e , 1956 Bu d g e t f o r Na t io n a l -Re p u b l ic Ir o n Or e Pr o j e c t . . 1957 Es t ima t e d Bu d g e t f o r Na t io n a l -Re p u b l ic Ir o n Or e Pr o j e c t . N 1322 * T' c. u -- c yO v (EXECUTIVE COMMITTEE - Ja n u a r y 23, 1957) $ 7,804.50 -wjf 8,626.68 3,427.10 *5,025.07 *12,567,140.00 *% k ' "7,920.00 . \ " 5,075.00 ^`*6,460.00 ,'f **6,672.00 Tit a n iu m Al l o y Ma n u f a c t u r in g Div is io n ; Pu r c h a s e a n d In s t a l l a t io n o f e q u ip me n t f o r Pe l l e t iz in g Fu r n a c e Mix e s , Nia c a r a Fa l l s , Ne w Yo r k . Tit a n iu m Div is io n : Ov e r e x p ., Pil o t Pl a n t Te s t in c o f Tr a il Rid c e Ex t e n s io n Tit a n iu m Min e r a l , Fl o r id a . Tit a n iu m Div is io n - Ma c In t y r e De v e l o p me n t Ov e r e x p ., Re p a ir s t o Ma in Pu mp St a t io n Eq u ip me n t DAMAGED BY LIGHTNING. Ov e r h a u l o f Tw o NHRD 300 HP Cu mmin s Die s e l En g in e s . (*0F THIS AMOUNT, $4,400.00 HAS BEEN PREVIOUSLY APPROVED BY THE MINING COMMITTEE.) Tit a n iu m Div is io n - St . Lo u is Pl a n t In c r e a s in g Pl a n t T1O2 Ca p a c it y .T'Th is a mo u n t in c l u d e s $2,810,000.00 PREVIOUSLY APPROVED BY THE Ex e c u t iv e Co mmit t e e u n o e r o a t e o f Oc t o b e r 31, 1956.) - : x . Re p a ir s t o 2X1e h ma n n La t h e s . ' * . Tit a n iu m Oiv is io n - Sa y r e v il l e Pl a n t Re p a ir s t o No. I Co n d e n s e r . Er e c t io n o f So l v e n t St o r a g e Bu il d in g . Re p a ir s t o No . 12 We t Mil l Tr e a t me n t Ta n k . 'tt' Up o n mo t io n d u l y ma d e a n d s e c o n d e d , t h e f o l l o w in g r e s o l u t io n w a s UNANIMOUSLY ADOPTED I RESOLVED, Th a t t h e Pr e s id e n t o r a Vic e Pr e s id e n t o f t h is Co mp a n y b e a n d h e h e r e b y is a u t h o r I ZED AND DIRECTED TO MAKE, EXECUTE AND DELIVER IN THE NAME OF AND ON BEHALF OF THIS COMPANY, THAT CERTAIN Ba r g a in a n d Sa l e De e o c o n v e y in g t o Ne w Je r s e y Hig h w a y Au t h o r it y f o r t h e s u m o f Tw o Th o u s a n d Do l l a r s ($2,000.00) A PARCEL OF 0.46 ACRES OF LANO IN THE BOROUGH OF SAYRE VILLE, Co u n t y o f Mid d l e s e x , Ne w Je r s e y , a s in s a io De e d MORE FULLY DESCRIBED, TOGETHER WITH THE TENEMENTS, HEREDI TAMENTS AND APPURTENANCES THEREUNTO BELONGING OR APPER TAINING, AND THAT THE SECRETARY OR AN ASSISTANT SECRE TARY o f t h is Co mp a n y b e a n o h e h e r e b y is a u t h o r iz e d a n d DIRECTED TO AFFIX THE SEAL OF THIS COMPANY TO SAID DEED + , AND TO ATTEST THE SAME. Th e Co mmit t e e a p p r o v e d t h e p u r c h a s e o f $4,000,000.00