Document aJraQJ6Z4yLjRzV1Yr2a5xeqN

Philadelphia, Pa. September 18, 1944 At a regular meeting of the Directors of John T. Lewis & Bros* Company held this day at their offices in the widener Building, there were present* J. V* Gardiner S* F. Reeves A* M. Wilson L. T* Beale President Vice-President Vice-President Director The meeting was called to order by Mr. J. W* Gardiner, who presided, and Hr. A. M* Wilson reported the minutes of the meeting. The minutes of the meeting of September 11 were read and approved. Mr. Reeves stated that our CAR in the amount of $2110.00 to cover the cost of removing siz hand furaneea from our Oxide Department had been approved by the General Office. Mr. Reeves reported the following comparative figures for the one month of August and for the first eight months of 1943 and 1944, including the estimated taxes, but without New Tork overhead* OHS MONTH ---------- August, 1943 Profit - $4,699.48 August, 1944 - 22,887.46 KIGHTMOHTHS T 1441 - Profit $180,083.00 1944 - 98,316.01 Ur* Reeves presented a CAR in the amount of $1400.00 to cover the cost of installing four additional circulating pumps in our T. S. P. reac tion tanks. This action is on a recommendation by Mr. Stewart in order that all plants producing T. S. P. Lead operate on the same basis. On a motion made by Mr. L. T. Beale and seconded by Mr. Gardiner, it was unanimously decided to submit this QAR to New Tork for approval. kr. Gardiner stated la connection with granting loans to employees that in accordance with Mr. Rockwell's request, we will discourage future re quests. kr. Gardiner mentioned the possibility of our being allocated oil for Golor-in-Qil manufacture, and it was agreed that we should investigate the possibility thoroughly from all angles in the hope of not being out of this market too long. The regular report of dellverips for the week ending September l$th was submitted by Mr. Wilson. There being no further business.