Document a5qE42aEpg5zNg69oJXOknjM

Minutes of meeting of Executive Committee held December 5. 1955. Present: Messrs. Beschorraan, Carter,ARockwell , Sidford and Thompson. The minutes of the meeting held November 27, 1935 were duly approved. On separate motions the following resolutions were each unanimously adopted. Bi-bOLv'iii/, that the proposed expenditure II of the sum of 33433. by American Bearing Corporation for true purchase ana installation of a Sundstrand high speed latne at its Indianapolis Plant, in conformity with etter of ^r. Peter rbambertus, Vice resident, dated December , 19.35, be and it hereby is approved. RESOLVED, that the proposed increase of the 1926 budget of Forest Products-Bett^r Faint /Campaign, under the direction of need industries x /Association, to the sum of ^23,000. be and it nereby is approved, and that tne officers of the Company be and they hereby are authorised, to con tribute this company's pro rata share of such increased bucget, approximately 310,370., as from time to time called for by Lead Industries Association. RESOLVED, that Oeorge *. "ambold. Assistant Oeneral Suoerintendent, Atlantic Branch, in addition to tne other officials there unto authorized by resolution of this Committee I adopted December 14, 1933, be and he hereby is ' authorized to sign checks, drafts or other orders for the payment of money drawn against the Petty Cash account of said-Branch with FIRST RaTi ONa L BANK OF PcRTri a ^bDOY, of Perth .mboy, ew Jersey. RmSOLvED, that pensions of 383.35 a month, ,j 390.42 a month and 330.72 a month, all effective January 1, 1956, be and they hereby Are granted conn S. Pingree, John L. Li^hyman and John J. Joyce, respectively, nationaiBoston j-.ead Company, to be paid by the tension Board in accordance with its established rules and- practice. N 1227