Document Yx3v1VQ2dxOY62aD0pLGYjoK

fmpw-w . 'V -t-*< ' .' * '% - . Jt-a^.-,;.-,!,J-. fejMiWiBC'p6faf--.ariie: LEAD INDUSTRIES ASSOCIATION * S* LKX1NOTON AVtNUK NCW VOWC 17. N.Y. Decedbar 27, 19lif SUBJECT! BOMgq FOR 1950 To harsher* of the Lead Industrie* Association! The Board of Director* of the Lead Industrlss Association, at its neeting on Deconber 9, 19b9, recoamended a budget for 1950 of lSii,000, aa compared with >110,000 in 19(9, to be diTided aaonc the various Divisions of the Association ns foils**! ffUIKIRT A-VDSAJTTT AHD HTOIENK FtTHD - Cm budget for 1950 for the Ordinary Fund, iiw eluding Safety and Hygiene actiritiaa, has been established at $102,000 of which $96,000 is to be subscribed and v6,000 to be taken froo resenres at the end of 19(9. Of the total, v11,000 is to be allocated to Safety and Hygiene. RED LEAD Division - The budget for this Division was established at >21,000, tho sane ss in 19(9, of vhich {-10,976 is to be subscribed, (2,000 taken fra reserves at the end of 19(9, end 10,02( to bo transferred froo the Write lead Research Rund, the transfer to be credited against oach individual company's subscription in the aaourrt originally subscribed. METALLIC LEAD PRODUCTS DIVISION FJVD - The bud get for tnls Divisicn vas established at >25,000 for 1950, til of which is t-> be subscribed, ex cept that 11,-002 in tht C.hcct Lead fund, origin ally subscribed by mining eoajvmics, is to bo transferred to the Tirielon as s crodit against nining cos^ranles' subscriptions. ETOCinOH-J. SgiVICE DIVI3ia,> rr.Z) - lbs budget for this Division was established at Jr,000, all of which It to ba taken fron funds and assets at hand to cowpleta the liquidation of this Division, i I I N1689