Document YrYB04wdB991LJqLGdj4VMr1V

'y.iarterly greeting of the Board of Birectcra c: *.; V.-.d Producto Sccrpnny was held at the office of : >- > ;.'!'7Jy, 127/. 'V-ty, ':"T.*3dciy , JO- v2-*'... . Am:;; V/mith, PreJi'au * .*" "A; . nay , . ,, ...: . i r:;..-.:'. j .` c .-ic meeting. The minutes of the mooting of the Board of lirc-r hold vv. June 21st 1921', were read and approved. 'a The Chairmcm procented to the meeting the Balance cheat ;f the Soapanyas of July }lst 1921, which, on ration dui.y aecoaded, roved and ordered filed with the Secretary. On motion, duly made and seconded, it was .iKa'OX.TSD: That the action of the President in authorising of *i.-pro:-:irntely .40,000.00, in addition to tho \ ;j htTo:..' L'u >: '.I'i-TQVCd. !'or tho c on::* ru - i .'U o;Ui;-:" .if ^' - J:.ioa.ro, Indiana, be an.: tn-: au:..v * Lon, only .made u:c seconded , i v .aa .......... dirootcu to cnoc-Uvc .-i t.-. . -i..... .. following contract .7iti. Z -. hi ,dv: ;/ land, v:uO; T M I J C 0 S 7 R A 2 ? made hy and between Ih.A-' "'BOlViro ' a corporation incorporated under BEST COPY AVAIL, j N11523 pNYC 000109 J rsri. Cifcy, S V., c-r t:\2.2i.r:. to and d9oigoeted as fcmoondn. .ud V. -itier. moornerr fc*d ur.dor r>' ; _-nr* L : ' ' . v;-r taoij^.I o_Yic- n :. v ,:,.:c.t "1., J-s'-7 / ` . A'^rr., hCiroin&ftor. r o;! t r.- o c. to and ctnaigratod aa , ' I " 2 S 3 2 T H: onie. is a cu*nnia' ` oaa i-' : . suah '.end i:i cU/r.J is : .. .. t t-c irjror ;j -; :c,, .vntnuding and 'irrreor.ent 1 d ground in oil [.my and nnc-ll brand, such :-.s to h-ereinbelov; set i':t . i..- . . .toting brands on t'Lc . gradients in aacordn.iar- .vi aintu and v irr. iirnoc . :.r:, : BEST COPY &iM* PNYC 00010970 "hall bcr.r a 1b o 1 or iabeie such -28 are shovru 0/ tho -ic t-n^i ... 'r cunto affixed and lourl-ed azhihit. f . '':.!.r. r" . -.-aifiofl. except uy mutual cone^nc of i.h-*: .' r`.' y. I., vi-ir.g. '*hJl thlc oostract remains In offoot .v^rr;a ,-Ul no* itself soli or offer for sale its white lead otfce'rv/iaw than in dry or water-pulp form. ... t., .. hh . `..nt'.n. : ' .1'! "ii: : ... '.. nc.ufi. ' :.v:iV f . it . x t.;cr dry or in v;--* x j t a.-:. * iniall pi case ii;r ur.C- r a; Av.ior..--. . o*`.r r ,, Hidden understands and. agrees tl-.ni 1: ic ?.:.r 0. ^- :cr Ahuuonua to prevent other paint manufacturer:, ".`ho may buy Ana:on-!a white load dry from grinding the ca.v.e in paste or ii-mM.! celling the sane under whatsoever name, who ?.:.; > the :. r.;:fac i-ir ev;n or a trade name which'such manufacturer may select, a;:i it ;: u::.iorjtood- that while- this contract remains i:i effect tant Ar.a.co:.: snail he under no obligation to take any steps legal or otherwi.n; i : r the protection. 0*. (Hidden in tne latter's right to the oc'eln- . i . uuo of the Anaconda brand, but that `Hidden nay n" its rvr. e^por.eo take '.i.-h proc.*; :ir.gs or actions ac it im.y i^ev. .1. ;:r_l .- i fo thci Protection ok i * a ri.-.itn in the . Tomi-ieo. ..Tr-..n-r-..a -.:-?..: however at any time 0 on the ro:;uct of Pi idee:; to r.-ri-y :.y u- faccuro1* or person who shall undertake to ,j use for ` : ; brand or l-.byl c on* -.i.:; L;;, " 'hr- .v: " : . ` ..." .-.u.i that Hidden r.\:: ay contract ..-ft:, . ;... ' *.o nee of th! vvord Anaconda11 .`or brand or c\ 1 .iBEST COPY AVA3L.J PNYC 00010971 L: vi v j o -ra Ar,acon:in. ' r.'.r .; ` cl r-oinct. Anaecadc agroon that it svxli *.*o ; : o.C thin agreement authorise the nse of the word j -V'--. fir load on any brand by any n*anafacturer other th:.n :i > , .v? .; ; the latt-grfe eubsudiaries as Anaconda way fcho.-ico to :ro ih as in the next paragraph provided. 4. Uurihg the continuance of this agreement Anaconda will, *:; 1 md the sane privilege as that hereby given to Cliiden with rosy- l- the :;on of rax Anaconda brand to any and all other baoireuo f->,,, or c';*ro'ruticno owned or controlled or operate! ':c ruhritiurres b .'lideon or ".hioh tliOden .Tiny horoafter cwr or rc-nmol : - ;\i ..! Lf-.rios, whi>r. ^thcr fir..; or o it . - . :. h... - (: . I t!Aiato:iOv r.r ?'. i ro : nt tros.i t/i/.t of llidderV a l -:. .. or controlled or o^-vrofeti by .'.lied ex: ..., ,, ... .. .... t-ri.dr.-.tion of this contract nay ?;; *. .. . . :Lr ' c rlyl.t of jllnderi *.-> noc nr .v.vior'uo:t ... .'. BEST COPY AVAJL PNYC 00010972 vf"-. ;,:.--viC rv-^'V'^.'C '' " -, _*..** shal'J bo heId and enjoyed cii; in jsuocrdar.oe *ith iho t^r^.v m? .'!.ui v..3 of-this egrcenont os a will he subject to terasinatio.i -- " j inr.T.icn of this ngrer.>eat or the teralnatlon for eny ^ -li'.j.fs right to m*i :e use, in accordance with the temo . jf nr; /.>;.-, on dr. brand, and upon un cxpr^s* '.r-ree- t t -.1 -: 1; . :' subsidiary to m-sifce. use of z:vn.b \ brand bo discontinued at any tiiuo upon a written notice iroir, r:IL'-d^n t: t:.r. subsidiary and to Anacondu requiring tiiut the no*- bo liseon- ..;::-.conda is induced to enter into thin contract u i's'.'.'Su *.w uf-curn on extended market demand for its whito Ioi.d v ierod for sale under Anaconda brand, and in the hope and belief that hlidden and its subsidiaries with their facilities for `trinilng such whit.i; l.o-.d in oil and sarheting the socio will create nu-ch .s.or o" ,*;jy of -tr r.ubaioiury oovi.-aul : l. . . - lay- .:n;.ler this agreement,' Anaconda may at itn -rt.U-:. *.'i iu.\:'t -j . an l terminate the right of CIImu o i; <-r -'f any ; ;u::: ' - n:e of an Anaconda brand as hcreinbvforr- ?cr.r.1tce-i v l v qlidaun from its obliguticn to continue thu pur..- n-o undr thia .rree:-*cnt and/or at its election Anaconda' muy" rhic ii/raor.ent in whole as between Itself and Oliddcn arid/or any n- ch b:.'i ry; 'lllocieri c-'von.-iutu that if it.-.; right to use nr.y -r-r ' ''r' it,r i; ?* ipntfully .withdrawn u;;....-r t:.. -------------- ---------- -__. - pNYC 00010973 'BEST COPY AVAIL. I * ** (jxhftr prorUioii of this ugrnoK**st., *-> '-*y :vj ^q ijy me of suoh brand or any brand ocntuini.^ ;h; ".i.j.-.t:;n-i'r.* ssospt upou of the white lood ''.hi.*;!: ! L;.;.- .-i- ., .u>. : -I L/*: . O \v.' int:.C.ri'2od V.s. L- rm: "nc Ol'-ddori company, Cleveland, Oh l;;. iunmn A lilting C.ompnny, Chicago, 111. Oho American Paint VJorks, lio'.v Orleans * In. y, L. Blood 4 Company, Jt. Paul, Minxi. Ca.i^holl Paint t Varnish Coropor.y, sit. Louis, Mo. Th *oet City Paint & 7arnih Company. Glevolsuia, O.iio. Tfc- )ion Paint 4 Varnish Company, Chicago, ill. The .bidden Company of California, Car.- Fram.-luco, Call'^rr.i.* 1'ho Heath 4 Milligan Manufacturing Company, Chicago, 111, Twin City Varnish Company, 3t, Paul, Illnn. .'he A. ffilhela Company, loading, ?u. .. Au'-conclii to extend grt v\Ie<:o to juoh yubnic . .ri- :, 1 t- i. *v . `o Ltyelf tiia rirht. : e3i.*TU: tt; additional r'.c.: t- / '..; .?nt + o rc p.ioot thr- withdrawal of the prirl.leno f- = *': . . -i = o v^r /*'' V i .* O-i . - U: , iiii.i* > ;: ted not .inly t: "r.S'.-vr r , L;iC `"Oi'ot'd ;. ; 11 ,-*!i Of .1':. reign pn t.j- t, _!..:. ;.p . . ' i;1'" or Offerliif: for u,,lo in ..... ... .. . oevuitry any UT.ifo read of .u.aconan' s actar-x, vf.o thl : ...... <=;? f- ;.oto or ii a forn, olthoux. u. . f'giSY CQFYJ&i^iJ PNYC 00010974 i*v '\Z* i**!**?'^. ` h 1 V"`nr**:* .-.. 5 . . ? r : xL- .. '. A S i/.v rc^^Vi ' . ,w ^-n;-ri v R.<.n"...:' '- r . '- ' r " ' V.-:-" -- **. *.i*c aur.s aav \;e ^rv- . 5 - - . .w . ;; t?c '/it-Iii'.n thu rrotcsiLou o* Vr.-. ; Aiwoonda Rfv7 lit i*B 4iscr8tiri '. i- ^ ' . irvii.i'' - . j / L;;.xc.*: :J. ; vii'. .or . .* :r.u^ irc-i.: :.f' 11,.-; .: r'1. . . ' .'. v .;e, .'.liiidvft vvLM , Mi*;', .. ':: - . j T 'i chiy:no;.v i.-r -:n^ u-i; *'0 nt If1:.*, Isu.*:-.;. ;1. ;. m x.'.u'. t '.'tian .vill ` b- ;t..-.: I . . :' oJi orders J'.var.'il':;..' . .s t:.-6 3.-*:.:u c:xn lit; : ; '. .y.r-i . I o:' ur./ ch/ill o*' l. . .* U: ... .* :t>'T.ar L'Sy .: V :x j c . *:rii '.vJ.i.c-. .'1 ' *' ::* ' - '* 10 ro.iU.': ' ...... -. 'cr. s.u Lrl: . = .. " x t`i,'., !)i'rk-iinriti . !' .. * PNYC 00010975 .*u3fj additional shipment bidden wii. :\y A.r- - nnr.`! in -in*j as curly as tho :?irst day ct the ..or.la p.-o-rnj^.v that In vnioh it requires such shipments to he made o;' the i.vintlt.y that will be required by Gliadon to he shipped during * i>s- iyn.nfed cuioudar month, and the shipment or shipments j o rejairod to ha ::.m* under a toh notice shall not in any case, without r-he consent oi* A;.ao o/id:, oxcoud ao aggregate CxOnc hundred sixty six (166.) tons durir.y a/ >ne desi..atod calendar month. A notice by Glidden to . - -it rinc any additional shipments as permitted by the terms ` -iroyr.tv'h ( b>. may s-yuifyonc or more mouths in '/.'hloh-such cn-.! -V..vP '. rr "ired , but must v.'ith respect to yuoh ry U; . , lltvldori arruos is.at t*. t '... o-` Anteonla to furnish the :<:i. ; viaavjj .'`.ic;. lead to the exclusion of any and ..11 othfr rhonate o;' lend (o.coit. na re.-yur^a the nons lwt:o>* -rf 'BEST COPY AVAIL, f PNYC 00010876 -? ;+ &% it Hidden from time to time shall so^deeire-i ; I,.* ?** .for Mentioning such ?antm Coast pl-s&ta.ef Hidden' ' ;* thth.fi r dlotance from Anaconda's namif&otnring . .-.at Indian*, suiy inrolve such expense for freight c ; <::nble Hidden Cross using Anaconda white lead on the Paoifio .. *. i.j> .-'.omi-etiticn wrt th basic lead carbonate manufactur ;o on tho :*Iby parties other than Anaconda, v/henever the re^n^o- . :;;i '.i:. shall exceed tho naslmon of whin Lend which Itself to furni3h under aub*paragra?h2Ca) ?ind } of this 'Jc*.ngruph 7, Gliddon will in writing adviao Anaconda of oh additional requirements and Anoooxida will promptly In writing tify Cliddcn whether Anaconda will furnish the aume or some port crecf. In core of willingness of Anaconda to furbish tho whole : r: Vi :1 1 : --ivo vTropviaic r.h .-.-'m* 1.. ' ,vhoruVr>r used l:i 'ic-trac t .oniij Two 111 ,.i: : Iv.:ri.:a to V.iddsn of v.i.ite t; v. t'.-d v/heri the .Tutorial is loaded upon cars f- r .t tc lli.idfn nt any point from .which ahiomont iu ituthorice.'! t '::n Idden asirumos all risk of damage or loss to the shipment ,r n.-iing and -while in transit. The freight charges from An&oor.da'a wor/.s to nay lUstiua- ur. to which Hidden may direct the shipment of white lean shall! be me by Silicon, but.Anaconda will allow tho freight to Gliddon on '.,'..10.11,:: to tiuj .loath & Milligan plant or other of Gliddon:o plants It L. f :;*jw '-t; i. , t..- t Anaconda -:viy desire "to SEST COPY AVAILj  ; '..n uo.sh 0r4esu frsa points 9tfc*r 13isa Seat.O'nl--;. - ~'i?t tr.ao npen any orltv for ! J.e Iona .i-ivsn V i'Lii -r.y In t',6 iisorstior. ra-JM ehirswnt of ts .lead om.-. i - ' tSji-r .!'.. -i_! pr.-ri- from ".nt Jh'-or.-o or K.iy cl.*--* - :0:u*- .\: - . ` jot* -'-o tno i ; .. *r-' : r-avi' . . ' / ..... - -i.A.ruver 3itu..iicd, and -*r,y *'/ ::o i i.. morcly oocouno it hr.a not n nuffiolout t.v-.l; . Lf' . . V lend u-t East Chicago. 8. - Inasmuch .\s the price to be paid for white load by Cliddon tiur.nr the provisions of nararaph 12 has boon fixed by the parties c-:Z:a U'.;; j ;> of deliveries thereof upon railway oars at Eust Ohioaro , l l.. '.v .m; that If Anaconda onaij. :nahe ohiprvuit from points othor tr o 1 ;............ / ' i'r::i;*ht or. :uioh uhipur-ntj shall ir. the Innv-.r.j-i . 5 v, : .j .r.ior.ut of froirnt rw:"t:'-u t- ?;. =-n :.l or ahi .`.ivnt'i :;: U .'rom a 7'oint or r-ntu ;..:! t:.--. ;-0.: o Uji.ju any oho ordor for oni pmsa t, sunl.; t?v- 'Mvu.'. '--it . 1 'Id lOlj .VOill.1 h.-.'/O bt ropiiTfO. to ; ' , . ' 1 . ,, filled ' >;,* -shipment from Eat t Chicago, inasoi.d-. L: : for ;:uc.. o:-:coi:s of freight charge; Luv if in any onc.j t'hv . .' of the freight charges upon shipment of any one order of a chipment Lc i:i whole or In o--rt made from n roint or pM- t.. - !< ,.i ii. a:.. ..*:t `.h-.: ': L.i.ieii v.'0,i ! v5 i'BEST COPY AVAil. PNYC 00010978 - : h oi .'lid^ep j -..,, ' . ': i frou Zze% 2fcic.*go, the taring Xu fr.:: : -c ys.--r~c _** suiting shall bo credited to and paid Anaconda `by aide.Ion- .'uerit and payment of balance owing to either parry by the cthnr or. .-".count of freight under the foregoing provisions shall bo ?aa;:-;y^nv'iiy at the time and place fixed for tho monthly payment for wc ..<> rmde by Clidden insofar as the same can at that time bo as- oc-.rlalnod. ?. '.n-.jonde whito loud is manufactured only by Armcon-ic and tho l.id ?n xiirod to be delivered hereunder must be delivered from Am.oondu'u present in:cold supply of the manufactured product cr that to bfl produced hereafter at Its existing plant in lust Chicu.^o. A... da's manufacturing plant is at pro;:cat chut iowr.. IV: nor- ...... ;iicn ion operating efficiently ic upu-o:-, l: ;..i- 1 v v.- "* thousand (5,000; 'Our of tb louo ..--r --* ..... the -c.ieunt c:' white loud which li idler. v.in.;;il < vloi-wl.' v ...... is only Nineteen hundred ninety two t tony rh.y both to Unit cn.-.h i-rooncti-::j .c.- - It h'tR been and there-fero l .'> yirat: .Vhcuever Anaconda's jur;;Ly oh '-::i ,. i hr cuiivery upon Clidduu nraers wintll bo lo:; .- li vcioired to be 'delivered duriiv any oihlcndur nouth r J BEST COPY AVAIL. ] _ PN''C00, 09?8  *' nr.e tenoa Of tfc* uozzrjrz c.1 ,J k t th- succeeding calender ,a..co of white Ir5;-i to others than r.;l.ldux.u. * ` y M :ao vhon Li'icnr.afJn ^or.ol- *n: ^ - ` by delivorioa upon Glidden or^^y-3 -.-r ! . ?;..* -;:-j ',hrtt the supply remaining ia no greater ih*r? r:ii to nuilu necessary deliveries during the then calondur -."u ail deliveries >!iat it could he required to raalte under the - : 'ho ccntract luring the two succeeding calendar months, Am~ ' '. .-tar!;v ' V.nt and predate .-,t '\:o r* - .? ?*.: :*.' I l': l.oss than tr.o ti r-.e a.outha.' r- ; ;:.!. : ` l.'.r this obligation to jyar'-.tb M:e :l '-r '. .: " t.`-.love ,-rovidcd. is subject to .a.oh . a. : shall not bo dr.e;:;od bror.o.'j in j.aj' : ay ptten w;` ..ao operation of such plant, whether coi.iplutcj o- ha. de reasonably necessary by any strike of . -h a? a^r suoh strike be reasonable or unrenjon. ,h' a;, r by l -o u r c of railroad oration V.-toil:.' >: .. uri-n sf;cri.l>yn is customarily doacno c; nor if a;*oh j:-vration ^ rrupte-i >*r .rriveiiteo by fire; flood, ucsioent; or by c\r:are : ac.;iuorit.'-.l or v/ilful) of plant or property; nor if a.,y ;.a a-. ;t.u. laihil. ra -.Inir.g order of nny Mara vun.Uil restraint -a: Mr:*or<:..c;f;, wh-v t hur yeuoral. Mai.*- a ,, _ /jTv.oor.d.h;: ^-ounryo <>f ' . ' V'-- PUVC 00010*80 t j w *' to operation of the plant either My .. . .. _;. lor of the torn of the contract. In case of r.ay. aiuoori' of operation 00461' the provision nest forogoing rlnaov-Mr:, will net re duce its supply of white lead by sale to others than C.Mddan o v.'i./e below the tonnage required to ship all orders aforesaid -.vhio-: Gliuden shall have given, be required to, or havo the ric-ht to /;ire, und will ua&e shlpaent upon all 3uch orders as under the -provisions! of this contract required. fourth. Anaconda nay without liability as t) any default .v .tr/.v: *:l;t oporatlon o:' such plant during the unexpired t-ar::. " tj'astra-: . .:/ *.i`.a if fro-a fire or other can:- > Mr; t- an ring the remainder of c.M- ter:.:, M` in -.;;y .;. j - BEST COPY AVAjQ. PNY.C 00010981 iSt^S^TRSESSSSRiii celled '.'or by juch orderc; or Gllfidett iray n'-.ncvi Itn orJ.ru in and rc-itxlre deliveriao from such unsold whit lead on hand n; . bulitnoo of the ordoro remaining uncanoelled; or Gliddsn nay roQUir- tht .anaconda shall continue to ship all such, white lead upon order. t..if;yC.;;'orn given or thoroafter to b given by Gild-Son In tocor.!-.' rivh the provisions o: this agreement, until all such orlorp at:;.4', have boon regularly filled or such supply of white ljr,d 1 bo hunotou. All shipping orders ,'ircn by hli.hier; shall apeclfy thv .iv. Jar month in which such shipments are to to made, teiiy tiio time in the month when ouan ship ,ant is Ana conda will ship from its available supply of while a-sad the- rs?n;~ tity ordered or such part thereof as may be uvcilubLo Ter nh.tp:r.c:t thr-con as promptly as it uay be able to do so; bat i` L - ry- .-rrtios that Jvlnyn m shipment may occur i" 1. Jtriaea ^v.,.ov.-.or rv.-iSO;.^bJo or .. % 2. Dumage to or lt-.si.ruo Men of its ;v part thereof, or to aapj-lioa ->r materia' u. to the manufactured white? lead product, a..t.-.-v-r t:.-- c-u.: V>:' s.ich d-....;a-:c or <'u. strv,c' Lon :w. njc Lwcutai, . .v-lful in character* * . 7 liability of Anaconda to obtain the necessary . 1 BEST-COPY AVATl T] PNYC-00010982 * * tl". ."I'.tj cannot in an./ .`.on V rr *.:> 1-- . : .... *J;3 ,,*ct or aacli co'rrolltii&r or l/ic;.?.-: i`-nr; . c-nd-;. In Unction -or restraining order >yw r - v-* inc-r-fwb tr.or :Mi,Ur,.lt > . In-; '.re, Hi C on . 7. . 'j/icr . 7lou.n Vj ,; l.v.': . ... '.. ; L+.i :;rcvi-."xri oaJ errtar :r.c:--.r., :...; : r :. '..7, buon .Txice tiitroon orior to ,-iviru; iv? H ; zo araat bo in v/r i Luc and design to 7,:; :*o; ` ; . or-itir intended tc bo e;-;.celled. Cr.'.i:;:.i,... 1.:, . '-r -vhon t:i^ to i'-.v , .brior ' ?0v . ; - . ,:-.r to .r.z i:. -.^n.ior r. t.. 1 t order : r r- y be i ...in :* U. lb re .;Ure ' . . ... =...; . ; ;:1\ .. .* ' :: 1 I ... i later than sucb net* v;j.L. .<. tron;..- .. le ' v/L*.-;!.. me -bfi of *. no t b~ i~. n. PNYC 00010983 drill 1; on nado in the i'orth ir .vhinh tho r*u-.t vct-mlly mate, and. pajanect on aoo<m.at thereof nr.all V.- :&,&* .on . ; - *v-.. :-'\h day of the next aixooeo.Hrig onlc : Ki.- .;.v->lh; t i-r ..u. * > : ;^.ij therefor shall bo the price payable for l-mi &.*:yr-v3 i.-; ihe r.'>ntv in which sssh shipment shall actually bj rad* or. i'-'j'h.ontu in which, the same was required to he shipped by the i*r;:.a ot' the shipping order, whichever is lower* the term of this contract unless the narjo she*.:I.-. v.. . . . '.r ` ; . .vllco '.`j'.i vt. . . . . -r-i`. -.iv.n ' o r' r :. . /, *:.0;Oon orlf):C vr-v ?! ,. .* ;o;. Li l.l-.. -:**' in. .; v;.y -. * - 'I Ii Th:: weight of while lend *:> ho i.i.Lrl r n:.;. - ... . i v vt:- ,i;.ed by Anaconda at the 0C4.nl <: S:\l . .* *i */ -r.',y {i . .'or error as below provided, Anaconda's doler;;;itvit le-n ill: my-iml. . - ...i::- lt:a- thivi.l he aocoplod ay iii.nl ur.' 1 Lnn.n ;.la d*i -y .if lor *-r:'Avnl of the 1: A .at `declination notify Arnconan ir. rlllny ofu cJni'n o;' err--:' inwof-ht reported by it, ri in ii. landed l. t any . ma af* oontro'/ora lea i.-`.t n;' rs-cimd ..mil mUiitlOd by tl.O parti on .--M-.-i. iLtlu'. V-." . .i.ii. .1 . Pil .nd .Vj .: o:-.*i .../ j'iVtioC ./L . 1 'niOCpt *i: i buT.-,d iy tiiC J'jvll. i MJ ' :--'- . ' 1 v- vtx nvl.;Li t--..*. ii- ' `-1 . y .iU'f-. .iii^uii, jJtl'.o:: > .y n '.. * ::.v-.ih f'.T nil loud nl.iypud under priv-Lo ` aft4 oo' i -iys-r. tbs nulls c-: lha rrstght thore?.' : ls. . ` .: '. ior to sivoh. iato wVch Arbtt.--? $a . Mt.r*. r.^reon to phy rov - `' .-.i- - - y. *vT:y CRv tiicr.dcr nor:', h \ . .-f'.' ..' '-.UK month at Anaconda* j of.*;.. _n r. may in witlng direct, in funds currant .;tth .* ;-.r ;;e.v Vori: City or Chicago, or ,vith exchange added. A deduction may be made from the auou_n+ p.-.y 1....: ut the time abore stated of the amount (if any) which anaconda may *it .inch ticie be under obligation to pay Cliddon, under the provision;: ' -. f-yrauh 3, on account of freight paid by Gliduen, but each iod-:.1- ill 1 not exceed the amount v/hich Anaconda shall then oc:iu ml payment for the. loac shall not bo del .y*& . -rv. Mil .mount payable by A v> ^-ruir. a-: I ii. h.ru-raph 1?. - . I n.-.nil I'O deto ;! .inyvj ;i.; `: fit*.1 average monthly price f>'jv o >f-c < pf during the calendar month witnin which ouy turen as puwlichod in The ;xrlni-ie>*l ie >*nc Minify t o '-j v : *.v . b e s t ~c o p y a v a il .) PNYC 000109S5 '-Mt* lead, SjaajXir :;Xf t&a aroroga monthly price or pig lend he ocnta Gliadan will pay inaoonda 3lx (6) cents for dry rh^fc If `.lie arerng* price- of pis; lead bv Tour one cne-haif (.4-1/2) cento. t: i ldou will pay Anaoohua sis and or. o-half (6*1/2) cents per p-.-urd Ter ir/ white lesd ?i*.v parties v?i3h to proteot each other against the re~ curr .rv.:t: of nuah disturbances in tritiness conditions ee hare character- U....5 rec:it yoaru. inajun-is therefore agrees, that if ot the time -f any shipment- :m.dy under thin contract Its open o&rfcet price for ry .hiho load, ahull bo lower than the price to be -Ou-.pxited by -ho inho A in Paragraph 12, then Glldden shivU -vn7v : evr--- <;i '. - .lipmoiit the said Anaconda cr. .-yine* i:s. \- v.-.'y.r-.: if at any time within the term of this contract `l. ,-!:- ,\.l :,nr;:ot price of dry v/fcito load is more than a figure -rvrxv^i at _ v.r . -vj cents to the average monthly priue or - ' ' /.* me>:t upplioa if made witr. in fiod o-w. --r - the first four (4) days of ihi ::t,:;t -.cocoodin * -r I shall bo ::iado for "Delayed shipment:; " ua ir. lura.-'rapn V ; i?. Insofar as the purtix' m.i-'.'-c i;.:. la.'fully o io agreed that . *o r~=^_' .jBEST COPY AVAIL. I PNYCMO'WBS 111 disputes ann c r-i"` ^ :: tom jf this agreement Xu respect. of per/or ra;-. v*. ...". c:" ohnarr* and perform tie obligations hereof,, ahr-li i ; ;>.;t-iLtfiv: at tbe election of either i'.rty for determination :c the- irbi lion. committw of the national Taint, Oil and Varnish 4V.*. x ' ' ?! . "atkih icai.-.ttt&e in hereby authorised to arbitrate nr.d -r *\-~ 'j ' :20 lartiOC SyrvI' tv ' - :-fi:~ ! '. focicicnu .7hiea in. cither party desiring to any matter *. )!*.:'. .s ?:u*ify the other in writing 0*' Hr ii.t.^u; on * - . 1. such notice shall state clearly the question or .avtc* to be arbitrated. such. proceedings shall thereafter 00 hud and uvv.. each notice and under such rules or regulations or diivctl-^n -... Committee shall in its discretion establish or yira. notwithstanding the foregoing ;.-vovl.: . . '. .. r- . cither party racy nt its ejection at u..y tine upyly to u a.-' h ;uity for any in junction Mandatory or prohibitive or f<- ... . :rfor;:;anco or for a cancellation of the contract .vhonever I-, i. viand tnut each action is reasonably necessary for the protcci,!,-:. ; :.c rights. 24. V. af t:;j.r. contract" .ka..i my e r'l v . . <. wherever herein used ...earn; a uoi-'<>a >f -: t. r -o-ana - r m' first day of October, notion r..ve::*y <u... '. .. of .nOi'Loiober pinr-tocn jv/c.-.ty t.vv.. this contract r.i.ny bo e>: tended for an a .. .'-.nr ^4} years from and aftor the thirtieth day *> v.vr>;;ty t'.vo, but only upon the follcnving connitior.:i; ,*:v ________________ - PNYC 00010987 ;gST COPY _ .<*;* *.* its oleo Mon notify Gliddei! in l.,*;-, . Sb) du.yc before the sapirattop. a. the term h-.ji'O.' that o'ijh term will be extended for such additional period* and In such c&ao the term will:be eo extended Glidden now consenting to such extension if such notice be given* Glidden may at its election notify Anaconda at least sixty d-yu boforo the expiration of the term of the contract^of its icisiiv to nave the term extended for auc-h additional period, and in jueh m.: o the Mr;.". will be so extended unleoe the Board of Directors oi A:.- " on.i ; r'.iii.l within thirty (30) days aftor receiving ouch notice fiGlideun by resolution determine to discontinue the business-of .uur.';fkcturlng its white lead, and shall within such period of thirty.- -Any-: notify Clidien in vrrltinc 3uch determination, hut if ;ourJ :::.*sll so determine to discontinue manufacturing and Giiddon .;:bM . v';'.TO shall be* r.o * ;: tc:.:i t..'- v>. r:*:; ;ro\'\ ;>..;l ;, `-I-.. ;/roc::ent Anaconda ahull ' to rei-. oi ....-inufuc taring ou-:h while lead fv; at it:* -id ju.ro It will ;-ro;::ptly notify Glidden in writing of the dr.to upon :.<! ,*..iiiOij;..:. :;0 z`y i.. ..rJ `.iiit' An ;vO:to; j ; jii tr.'i parties he veto v; i. 1.1 u:. 1.. oi tfiiu -i. i'ln;...uu> r,,G i>;/ vvi by r.tTopient, but. not ::<oru tuun air/.ty re resumption of manufacture; except th-ut BEST COPY AVAIL? 000^Q988 pu^c  rs.vVi'<o:: ?** thlu a^ro^tneat found for *?:* organic*. - ;,,/' -T-. .nr vj proTtslon for the rrt.a-.n-wi; c: -: V:. -.artlec- r'.hall othorwiae u? &g?*4, i : . ' >v *' ' t*.: tho 1*. or.dh agrees that tho white .. 1- uJ.Visya bo of itn boot st-'indari or-.ac \nu v ".v'-iob Cliddon h&e regularly rcooiveA from A.^ao^r;-:?* yf this ofr-tro-ct. io*.. v. tv.n.'.Jy ic ; l-i- tv-.. L i -. .. . -. c c cancel;ation -!' y cr.'or . ;i olidd&a 07 moil ouch actio-- will !u.- ' - .. -i.%. .'... ? receipt of the oumo by it. At the time of tvlo^rawhin;* or^u-r .:> ' t: . ! ..`.o- tolffranj v/lli at O'lou u .-. .`.Lrf,; j ..: - ;> tne vo^eiving tho telc.-ra": -11:.. Jollified in *voti;v etc ruanc with it;; tcr::;o uu r--`ooivi,dt before receiving the letter of ...... t-i\j i, . s.-i-:. r*-I-.;; tc ;,}::l.oond will he.- nrj . ; .;> ' ' i .' i : ..-'li .'.aj, hy.. ;0;-` Ally, iii.Lo;.-, ana :r : . n ,'y An;: O i Ot L , ..nd All .a PNYC 00010989 Ot'.iO ,-i i*. . by iw. ?7h*jn not eient by sail or 'rr-.^r-nt Co h<; *ixe.^uted in their 0or-.cr.'.te n -:y their re.*;- te. 1 v. rTe.;i..\is!ita er '-`residorita, and thwir corpor-vto to ' ro`. *. iiiTiviad, attested, by their respective .Secretaries or Assistant w>cre- tarlcu, as of the 23rd day of September, 1921. AUACOUDi LEAD ?SO~JOTS SOIIPAKY, 3yWU. V/RAITH ( Its President. Secretary. 0-^IDix-ul 00b_i AiY } :>y Aima :: l . j o t :;-: Its nre-Jid ei:t. ( _______5?_3. .!0K53DgaH_____ .-secretary. ! ! ?:iui*e being: no further buslner : be-for-. ; '- .o', ivn duly ;aude and seconded* the jcoetix?.': ud^ourr.od. ! __. BEST COPY AVAILn PNYC 00010990 'BEST COPY AVAIL.J 010991