Document VpXO9xOyvVQ6ZZXNprrbpn6K

Philadelphia, Pa., December t# If***. At a regular a* ating of the Directors of dha f. lewis A Bros, Ooapaajr, bald this dap at their offleas in tba Wideuer Building, there were present* Edward 7. Beale, Chairman of the Board # ' Gardiner,.' President 'W.^frtndh Reeve*,. Pisa President A. IT. Wilson, Ties Pro aidant leeaard f. Baala, Director the seating wee eallad to order kjr Mr. Edward f. Beale, who preaidad, Mr. A. M. Wilson roportod tho ninntoa of tho mooting. There haring boon no nesting held en Worember 30, the minutes of the meeting of Herembar 23, were read and approved.. Mr. Gardintr stated that a review of agenop accounts shows that while there is as inareas* is the somber of - agency accounts that aro now rmmnimghipmit: tfdSia, ;!nnd, that ^while tho total manor lnralrad waa somewhat higher than Wignarlr* the nanagenent is watahing these developments vex$' closely. Mr. Gardiner stated that arrangements havs been concluded with a Mr. H. 7. Freiherr, Manager ef the Motional lead Company, Maltinare ' Br&iateh, to have ear'sales office located with them, starting danuary 1. Altl:toygli we are paying sene rent, tho actual saving to the company as a who;i# -a'lll fc# $34e.OG a year, formerly paid ts tho Manser Bnilding, plus that portion of Mr*. Shamil's tins which the Motional lead Company, Bftli:dm:T are able to atilisc te advantage, raising the total oooaony t. H.JM.oa * w< Mr. Baevas stated that am the hasie of Mevemher pap roll of John 7. lowle and Bros. Company, $*,550 had boon soilacted on tho salary allotment plan for tho purehaso of War Benda. this flgnro represonta of the total pSy roll and approximately of the emploirees participating, the remaining $% are made np of new employees who have not yet eigmed Mr. Reeve* received approval from tho Board to adjest wagoo of omployooo of the Philadelphia Weldor Company, who aro new working at tho now less,ties ef the Philadelphia Welder Company, in tho lewio Metal Depart ment, provided tfe# proper authority from too Wage d Hoar Division of the ^MppiLiiti^es Department of labor ie obtained. These increases ars das t tfef fact that' esrtaia adjustments are necessary te bring these wagon!;!!^ lewis plant rate. On a motion made by Mr. 7. Reeves, and attended by Mr. 1. f Beale, it was as,imaly RlWOlTSDf that the officers of tho company bo authorised to continue at their discretion, daring the year lfb3, the .system that has been in forte for a number of years of giving a service batten and eash award to omployooo {excepting officers) Wfc#! lafS'^eon with a five years or multiples thereof*' NL 000040980 1 NL 000040981 Tie oyaten 1 that for each fire-year batten a fiTe dollar easb award la giTea, and Ter aaok tea-year batten, tea dollar*, ete. Tie total amber of persona to reeelre bnttoaa la ifbj, laelodlag the office and factory, will be tereaty-feur, the total eaafa award will amount t $1, 34oadd# The regular report of abipmeata for the week ending Io t ember 25, wae submitted by Mr. Wilton. There being no further butineea, upon notion the meeting adjourned. A. X. Wilson, letlag Secretary. NL 000040983