Document bBgjgj7nDzDV7pez0MM70q83D

ft -1- I certify that this and the following 41 pages contain all of those true copies of parts of the urinates of board meetings of CSR Limited between 1943 and 1955 inclusive relating to Hidalco Pty Limited. Extracts from CSR "Board Minutes (1943-1967 incl ) concerning tfae/Wittenocra Asbestos Venture. Date 4 i Extract fron Board Minutes 4^ 1943 24th March, 1943 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and the Acting Qgrtf>yal Manager. The registration of the Asbestos Gcnpany in Western Australia under the rate of Australian Blue Asbestos Limited was sanctioned. r -..2Ist.jgria;t.:194-3-_; ^ -.{PresetR.Rtox;;(Qi&ix>/:N-W.Katet,v W:'-V? * rrfayf~vft tftlsnrr'f .K W Prp and the* flahbral- ' . " * Manager. Mr C W R Powell outlined his visit to Western Australia in connection with asbestos, and it was agreed to take up - further shares in Australian Blue Asbestos Ltd , for the purpose of building a settlement, and that the Carpary would respect the Managing Agency of the Asbestos Coy at a fee to be arranged later. 23rd June, 1943 14th July, Present: E R Tick (Oiaix), N W Kater, E W Fairfax, D Wilson, H K Pope and the General Manager. The Agreement (in duplicate) between Australian Blue Asbestos Ltd and this Ccnpany, appointing this Carpany Managing Agents and sole distributors was signed and sealed. pveeant ^ T3 v----y <nu -. i y. \ v r.i p- c --c^.. ^ Wilson, H N Pope and the General Manager. . . , the Ccnpany appointing Mr C W R Pwell, and failing him, Mr G N Vtorledge, its proxy to vote at meetings of Australian Blue Asbestos Ltd , were signed and sealed ell 0&2* "r-s?s 8gw $jU.' rWO TJ 8<5- 733 OvQ^J 6.3. CL G-Sg 13th October, 1943 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope anc the General Manager. It was agreed to apply to the Treasury for permission to issue 40,000 additional 1 Pound shares in Australian Blue Asbestos Mf 1 M||vJiATS> op Oo^- |fl42-6'l ud 1QS5 .. :-> Kwdi"lhemaflerof SVSSa^ 1944 22nd March, 1944 Presents E R Knox (Pair), N W Kater, E W Fairfax, D Wilson, K N Pope and the General Manager. A mEroarandum dated 16th instant, by Mr C W R Powell was read, and it was agreed to authorise a further an the shares already held in Australia Blue Asbestos Ltd of 20,000 Pounds, also to rent plant and nachinery to the latter company on a 12 5% basis to the value of 32,000 Pounds 12th July, 1944 Presents E R Kick (Qiair), M W Kater, E W Fairfax, D Wilscn, E K Pope and the General Manager. A report by Mr C W R Pos-ell on Australian Blue Asbestos Ltd , dated 11th July, 1944, was submitted, and it was agreed that this carpany should apply to the Treasury for permission to'issue a further 20,000 founds of -ordinary .capital,. and ; -.rtdie'.CSR .Cp"',Ltd;-'wqUjd -take''tis up.frcciV > v: :- tiire to'time, also that the CSR Co 'Ltd would finance plant and asbestos fibre through its Hiring plant Acoount up to a total of 48,000 Pounds 8th November, 1944 Presents E R Knox (C3iair), N W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. She position at the Asbestos Mine, due to shortage of labour etc , as outlined in Mr Peril's note of the 1st instant, was reported 29th Novsnber, 1944 Presents N W Kater (Chair), E W Fairfax, D Wilson, H N Pope and the General Manager. Photographs of the settlenent and plant of Australian Blue Asbestos T.im-iteH at Wittenoan were submitted 1945 1 1 ^45 it: E R Knox (Chair), B W Kater, Z W Fairfax, D Wilson, H N Pope and the Manager. It was agreed that the Company should take up a further 50,000 ordinary shares in Australian Slue Asbestos Ltd Produced in As Personal Injury C2ses: At-: :; snd copied to Ricnaro K. :cr*jggs -3- 31st January, 1945 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. It was agreed to pay a further call of 6/per share on 50,000 new shares held by the Caipany in Australian Blue Asbestos Limited 7th February, 1945 Present: E R Knox (Chair), NW Kater, E W Fairfax, D Wilson, and the General Manager. It was decided, as a result of Mr C W R Powell's oral report, to continue operations by Australian Blue Asbestos Ltd at Wittenocnt, ; further, that Messrs CWR Powell, L L Gilzoour and M King should proceed to the United States, and possibly Great Britain, to obtain information concerning building materials generally A4th March, 1945 Present: E R Knox (Chair), N W Kater, E W . 1 Fairfax-,'D-Wilson,. H N. Pope .and-R W Harman,. .J5;.> ^a* .- T. >>' . *'Damage caused by heaiyy xaift at wittenbczb was reported 4th April; 1945 Present: E R Ktcdc (Chair), N W Kater, E W Fairfax, D Wilson and the General Manager. 16th May, 1945 The Board were informed that the de Benales group in Western Ansttalia were receiving assistance from the State Government in respect of the mining and/or serketing of Blue Asbestos Present: E R Knox (Chair), N W Kater, E w Fairfax, D Wilson, K N Pcpe and the General Manager. 13th June, 1945 A letter fran Mr C W R Pencil dealing with Australian Blue Asbestos Ltd was circulated amongst the Directors Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. A marorandum by Mr ` G N Vtorledge dealing with future operations of Australian Blue Asbestos Ltd were read; also a cable fran Mr C W R Pcwell, dated 11th instant . ...v-. . Injury Case-*: : : ; monied to Riojiarc i-. 1 -4- .>>< 25th July, 1945 Eresent: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H H Pope and the General Manager. It was agreed to apply for a further 50,000 ordinary shares in Australian Blue Asbestos Ltd 1st August, 1945 Presents E R Knox (Chair), E W Fairfax, D Kilscn, H N Pope and the General Manager. Extracts w=re from Hr 'Powell's letter, dated 12th ultimo; also from a Perth letter outlining the interview by Mr Tucker vith the Minister for Mines in connection-with the development of Australian Blue Asbestos Ltd 8th August, 1945 /' Present: E R Rnooc (Chair), H W Kater, E W Fairfax, D Kilscn, B N Pope and the General Manager. A request .by K A . Blue Asbestos Fibres Go ' - -Ltd: Vteethe ;:tatei ''Ggvern^;-^Westeni, ' Australia for a subsiifyper ton of fibre' produced was made known 5th Septenber, 1945 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Kilscn, H N Pope and the General Manager. ^.letter from the Mines Department, Western Australia, in connection with the request of Australian Blue Asbestos Ltd for a subsidy was cade known, and the Caipany's reply there to indicated 12th September, 1945 Present: E R Knox (Chair), N K Kater, W Fairfax, D Kilscn, H N Pope and the General Manager. Further infconation was given concerning negotiations by Australian Blue Asbestos Ltd with the Government of Western Australia in the ratter of assistance to the Asbestos industry 17th October, 1945 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. The Directors' Report for the year ended 30th June, 1945 on Australian Blue Asbestos Ltd was read, also a letter from the Secretary of that Ccnpany to the Managing Director, dated 13th instant, concerning the proposed embargo an Asbestos Produced in Asbf Ttcs Injury Cases: Alr-ra^s !.- and copied to Richard F. t c/^cos *-5- 1946 23rd January, 1946 6th February, 1946 ;27th;Fhruary/4 -1946 20th March, 1946 1A.-V J/ Present: E R Knox (Chair), N W Kater, E W Fairfax, D 'Wilson, H N Pope and the General Manager. A serious accident in ccnnecticn with the breaking of a crankshaft in the Rustcn engine at Wittenocm was reported, Present: E R Knox (Chair), M W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. Mr C W R Pcwell reported orally on Australian Blue Asbestos Ltd and it was agreed to continue operating this Qcnpany and for the time being to call up no additional- capital, but to finance the project in accordance with the suggestion contained in Mr Powell's memorandum of the 22nd January Present:-; R 'Fairfax,' D Wilson, H il pope^'amd tie General- ~ v . Manager. It was agreed that the Ccnpany should endeavaar to make a selling arrangement with the Jchns-Manville Corporation for the disposal of Blue Asbestos in North and South .America, also that Tfcsranian Asbestos Pty Ltd should discontinue operations, and the plant and buildings at Zeehan should be dismantled and disposed of Present: R Kick (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and R W Hareran. A letter, dated 12th Iferch, 1946, fran Felt & Textiles of Australia Ltd in reference to Asphalt Floor Tiles was read; also a cuuuunication from Australian Blue Asbestos Ltd concerning the exemption fran taxation of industries in North west Australia Present: Z R Knox (Chair), N V? Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. A memorandum by Mr C W R Powell, dated 23rd instant, in ccnnecticn with Australian Blue Asbestos Ltd, vas circulated amongst the Directors Produced in Asbestos i- arsons, injury Cases'. Abrams k ^ copied to Ricnird r. -6- 7th Angust, 1946 Present: E R Knox (Qiair), N W Raterf E W Fairfax, D Wilsctn, H N Pope and Dr R W Harman. It was agreed to proceed with the development of Australian Blue Asbestos, Limited, to attain an output of 3,000 tonnes of fibre per annum along the reccrtnended by Mr Powell in his memorandum of 23rd July, 1946 This involves the support and assistance of the West Australian Government, the appointment of a Mine Manager and an Underground Manager, and capital expenditure of 130,000 Founds, of which 81,663 Pounds is far development of mine and mill and the renainder far working capital It was resolved that the Ccnpany approves an application to the Treasury by Australian Blue Asbestos, Limited, for permission to increase the necninal capital of that cccpany of 400,000 Pounds 14th August, -194$ Present: E R Knox (Qiair)N W Rater, ,E W - . -y-: : y v- y-y-'V' .Fa4xa?c>;;.D-WilsonH-N.Popeand- Dr; R W |jazm3oi>.-; It was agreed that,' should Australian Blue Asbestos, Limited, decide to raise capital by giving a mortgage or floating charge over its assets as an alternative to increasing its share capital Die Colonial Sugar Refining Company, Limited, would grant a loan up to 130,000 Pounds cn terms to be imimaL.j- agreed Transfer of 5 deferred shares, numbered 80,026 to 80,030 inclusive, in Australian Blue Asbestos Limited, from the Company to W J Barra was, by resolution, signed and sealed 25th September, 1946 Present: E R Knox (Qiair), N W Kater, E W Fairfax, D Wilscn, H N Pope and. the General Manager. It was agreed that IfcCWH Powell should proceed to Perth with the view of negotiating the purchase of plant and leases frcot West Australian Blue Asbestos Fibres Company, Ltd , for a consideration cf up to 1CC,CCC Pounds Ordinary Shares in Australian Blue Asbestos, Ltd , at present held by the Colonial Sugar Refining Coipany, Ltd Produced in Ashes'os Personal Injury Cases: Ab-rs.y-i J-ih and copied to Richarc r. Ccruggs -7- 9th October# 1946 Present: E R Knox (Chair), N W Rater, E W Fairfax, D Wilson, K N Pope and Dr R WHannan. Extracts were read from Mr CWR Pcwell's letters of the 3rd and 7th October (written from Perth) dealing with Australian Blue Asbestos Limited, and approval was to the proposal to take a three months' option to cover Mr Faye's latest-offer, viz , that for a consideration of 50,000 Ordinary Shares in Australian Blue Asbestos, United, to be transferred by the Colonial Sugar Refining Company, Limited, to Western Australian Blue Asbestos Fibres, Limited, The Colonial Sugar Refining Ccnpany, Limited, should acquire the vhole of the assets of Western Australian n)iv Asbestos Fibres, limited, and should take over a liability of 25,000 Founds owing by Western Australian Blue Asbestos Fibres, Limited, to the National Bank of Australasia, Limited. '16th .October,'^945 *; .'.presents(Chair>,;.N H Rater, W 'v. Fairfax,- D Wilson, H N Pope and Dr R W Harman.' Extracts were read from Mr C W R Powell's rognorandum of the 16th October giving further information regarding the results of his recent visit to Western Australia, and sr* application by The Colonial Sugar Refining Conpany, Limited, for 50,000 shares in Australian Blue Asbestos, Limited, and the allotment by that Carpany, was confirmed 6th Ncivsnber, 1946 Present: E R Knox (Chair), H W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. The following documents were, by resolution, signed ad sealed 1 Agreement betvreen this Company and Lionel Chrysotile Asbestos Limited, granting to us the option of purchasing the whole of its Mining Tenements 2 Agreement between the Caipany and West Australian Blue Asbestos Fibres Ccmnany Limited, granting to us the option of purchasing the whole of the assets of that Carpany situated in the Hammersley Range Produced in Ashm*-- r-.rw-s; Injury Casas: A!'----- j copied to Richaia P. s" -8- 11th Decanter, 1946 24th Decenter, 1946 -j.947 . 22nd. January, 1947 29th January, 1947 * ^th February, 1947 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. The breaking in to the freezer and the removal of teer and the subsequent happenings at Wittenoom, culminating in the rain offender being found guilty of disorderly conduct, was made known Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, E N Pope and the Gfflftral Manager* The General Manager was authorised by the Board to sign an agreement between the Ccnpany and Australian Blue Asbestos Limited, dealing with the hire of plant fraa the foaaner to the latter Ccnpany 'Present: E R Knpx (Chair), N W Rater, W ' Fairfax? ;. Wilson.//H -N' Pope and' th General' Manager. '* It was agreed to take up a further 50,000 1 Pound ordinary shares in Australian Blue AsbeStOS T.4TTrigH . ^ .; Present: E R Kftax (Qjair), N W Rater, F W Fairfax, D Wilson, H K Pope and Mr G N Wbr3dge. It was decided that The Colonial Sugar Refining Company should exercise its option to taJce over the assets of west Australian Blue Asbestos Fibres Conpany T.irrnfgd cn the terms as reported to the Board on the Sth October, 1946 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, E N Pope and the General Manager. The following documents were, by resolution, signed and sealed Dctensicns (in duplicate) to 31st March 1947 of the undenrentioned options (1) OPTICN OF PURCHASING THE WHOLE OF THE ASSETS OF West Australian Blue Asbestos Fibres Ccrrpany Limited (2) Option of purchasing the whole of the Mining tenonents of Lionel Chrysotile Asbestos Limited Produced in Asbestos Person^ Eyases- Abrams leaf ono Zied to Bichard F. ScrusS- 16th April r 1947 23rd April, 1947'. 14th May, 1947 28th May, 1947 4th Juris, ' 947 -9- Present: E R Knox (Chair), N W Rater, E W Fairfax, D Wilson, H N Pope and the General Ifenager. The following documents were, by resolution, signed and sealed at the Board Meeting held on the 9th April, 1947 Extensions (in duplicate) for three months to 30th June, 1947, of the undeonenticned options 1 Cption of purchasing whole of assets of West Australian Blue Asbestos Fibres Co Ltd 2 Cptian of purchasing virele of mining tenements of Lionel Chrysotile Asbestos Ltd Present: E R Knox (Chair), N W Rater, E W Fairfax, H M Pope and the general Manager* It was agreed that Australian Blue Asbestos, Limited, should finance Messrs ftH-ipw. & Radiy in the purchasing of a truck Present: E R Knox (Chair), N W Rater, E W Fairfax, D Wilson, H N Pope and the General Manager. Hie Western Australian Government's delay in arriving at a decision concerning the proposal to further the mining of Blue Asbestos at Wittenocm was reported Present: E R Knox (Chair), N W Rater, E W Fairfax, D Wilson, H N Pope and the Manager. Further information was given regarding Mr W J Baird's negotiations with the Western Australian Government in connection with assistance at Wittenocm Present: E P. Knox (Chair), II W Rater, E W Fairfax, D Wilson, H N Pope and the General Manager. Further information was given in connection with Mr W J Baird's negotiations with the Western Australian Government in connection with the work at Wittenocm Produced in Asbestos > Injury Cases: Atra-.-.s =<- - -*a*.a copied to Richard F. v-cruggs 9th July, 1947 ,. "3th August, 1947 20th August, 1947 1st October, 1947 -10- Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. Hie following documents were, by resolution, signed and seeled s- 1 Extension of Option (in duplicate) of purchasing the whole of the assets of West Australian Blue Asbestos Fibres Co Ltd for a further period of three months to 30th Septenter, 1947 2 Extension of Cpticn (in duplicate) of purchasing the whole of the mining tenements of Lionel Chrysotile Asbestos Ltd for a further period of three months to 30th Septenber, 1947 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, B K Pope and the General Manager. Mr C W R Powell reported on his recent visit to Wittenoca and the prospects of this venture to Wittenoan and the prospects of this venture now that it nromM clear that both the Government of Western Australia and the Federal Government would assist the establishment of the Asbestos industry Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and the fterarai Manager. Zt was agreed to advance further plant to Australian Blue Asbestos, Limited, byincreasing the value of this iten from 59,000 Founds to 112,000 Pounds, also that this Cacpany should issue a further 100,000 1 Found shares and apply for permission to increase their Authorised Capital frcm 400,000 Pounds to 500,000 Pounds Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson and Dr R W Harman. It was reported that, in accordance with previous approval by the Board, Australian Blue Asbestos T.iwn-t-gri had, on the 30th September, exercised the options on the assets of West Australian Blue Asbestos Fibres Company Limited and Lionel Chrysotile Asbestos Limited produced in Asbestos Pe.-cna injury Cases: Abrams;-'-* ww copied to Richard s-. 9 -11- 22nd October, 1947 29th October, 1947 5th November, 1947 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. She Chairman's speech at the Annual Meeting of Australian Blue Asbestos T.turitari was read, and details were given of the Tfrlanne Sheet figures for the year ended 30th June, 1947, also those of earlier years Present: E R Knox (Chair), N W Kater, W Fairfax, D Wilson, J G Crowther and the General Manager. Mr C W R Powell explained the shortage and price of asbestos cn the world's market, and dealt with our application far an increase in the price of blue asbestos, also the working of the mine and plant at Wlttenocm Present: E R Rick (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. The following documents were, by resolution, signed and sealed :- Transfers of Shares (2) in Australian Blue Asbestos Limited, pursuant to an agreement . dated 30th day of October, 1946 :- 1 42,500 fully paid ordinary shares numbered 250,001 to 292,500 inclusive fran The Colonial Sugar Company Limited to West Australian Blue Asbestos Fibres Ccrpany Ltd 2 7,500 fully paid ordinary shares numbered 292,501 to 300,000 inclusive frcni The Colonial Sugar Refining Company Tvirmi-eri to Lionel Chrysotile Asbestos Ltd l*(ociuced in Assesir-s Personal Injury Cases: Abrams aad ?nd cop.ec! to Richard F. Screws -12- 19th November, 1947 1948 14th January, 1948 1st April, 1948 28th April, 1948 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. By resolution, the undermentioned documents were signed and sealed :- Transfers of Mining Tenements (11) from Lionel Chrysotile Asbestos Limited to CSR Co Ltd s- 5 Mineral Claims Nos 233H/237H 5* " Nos 296H/300H Wiruar-aT Pla-itn Jfo 201H Transfers of Mining Tenements (28) from West Australian Blue Asbestos Fibre Ccnpany Ltd to CSR Co Ltd :- 3 Mineral Claims Nos 164H/166H Mineral No 168H No 171H * No 182H * No 188H 13 Mineral Claims Nos 220H/232H Mineral claim No 177H 3 Mineral Claim Nos 248H/250H Mineral claim No 309H 2 Miners Homestead Leases Nos 5L and L Subterranean water Right No 8H Present: E R Knox (Chair), E W Fairfax, D Wilson, J G Crowther and the General Manager. She destruction by fire of a barracks at Wittenocm was reported Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and Dr R W Harman. Agreement (in duplicate) whereby the Gccpany sub leases to Australian Blue Asbestos T.iTtnt-gH certain mining tenenents for the purpose of mining asbestos fibre, for a period of ten years from 1st January, 1948, vas, by resolution, signed and sealed Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. Mr C W R Powell's memorandum, dated 27th April, 1948, cn Australian Blue Asbestos Limited, was read Produced in Asbestos Forsons! injury Cases: ALrom Tfid and . copied to Richard F. Scruggs * -13- 5th May, 1948 2nd June, 1948 . *6th June, 1948 28th July, 1948 8th Septeriber, 1948 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. Bend for 500 Pounds, the Ccnpany in conjunction with Australian Blue Asbestos Limited, for the due erection of proposed licensed premises at Wittenoan was, by resolution, signed and sealed Present: E R Knox (Chair), N W Kater, E W Fairfax, 0 Wilson, J'G Crowther and the General Manager. A rnenorandum, dated 28th May, 1948> written by Mr C W R Powell, dealing with Australian Blue Asbestos Limited, was circulated aimKjst the Directors Present: E R Knox (Qiair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. Mr C W R Porell was present dvrring the discussion and it was decided to agree to the lecomiajriations set out in his memorandum, dated 28th May, about Australian Blue AsbeStOS T.(rm-fcgrf Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. Mr C W R Powell was present during a further discussion following his recent visit to Perth in connection with Australian Blue Asbestos T.imitaH Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson and the General Manager. A copy of Mr C W R Powell's letter of the 3rd Septentoer, 1948, to the Premier of Western Australia was tabled Produced in Asbestos Personal Injury Case?- At -err.? lead and copied to R>chc.ra r. >- -14- 22nd September, 1948 20th October, 1948 27th October, 1948 22nd December, 1948 Present: E R Knox (Chair), N W Kater, D Wilson, j G Crowther and the General Manager. Ihe Board agreed to the purchase of 9,800 deferred shares in Australian Blue Asbestos T.Stirirjari fran the L G Hancock Asbestos Caipany at not exceeding 6s Od per share It was agreed that Mr C W R Pcfrxall should proceed to England and America for the purpose of engaging a Mining Engineer, and that calls of to 40,000 Founds cn Australian Blue Asbestos capital be rate as required, also to order further equipment up to 64,000 Founds, through CSR Hired Plant, far the Australian Blue Asbestos Mine Present: R Knox (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. It was agreed to sake a counter-offer to the L G Hancock Asbestos Co of 8s 6d per share of their holding of 9,800 deferred shares in Australian Blue Asbestos Limited Present: E R Knox (Qiair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. The General Manager pointed out that the Auditor's fair valuation of the deferred shares in Australian Blue Asbestos Limited was 12s 6d per share Consequently, notwithstanding the Minute passed last week, he had declined the seller's original offer of 2 Founds per share and advised that the Canpany was not prepared even to pay the Auditor's valuation for the shares, and this action was confined Present: E R Knox (Chair), N W Kater, W Fairfax, D Wilson, J G Crowther and the General Manager. The General Manager.'s action is applying for 50,000 ordinary 1 Pound shares in AUSTRALIAN Blue Asbestos Limited was confirmed Produced in Asbestos Personal Injury Cases: Ai.-sms *> and copied to P.icnara ^ v*' t -15- 1949 5th January, 1949 12th January, 1949 19th January, 1949 26th January, 1949 2nd February, 1948 16th February, Present: E R Knox (Chair), N W Kater, E W Fairfax, D "Wilson, J G Crowther and the General Manager. Ihe receipt of a for 24,613 13 9 Founds fran S Rhys, of London, against Australian Blue Asbestos Limited was reported, and MrCWR Powell's letter of the 16th December, 1948, was read and discussed Resent: Six Norman Eater (Chair), E W Fairfax, C Wilson, J G Crowther and the General Manager. Mr C W R Powell's cable from Johannesburg of 8th instant was read and discussed, and it was decided to ask him to advise the proposed basis of employment Mr Worcester before engagement Presort: Sir Noonan Eater (Chair), E W Fairfax, D Wilson, J G Crowther and the General Manager. Mr C W R Powell's tvro cables of the 13th instant fran Johannesburg vrere read, and it was agreed that he should be advised that his proposed offer to Mr Worcester was approved Presort: E R Knox (Chair), N W Eater, E W Fairfax, D Wilson, J G Crowther and the General Manager. L G Hancock Asbestos Canpany's letter of the 17th instant to the Managing Director, Australian Blue Asbestos Ltd , was read, and it was reported that Mr P&sil had engaged Mr &jyn Morgan as Manager of the Blue Asbestos Canpany for three years Present: E R Knox (Chair), N W Eater, E W Fairfax, D Wilscn, J G Crowther and the General Manager. It was reported that Mr J Worcester had withdrawn his application for employment with Australian Blue Asbestos Limited, and Mr C W R Pc*rell, following his return from England, South Africa and America, outlined to the Board his work while overseas Present: E R Knox (Chair), N W Kater, D Wilson, J G Crcwther and the General Manager. 1949 The offer made to the Canpany by Mr E A Wright for the sale of 9,800 deferred shares in Australian Blue Asbestos Limited at 1 Pound each was reported porscn3^ aad and .cruggs 2nd March, 1949 . 6th April, 1949 20th April, 1949 27th April, 1949 -16- presents E R Knox (Qiair), N W Rater, E W Fairfax, D Wilson, J G Crcwther, the General Manager and the Secretary, Mr F A Tindale. It was agreed to reject the offer of the L G Hancock Coy for their 9,800 deferred shares In Australian Blue Asbestos T.turftw* at 1 Found each, and to counter-offer a like nunfcer of fully paid ordinary shares, or 12s 6d per share It was also agreed to increase the naoinal capital of Australian Blue Asbestos Limited to 1,000,000 Pounds, and to seek permission to issue and call up a further 100,000 Pounds in ordinary 1 Pound shares Presents E R Rhox (Oiair), N W Rater, E W Fairfax, J G Crowther and Dr R W Barman. The holders, having terrified to accept the Colonial Sugar Refining (Xnpany Limited's offer authorised by the Board cn 2nd March, 1949, of selling their Deferred Shares in Australian Blue Asbestos Limited to The Colonial Sugar Refining Company lAmi-teA at the Auditor's fair valuation of 12s 6d per share, the following transfers were, by resolution, signed and sealed:- - 1 3,900 fxcm L G Hancock 2 1,000 "LG Hancock 3 1,950 " EAM Weight 4 500 "EAM Wright present: E R Knox (Chair), N W Rater, E W Fairfax, J G Crowther and the General Manager. It was decided that Australian Blue Asbestos Limited should install the new units in the new Fewer Hsuse at an estimated cost of 3,000 Founds Present: E R Tnox (Chair), N W Rater, E W Fairfax, D Wilson, J G Crcwther and the General Manager. It was decided to reply to Mr S Rhys' letter in accordance with the draft submitted, and to approach the Federal Government as to whether or not blue asbestos could be exported to S Rhys Produced in Personal Injury Cases: . -id and copied to Richard k Scruggs -17- 4th May, 1949 22nd June, 1949 3rd August, 1949 17th August, 1949 14th September, 1949 Present? E R Knox (Chair) ,sw Rater, E W Fairfax, D Wilson, J G Crowther and the General Manager. It was agreed that Australian Blue Asbestos Mtinfrftd should purchase two 5-ton Bard trucks and 2,500 ft of 8" piping Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilscn, J G Crowther and Dr R W Harman. It was agreed to engage Mr Alan Daylor as Leading Counsel to Mr J D Evans as Junior to determine the extent of our cennritment in cconecticn with supplies of asbestos fibre to S Rhys, of Xondon Present: E R Knox (Giair), K W Rater, E W Fairfax, D Wilson, J G Crowther and C W Rothe. Mr C W R Powell's iiwmi'anriim of 29th July, in connection with Australian Blue Asbestos Limited, was circulated amongst the Directors Present: E R Knox (Chair), N W Rater, E W Fairfax, D Wilscn, J G Crowther and C W Rothe. Mr C W R Powell's senorandua of 29th July was discussed, in his presence, and it was agreed to confirm the expenditure of 5,850 Pounds already incurred far items not previously listed, and the expenditure of 15,000 Pounds through She CSR Co Hired Plant Account for the purchase of 6 rawn loaders, 4 Heavy Scrapers and 15 Mine Cars for Australian Blue Asbestos Limited. Extracts were read from the Auditor's report, on the operations of Asbestos Products Pty Ltd, which disclosed a profit of Pounds 31,941 for the year ended 30th June, 1949, before providing for Incane lax. Present: E R Rnox (Chair), N W Rater, E W Fairfax, D Wilscn, J G Crcwther and Dr R W Harman. Die Board approved of the draft of the two letters to be sent .to S Rhys, of London, as reccrmended in Mr C W R Powell's menoraixiura of the 12th September, 1949 Produced in Asbestos Personal injury Casas: Atr.-Tvs ;aad and copied to Richard f. Scruygs i -18- 2rxd Noveiter, 1949 9th November, 1949 16th Noventer, 1949 23rd Novatiber, 1949 Presmt: E R Knax (Oiair), N W Kater, D Wilson, J G Crowther, J W Dunlop and C W Rothe. TWo wanoranda rcm Mr C W R Pc*e11, and me from Mr P H Reagan, were circulated amangst the Directors Present: E R Knox (Chair), N W Kater, D Wilson, J G Crowther, J W Dunlop and C W Rothe. Mr C W R Russell explained his memoranda, which have been read by mentors of the Board during the week, and the Board agreed with Mr Powell's reccriTwndation that there should be a change of managaoent of Australian Blue Asbestos T.iTni-tod Further crasideration was deferred until next vreek feesent: E R Knox (Oiair), N W Kater, -D Wilson, J G Crowther, J W Dunlop and C W Rothe. It was reported that the Manager of Australia Blue Asbestos Limited, Mr G Morgan, had posted his resignation Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, and C W Rothe. It was decided that all senior officers of the Australian Blue Asbestos limited staff (i e those earning i/ver 600 Pounds on the CSR scale in the table appended to Mr C W R Powell's manoranriim of 22nd November, 1949) should be invited to join the staff of The Colonial Sugar Refining Co Ltd , and that the transfer of junior staff officers of Australian Blue Asbestos T.^reH should be considered from time to time an the recommendation of the Manager The staff and salary changes indicated in Mr Porell's msrorandum of 22rci Noveiter, 1949, vrere agreed to, and, in addition, it was decided to transfer the registered office of Australian Blue Asbestos Ltd from Perth to Wittenoau IT ALSO ALSO DECIDED THAT NO FURTHER Australian Blue Asbestos Ltd capital should be issued at present and that operations at Wittenoam should be financed by CSR Co Ltd funds loaned without interest and advanced as required, subject to the approval of the Board C l CO Produced in Asbestos Porson injury Cases: Atvr4ms in copied to P.ichara f. Scruggs - *'*' -19- 14th December, 1949 1950 4th January, 1950 18th January, 1950 8th February, 1950 26th April, 1950 Present: E R Knox (Chair), D Wilson, j G Crowther, J w Dunlop, G B Kater, and C W Rothe. The following documents were, by resolution, signed and sealed 1 Transfer of five (5) deferred shares in Australian Asbestos T.im-?-t-ori fyrm W J Baird to the Company Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, and CW Rothe. The death of Kill Shift Boss Cyril Tblson by drooling at Wittenoaa on Christmas Day was reported It was agreed that 695 Pounds should be expended on recreation facilities at Wittenoan Present: R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, and CW Rothe. It vras agreed to expend 770 Pounds at Witbenoam in connection vrlth the narket garden Present: E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Kater, and C W Rothe. It was agreed that Australian Blue Asbestos T.imitfti should spend a further 6,390 Pounds to complete the power house, and incur expenditure of 720 Pounds to facilitate fire fighting Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, aral C W Rothe. It vras decided to equip the miners enplcyed by Australian Blue-Asbestos t.ittvSi-qH with battery cap lanps Produced in Asbssioo Personal Injury Cases: A:-r,irr.s mad and copied to P.icharc K Scrags 3rd May, 1950 24th May, 1950 14th June, 1950 21st June, 1950 28th June, 1950 5th July, 1950 -20- Present: E R Knox (Chair), D Wilson, j G Crcwther, J W Dunlop, G B Rater, and C W Rothe. It was agreed that ve should endeavour to obtain a Mine Superintendent for Wittenocm frcra America Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop and C W Rothe. She Board ware advised that the cost of installing engines and generators at the new power house, the cost of two new nine locarotives, and the installation of new punping plant and reticulating pipes far the water supply, all far Wittenocm, had increased by 8,119 Pounds and this additional expenditure was approved Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Rater, and C WJtothe. Hr G B Rater's report cn his visit to Wittenocm Gorge, having been read by of the Board, was Present: E R Knox ((hair), D Wilson, J G Crowther, J W Dunlop, G B Rater, and C W Rothe. It was agreed that Mr P H Reagan should endeavour to secure the services of Mr R P Luke for Australian Blue Asbestos Limited Present: E R Knox (Chair), D Wilson, J W Dunlop, G B Rater, and C W Rothe. Mr C W R Pcwsll attended and repart**} on his recent visit to Wittenocm present: E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Rater, and C w Rothe. It was agreed that Australian Blue Asbestos Limited should expend 5,600 Pounds for the installation at Wittenocm of two Aspirating systens and a conveyor to increase the recovery of asbestos, also to loan 10,000 pounds to Messrs Barrett & Radley to enable than to purchase two new Leyland trucks Produced in Asbastos Pe'-sonsi Injury Cases: Abrsms isad and copied to Richard F, Scruggs -- r 26th July, 1950 16th August, 1950 20th Septerber, 1950 4th October, 1950 1st November, 1950 15th November, 1950 Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Rater, and C W Rothe. It was agreed that Australia Blue Asbestos Ltd should dispose of the Joy loaders, also that that Company should expend the sum of 14,000 Pounds for the purchase of a Crossley engine and generator to replace the Rnstnn units and thus standardise the power plant at Wittenoan with Crossley products Present: R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Rater, and C W Rothe. Extracts were read fran the Manager of Australian Blue Asbestos Limited* letter F No 316, dealing with the half-yearly accounts Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Rater, and Dr R W Hasan. Approval was given to Australian Blue Asbestos Ltd to purchase a bus and a 60" ventilation fan for Wittenoaa, also to preliminary steps being taken to obtain a crew of mine foremen fran America Present: E R Knox (Chair), D Wilson, J G Crcwther, J w Dunlop, G B Rater, and R W Harman. Approval was given to Mr C W R Powell's proposal that five mine foreman should be Obtained from America Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlcp, G B Rater, and C W Rothe. MrCWR Powell, reported the conditions at Wittenoam, and it was agreed that Australian Blue Asbestos Limited should endeavour to obtain seme 25 rechine miners from Ecuador. Present: E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Kater, and C W Rothe. Mr C W R Powell's memorandum of the 13th instant, dealing with Australian Blue Asbestos Limited, was circulated amongst the Directors Produced in Asbestos Per Injury Cases: Abrams 'sz:. copied to Richard F. L -22- 29th November, 1950 1951 14th February, 1951 14th February, 1951 14th March, 1951 21st March, 1951 '8th March, 1951 2nd May, 1951 Present: E R Knox (Chair), D Wilscn, j G Crowther, J W Dunlop, G B Kater, and C W Rothe. The recarraendaticns contained in Mr C W R Powell's Tnpmnranrium of the 13th instant concerning Australian Blue Asbestos Limited were approved Present: E R Knox (Chair), D Wilscn, Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, and C W Bathe. It \sas rteriAtvi that Australian Blue Asbestos T,(Tm>cri should carry out the terms of the agreement vith CSR Go Ltd in connection vith the minimum payment of 1,000 Pounds per annual far leases Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, and C W Rothe. Mr P H Beagan's cable was read reporting that 35 Jadchanrnar Operators had been selected in Italy, and that it was hoped that they would be despatched by air to Wittenoan almost imnediately Rsesent: E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Kater, and R W Hainan.. The fire and explosion in the nagazine at Wittenoan an 12th instant was reported Present: E R Knox (Chair), D Wilson, J W Dunlop, G B Kater, and C W Rothe. Contracts of Sale between the Company, J M Rhys and Minerals Fibres Ltd for the sale of 392 tons of blue asbestos fibre to Minerals Fibres Ltd in settlenent of a claim against the Company in respect of our alleged breach, of contracts to supply fibre was, ty resolution, signed `and sealed Present: E R Knox (Chair), D Wilson, J G Crcwther, G B Kater, and C W Rothe. It was agreed that Australian Blue Asbestos Ltd should incur additional expenditure amounting to 8,165 PCUNDS IN ACCORDANCE WITO TOE MEMORANDUM DATED 27TO April 1951 Produced in Asbes'c? r`r?-r*ri injury Cases: Abrar -: copied to Richard F. S-wfuugs -23- 27th June, 1951 11th July, 1951 5th September, 1951 24th October, 1951 Presents E R Knox (Chair), D Wilson, j G Crwther, j w EXmlop, G B Rater, and C W Rothe. Mr Pcwell also reported an his recent visit to Wittenoaa Rcesents E R Knox (Chair), D Wilson, J G Crwther, J W Dunlop, G B Rater, and R W Harman. Hie expenditure to be incurred by Australian Blue Asbestos TnrMfgri for the year ending 31st Decsnber 1951 as reoamwidfid in Mr C W R Powell's cemorairhim of the 4th instant, was discussed and approval given for the expenditure of 22,005 Pounds an capital items Mr P H Reagan's resumption of his original position of Consulting BYprvor and Mr R P Lute's appointment as Manager were confirmed Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Rater, and R W Harman. Hie expenditure of 3,700 Pounds by Australian Blue Asbestos T.inrirjaH an the purchase of an ore drier was agreed to Present: E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Rater, and R W Haznan. It was agreed to provide an additional 50,000 Pounds to finance the operations of Australian Blue Asbestos LMLIH) TO THE E2 OF THE YEAR, AND THAT THAT Company should increase the loan to Messrs Barrett & Radley by 1,680 Pounds for two years, interest to be charged at the rate of 5% per annum Produced in Asbes*cn Personal .nj^iy ...... ,p..j copied to Rlcr-afu F. cft--s .. y*' -24- 1952 2nd January, 1952 9th January, 1952 Presents E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Rater, and R W Hainan. Ihe Board approved of a loan of 25,000 Pounds being made to Australian Blue Asbestos Limited to meet expenditure until the end of January, 1952 Present: E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Kater, and R W Barman. Mr KO Brown's memorandum of the 7th instant was considered and it was decided to ask the Jchns-Manville Corporation whether they were interested in the project before approaching users of asbestos and the Ccmonuealth * Government concerning steps to be taken to increase the selling price of asbestos Jfeanwhile, approval was given far the expenditure of 75,000 Pounds over the next three months on operating costs and capital items already approved and tptoan additional 30,000 Pounds an expansion of the 23rd January, 1952, It was agreed that Mr K O Brown should take the place of Mr C W R Powell as Managing Director of all B M D subsidiary Companies and that Mr M G King be appointed a Director in each of them Presents E R Knox (Chair), D Wilson, J G Crorther, J W Dunlop, G B Kater, and R W Barren. Ihe General Manager reported his discussion with the Minister for Trade and Custqns concerning Wittenocm Produced in Asfeentc's Perscna) "--------- *-h :.r.d copied io Riciisrc cc.u^ys 30th Janaary, 1952 -25 Present: E R Knox (Chair), D Wilson, J G Crcwther, J V Dunlop, G B Kater, and R W Hanran. Hie letter dated 21st January 1952 frctn the Resident of the Johns-Manville Corporation asking for further infcmnaticn about Australian Blue Asbestos >as read ard the proposed reply approved lhe decision of the West Australian Prices Cannissioner to grant increases of 50 Pounds, 25 Pounds and 20 Pounds per ton in the prig** of Nos 1, 2 and 3 grade fibre respectively was reported, also details of an application far further increase in the price of Nos 2 and 3 grade fibre Produced in A?Hr*:4cr- Personal Injury Cases:;-.:r*TS `csdend copied to Richard F. Scruggs 6th February, 1952 2nd April, 1952 23rd April, 1952 28th May, 1952 25th June, 1952 30th July, 1952 -26- Present: E R Knox (Chair), D Wilscn, j G Crcwther, J W Dunlop, G B Kater, and R w Harmn. The accounts o Australian Blue Asbestos Ltd for the half-year ended 31st December 1551 were discussed Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, and R W Raman. The destruction of the Government Hospital at Wittenocm by fire on the 23rd March was reported Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and R W Rinnan, Several matters were discussed, Mr K O Brown being present, and it was decided to agree to the recoanandations in Mr K 0 Brown's menorandum, of the 21st April 1952, in connection with Australian Blue Asbestos, these including further capital expenditure over the next three months to a total value of 25,000 Pounds and a contribution of 750 Pounds per annum towards the remuneration of a Doctor at Wittenocm Present: E R Knox (Chair), D Wilscn, J G Crowther, J W Dunlop, G B Kater, and r "w Hainan. The General Manager reported that he had discussed the supply of blue asbestos fibre frcm Wittenocm with Mr Thyne Reid, of James Hardie & Co Pty Ltd, who stated that his firm would be willing to accept 60 tons of asbestos per month Present: E R Knox (Chair), D Wilscn, J G Crcwther, J W Dunlop, G B Kater, and R W Hainan. Approval was given to Mr R P Luke's request that he be permitted to return to America Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop and R W Hainan. It was reported that the accounts of Australian Blue Asbestos Limited disclosed a loss of 67,860 Pounds for the year erried 30th June, 1952 Produced in Asbes'os Personal Injury Cases: Abrams lead zr.ti copied to Richard F. Scruoos- -27- 20th August, 1952 3rd September, 1952 24th September, 1952 5th Njverrcez:, 1952 19th November, 1952 Present: E R Knox (Qiair), D Wilson, J G Crowther, J W Dunlop and the General Manager. Extracts were read frcro the operating report of Australian Blue Asbestos Limited far the four v^eks ended 15th July 1952 Present: J G Crcwther (Chair)/ D Wilson, J W Dunlop, G B Kater, and and the General Manager. A letter dated 22nd August froa the President of Jchns-Manville Corporation was read, stating they were not in favour of joining In with our ABA project. Mr Brown's npnnrairitvn of 2nd September reporting on his visit to the Premier of Western Australia, and cn general plans far ABA, was considered and a further capital expenditure of 20,000 Founds was approved. Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and the General Manager. Proxy - the Caipany appointing K O Brown, or failing him J A Elmslie, its proxy to vote at meetings of Australian Blue Asbestos limited was, by resolution, signed and sealed Present: E R Knox (Chair), J G Crowther, J W IXmlqp, G B Kater, and the General Manager. Reports following the visit to Wittenoom of Messrs Ihyne Reid and J S Proud were considered, and it was decided to ask James Bardie & Co Pty Ltd to join in the formation of a Cccpany for marketing asbestos It was decided that Australian Blue Asbestos limited should increase its paid up capital fcy an amount approximating 850,000 Pounds to repay The Colonial Sugar Refining Company Ltd for the amount of advances nade by way of loans and current account, and to take over the asbestos leases owned by 2he Colonial Sugar Refining Ccnpany Ltd Present: E R Knox (Chair), D Wilson, J G Crcwther, J W EXmlop, G B Kater, and the General Manager. . . . Memorandum dated 17th November 1952, about Australian Blue Asbestos Ltd were discussed Mr K 0 Brown being present ... It was decided that Mr Brown should visit America in connection with sales of blue asbestos -* Produced in Person''! Injury Cases: Abrams lead a r^oied to Richard F. Scrupgi 3rd Decanter, 1952 17th Ttecpnter,, 1952 24th DPCffrihRr , 1952 1953 14th January, 1953 28th JANUARY, 1953 Present: E R Rftax (Chair), D Wilson, 'J G Crowther, J W Dunlop, G B Kater, and the General Manager. The Board were advised the receipt of consent Iron the Capital Issues Control Board for Australian Blue Asbestos Tlimited to issue one million ordinary shares of 1 Pound each for cash subscriptions Present: E R Khax (Chair), D Wilson, J G Crowther, J W Dunlop, G B Rater, and the General Manager. A sunnary was given of letters from Canadian and Swiss firms to Mr A T Reid, sent on by him to us, AaaUrvy uith the sale of blue asbestos and the Board approved of the engagement of Hr R P Luke as Consulting Engineer for Australian Blue Asbestos Limited far three months from January 1953, at a salary of 1,500 dollars per month. Present: J G Crowther (Chair), D Wilson, J W Dunlop, G B Rater, and the General Manager. Extracts were read from Mr K 0 Brcwn's letter frail New Yaric, dated 14th December, dealing with the sale of blue asbestos Present: E R Knox (Chair), J G Crowther, J W Dunlop, and the General Manager. The sale of 400 tons of Mo 3 grade asbestos fibre to Mineral.Fibres Ltd , London at A155 Pounds per ten, and 2,000 tons of Mo 3 grade fibre to Johns-Manville during 1953 at A150 Pounds per tan, both contracts fob Fremantle, was reported Present: E R Knox (Chair), J W Dunlop, G B Rater, and the General Manager. , It was reported that the accounts of Australian Blue Asbestos 'Lim-ii-gri for the half year ended 31st Decsnber shewed, on the basis of valuation of stock at current selling price, a loss of 10,979 Pounds Produced in Asbestos P^rnn^l Injury Cases: AbrtT-s. i copied to Ricnaio r. -29- 18th February, 1953 25th February, 1953 4th March, 1953 11th March, 1953 25th March,^ 1953 29th April, 1953 Presents E R Knox (Qiair), J G Crowther, j W Dunlop, G B Rater, W JV Kindeyer and the General Manager. The sain features of the operating report of Australian Blue Asbestos Limited for the four weeks ended 27th January -were sade known Present: E R Knox (Chair), J G Crowther, J V Dunlop, G B Rater, K JV Kindeyer and the General Manager. Transfers of Mining Tenements (39) from the Gascony to Australian Blue Asbestos ltd for a consideration of 52,700 Pounds as under, were, by resolution, signed and sealed:- (a) 36 Mineral claims (b) 2 Miners' Banestaad Teases (c) 1 Subterranean Water Right Present: E R Knox (Chair), J G Crowther, J V? Dunlop, G B Rater, K JV Kindeyer and the General Manager. Mr K 0 Brown's metnoranduni of 3rd March 1953, in connection with Australian Blue Asbestos Ltd was circulated amongst the Directors Present: E R Knox (Chair), J G Crowther, . J W Dunlop, 0 B Rater, W j V Kindeyer and the ' General Manager. Mr K 0 Brown's memorandum of the 3rd March dealing with Australian Blue Asbestos Limited, was considered in his presence, and it was agreed that sane mine development work should be started in Colonial Gorge Present: R Rnox (Qiair), J K Dunlop, G B Rater, HJV Kindeyer and the General Manager. Mr R 0 Brcwn's report an his visit to the Secretary of the Department of National Development was discussed, Mr Brown being present, and the draft of a letter to the Minister for National Development approved Present: E R Rnox (Chair), J G Crowther, J W Dunlop, G B Rater, WJV Kindeyer and the General Manager. A fatal accident to a loco-driver in the mine at Kittenoan was reported Produced in Asters^? Injury Cases: A:. copied to Richard F. Scruggs 13th-May, 1953 20th May, 1953 10th June, 1953 17th June, 1953 8th July, 1953 -30- Present: E R Kncoc (Chair), J G Crcwther, J K Dunlop, G B Kater, W J V Windeyer and the General Manager. CSR accounts disclose plant hire etc to ABA Present: E R Kncoc (Chair), J G Crowther, J W Dunlop, W J V Windeyer and the General Manager. It was agreed to make .a loan of 20,000 Pounds Australian Asbestos Limited for a of three months, when the position is to be reviewed The Board were infconed that Mr K 0 Brown had interviewed the Minister for National Development about marketing the products of Australian Blue Asbestos Limited Present: R Kncoc (Chair), J G Crcwther, J W Dunlop, G B Kater, W J V Kindeyer and the General Manager. Ihe Board agreed to assist Mineral Fibres Ltd, london, by reducing their contract price to 150 Ponds per ton and the quantity from 320 to 160 tens as recaunended in Mr Brown's memorandum of 4th June Resent: ^ 3 Crowther (Chair), J W Dunlop, G B Kater, W JV Windeyer and the General Manager. Ihe Board approved of the proposal that Australian ft)TM* Asbestos Ltd should Is Od per share cn 1,000,000 shares at present paid to 17s 7d per share up Mr M G King's report, dated 15th June, 1953, cn his visit to Europe in connection with asbestos madoets, was considered Annual reports covering the work of all Building Materials Division activities were discussed, *Cr K 0 Hrcwn being p--ssen4" Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, W J V Windeyer and the General Manager. The Board appmwi of ian nlii Asbestos Limited calling up the balance of uncalled capital cn 1,000,000 shares, viz , Is 5d per share, as and when required Produced in Ashsc'?.': n-?ront?r" Injury Cases: Aivarr.s o.* ar.a copied to Richard F. Scruggs -31- 5th-August, 1953 19th August, 1953 30th September, 1953 7th October, 1953 21st October., 1953 Present: E R Kick (Chair), J W Dunlop, G B Kater, W JV Windeyer and the General Manager. Approval was given to Australian Blue Asbestos Limited to call up 10s Od per share an 50,000 shares Present: E R Kick (Chair), J G Crowther, J W Dunlcp, G B Rater, W JV Windeyer and the General Manager. The quarterly reports cn the week of the various factories of the Division were discussed, Mr Brown being present - Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, WJV Windeyer, the Gpneral Manager and J Vernon. As zeccmnended In Mr K 0 Brown's msnorandam . of the 22nd Septe&er, 1953, dealing with Australian Blue Asbestos Limited, the Board approved of the waiving of the Ocnpazxy's loan of 1,300 Pounds to the Wittenoan Race Club Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, W J V Windeyer and the General Manager. The Board were infant^ of Mr K 0 Brown's discussions with Senator Spooner and Customs7 Department officials on ways and means of increasing the use of blue asbestos in Australia Reports cn the work of the various Building Materials Division factories for the year ended 30th June 1953 were considered Present: E R Knox (Chair), J W Dunlcp, G B Kater, W J V Windeyer and the General Manager. The fatal accident to Desmond de Vaumo at Wittenocm on rhe 12th October was reported Produced in A*r^__ Injury . ^' 5 co^ed to RichafdF Sc ' ^ vu,i t -32- 4th Novsriber, 1953 11th Hovertoer, 1953 18th Noventer, 1953 9th Decsnber, 1953 Present: E R Knox (Chair), J W Dunlop, WJV Windeyer and the Central Onager. It was reported that the Coroner's finding at the inquest on the death of a miner due to an accident at Kittenocia on 12th October 1953 was "accidental death with no blame attributable to anyone " The Board agreed that we should ask for a Tariff Board Inquiry on blue asbestos, as xecanznended in Mr K. O-Brown's msrnrandum of the 3mi Novsriaer 1953 Present: E R Knox (Chair), J W Dunlop, G B Rater, W J V Kindeyer and the General Manager. The Board were advised that the occupants of the western Australian Housing Caimissicn at Wittenrxra were refusing to pay the increase of 16s Od per week in rent, and that Australian Blue Asbestos Limited could offer to pay half the increase until the next wages rigtgmritwH m teesent: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater and the General Manager. The Board agreed to write off plant hired to Australian Asbestos T.iwni-orj amountino to 2,945 Pounds It was reported that Australian Blue Asbestos Limited were continuing to rake deductions of increased rents from wages and had not yet made an offer to pay part of the increase, that the tenants were continuing work and that Mr C H Broadhurst was going to Perth to discuss the matter with representatives of the Australian Workers Union Present: E R Knox (Chair), J W Dunlop, G B Kater, W J V Windeyer and the General Manager. Reports on the wack of the factories of the Building Materials Division for the quarter ended 30th September, 1953 were discussed Produced in ^JUfy Cases- 1954 ' 6th January, 1954 10th February, 1953 17th February, 1954 24th February, 1954 10th March, 1354 Present: E R Knox (Oiair), J G Crcwther, J W Dunlop, and the General Manager. Approval was given to Mr K 0 Brown's reccproenriati on of the 4th January, 1954, that Australian Blue Asbestos should call up new capital amounting to approximately 30,000 Pounds per month for the next six months Present: E R Knox (Chair), J G Crrother, J W Dunlop, G B Kater, W J V Windeyer and J Vernon. Good rain was reported at Krttenocm The Board were advised that the Minister for Trade and Custom had referred the questions of protection for the production of asbestos fibre to the Board far inquiry and report Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater and J Vemcn. The Board were informed that the Board hearing cn asbestos fibre production was likely to take place in May Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, W J V Windeyer and the General Manager and J Vernon. Mr K 0 Brown's manorandum of the 18th instant, together with summarised accounts of Australian Blue Asbestos Ltd for the half-year ended 31st December 1953 was considered The Board discussed the statement reported to have been made to the "Sun" newspaper regarding the use of Australian, asbestos fibre and of our proposed statement in reply Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, W J V windeyer and the General Manager. The quarterly reports on the work of the factories of the Building Materials Division were discussed Produced in Ashei'.-.r? Injury Ca^s: <- .... copied to Richard F. S^.. 14th April, 1954 28th April, 1954 r'- 2th May, 1954 19th May, 1954 2nd June, 1954 9th June, 1954 -34- Present: E R Knox (Chair), J G Crwther, G B Kater, W J V Windeyer and the General Manager. The results of Mr C H Broadhurst's discussions on Australian Blue Asbestos affairs with several Members of parliament and Government Officers in Canberra on 12th April were made known Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, W J V Windeyer and the General Manager. The General Manager was authorised to sign an Agency agreement appointing Mineral Fibres Ltd of Lcndcci our selling agents in Europe for a period of two years Present: E R Kick (Chair), J G Crowther, J W Dunlop, G B Kater, and the Geaesal Manager. CSR accounts disclose plant hire etc to ABA Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and the Gffnpral Manager. The case in support of our application to the Tariff Board for a protective duty on imported asbestos fibre was considered, Mr M G King being present Present: R Knox (Chair), J G Crwther, J W Dunlop, G B Kater, and the General Manager. Zt was agreed that Australian Blue Asbestos T.-iTrn-Hari should call up, as required, a further 125,000 Pounds during the period ending 30th September, 1954 Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, W J V Windeyer and the General Manager. The General Manager outlined the proceedings at the Tariff Board Inquiry on an application for duty by Australian Blue Asbestos Limited held in Sydney on 2nd, 3rd -and 4th June, 1954 Produced in Asbestos Personal Injury Cases: Abrams lead and copied to Richard F. Scruggs -35- 16th June, 1954 7th July, 1954 `8th August, 1954 1st September, 1954 15th Septenber, 1954 29th September, 1954 Presents E R Knox (Qiair), J G Crcwther, J W Ounlcp, G B Kater, and the General lfenager. The Board were infcased of the evidence to be submitted at the Melbourne hearing of the Tariff Board Inquiry into asbestos fibre, Mr K O Brown being present Present: E R Kncoc (Giair), J G Crowther, J W Dunlop, G B Kater, and the General Manager. It was decided that the selling price abroad of Mo 3 grade asbestos should be reduced to 110 Pounds per ten fob Fremantle, as zeoemnended in Mr K 0 Brown's memorandum of the 6th July, 1954 Present: R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and the General Manager. She Board were advised that the Annual Accounts of Australian. Blue Asbestos Ltd far the year ended 30th June 1954, shewed a loss of 57,711 Pounds resent: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and the General Manager. The Board agreed that it was sufficient to have B M D activity reports half-yearly only Present: E R Knox (Pair), J G Crowther, J W Dunlop, G B Kater, and the General Manager. Reports on. the work of the factories of the Building Materials Division were considered, Messrs K 0 Brown and M G King being present The Board approved of Australian Blue Asbestos Limited issuing new shares to the value of 75,000 Pounds zo be called up as and when required, as recamended in Mr K 0 Brcwn's memorandum of 14th September, 1954 Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and the , General Manager. The annual accounts of Australian Blue Ltd for the year ended 30th June 1954 were submitted Produced in Asbestos Persons Injury Cases: Abram* '--h ---h copied to Richard F -36- 27th October, 1954 3rd Noveiiber, 1954 17th November, 1954 .st Decsnber, 1954 15th December, 1954 Present: E R aw (Chair), JG Crcwther, J W Dunlop, G B Kater, and the General Manager. Mr K 0 Brown presented his report, dated 20th October 1954 an the operations of Australian Blue Asbestos Limited at Wittenoan, and it was decided to change to two-shift operation about January, 1955; to reduce the price of asbestos to Johns-Manville to 100 Pounds per ton and that Australian Blue Asbestos limited should issue further share capital to enable 100,000 Pounds to be called up before the end of the year Present: E R Kncoc (Chair), J W Dunlop, G B Kater, W J V Windeyer and the General Manager. The Board agreed to accept an offer of 3,250 Ponds far the Australian Blue Asbestos powerhouse steelwork, and that the balance outstanding, viz, 1,981 Pounds should be writtei off Present: E R Knox (Chair), J G Crowther, J W Dunlop, G & Kater, W JV Windeyer and the General Manager. The Board were advised that it would be sane .time before the Tariff Board report on Australian Blue Asbestos Limited was issued it was reported that the Jchns-Manville Corporation were still interested in purchasing blue asbestos fibre at about 100 Pounds per ton fob Ererrantle and had ordered an 480 tens Present: E R Knox (Chair), J G Crowther, J W Efcnlop, and the General Ifenager. It was reported that Jchns-Manville had indicated that they would take 3,000 tans of asbestos in 1955 at 100 Pounds per ton Present: E R Knox (Chair), J G Crowther, J W Dunlop, W JV Windeyer and the General Manager. The half-yearly reports on the work of the factories of this Division were considered, Mr K 0 Brown being present Produced in Af-bcilv.Injury Cases: Acrarr.s '.:ad and copied to RiCftaro F. . icrucgs 1955 5th January-/ 1955 12th January, 1955 26th January, 1955 23rd March, 1955 ' ,,ch April, 1955 E R Knox (Chair), J G Crowther, J W ixiniop, w j v -windier and the General Manager. Ihe Board were advised that a cyclone at `Hittenocn cn the 31st December 1954 had caused minor dairege through floods Present: E R Kiox (Chair), J G Crowther, J V Dunlop, W J V Hindeyer airi the General Manager* Further details were given about the flood damage at Kittenoom caused by the cyclone there cn the 31st December, 1954 3he Board were informed that we had, through Mineral Fibres Ltd ornpleted negotiations for the sale to the Etemit Grog? of 800 tons of blue asbestos at 102 Founds per ten fob Fremantle less concussion amounting to 5% Present: E R Knox (Qiair), J G Crowther, J W Dunlop, and the General Manager. It was reported that, far the half-year ended 31st December, 1954 Australian Blue Asbestos Limited had shc*oi a loss of 55,870 Pourxis Present: E R Knox (Chair), J G Crowther, J V EXmlop, G B Rater, and the General Manager. Reports on the work of the Building Materials Division factories for the half-year erxied 31st December, 1954 were considered Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, W J V Kindeyer arri J Vernon. - Approval was given to Mr K 0 Brown's reccmtendation that the Italian Etemit Group's offer of 97 15 3 Pounds per ten fob Franantle for approximately 2,400 tons of blue asbestos fibre 'be accepted It was further agreed that the price to Johns-ManviHe Corporation far the outstanding balance of their current order he reduced to 98 Pounds per ten as fran June next Produced in Asus.'-'cr. j-'srsonal injury Cases: ALrirr-s lead and copied to Richard F. Scruggs 4th May, 1955 11th May, 1955 18th May, 1955 1st June, 1955 '5th June, 1955 -38- Present: E R Knox (Chair), J G Crcwther, j W Dunlop, G B Rater, W JV Windeyer ai*i the General Manager. The result of Mr C H Broadhurst's visit to in connection with the Australian Blue Asbestos tariff application was reported Resolved that either Keith Osborne Brown or Malcolm George King be and each of them is hereby authorised to sign far and an behalf of the Company contracts for the sale of blue asbestos fibre to overseas buyers received in Sydney from Minerals Fibres Ltd or any other overseas selling agent of the Company Present: E R Kncoc (Chair), J W Dunlop, G B Kater, W JV Windeyer and the Genera1 Manager. CSR accounts disclose plant hire etc to ABA Present: E R Kick (Chair), J G Crcwther, J W Dunlop, G B Kater, W JV Windeyer axxi the General Manager. Further infornaticn was given about the Australian Blue Asbestos tariff case Present: E R Knox (Chair), J G Crcwther, J W Dunlop, G B Kater, W J V Windeyer and the General Manager. Further information was given about the application by Australian Blue Asbestos Ltd for assistance for the asbestos industry at Wittenoom Present: E R Knox (Chair), J G Crcwther, J W Dunlop, G B Kater, and the General Manager. Mr K 0 Brown's memorandum of the 10th June, on the position of the Australian Blue Asbestos Tariff Case, was discussed .--^ Injury Cases: arsons Isad and copied to Richard F. Scrags v 6th July, 1955 -39i Presents E R Knox (Chair), J W Dunlop, G B fitter, and the General Manager. As the Tariff Board report on Blue Asbestos is-sct^et published and as the Federal GcTCSxnent has taken no favourable action, the position of Wittenoan was discussed, Messrs K 0 Brown and C H Broadhurst being present, and it was decided that these two officers, in person, should put to the 'Western Australian Prenier a proposal that his Government and the CcRnanwealth Government should subsidise the output of Wittenoon 20th July, 1955 Present: E R Knox (Chair), J G Crwther, J W Dunlop, G B Xater, and the General Manager. Hie Board were advised of the result of Messrs K 0 Browns's and C H Broadhurst's discussions with the Western Australian Premier cn the subject of assistance by subsidy for Wittenoam, as set out in the memorandum of 19th July 1955, Mr Brown being present 27th July, 1955 Present: E R Knox (Chair), J G Crowthex, J W Dunlop, G B Kater, and the General Manage;. Mr K 0 Brrwn's memorandum of 26th July 1955 on the tariff position in regard to Australian Blue Asbestos Limited was discussed 10th August, 1955 Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and the General Manager. Mr K 0 Brown's msnorandum of 8th August 1955, dealing with the accounts of Australian Blue Asbestos Ltd for the half-year ended 30th June, 1955 disclosing a net loss of 116,877 Pounds was submitted 14th September, 1955 Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and J Vernon. The Tariff Board's report on the application by Australian Blue Asbestos Ltd tor tariff Assistance was considered and the form of a letter to Senator Spooner was agreed upon Prodjcod : n:~'-or;3i Injury Cr:o- !er:i ar.d copied to Richara r. Scruggs ,, -40- 21st September, 1955 5th October, 1955 12th October, 1955 19th October, 1955 Present: E R Knox (Chair), J G Crowther, J W Dunlcp, G B Kater, the Manager and J Vernon. Ihe Board were advised of recent discussions with members of the Camcnwealth and Western Australian Governments over our application for assistance for the asbestos industry It was agreed that Mr P C Boras be appointed Manager at Wittenoaa and that Mr C H Bcoadhurst should be -appointed a director of Australian Blue Asbestos as xecamended in Mr K O Brown's menarandum of 20th Septarber, 1955 Present: E R Knox (Chair), J G Crowther, J W Dunlcp, G B Rater, and the General Manager. A note on sale procedure for blue asbestos was circulated amongst the Directors A letter was read from the Premier of Western Australian dated 5th September, 1955 stating his Government would give financial assistance to the extent of 5 Founds per ten cn each `ton of fibre transported to Roeboume up to a zraxisum of 30,000 Founds for one year beginning 1st October, 1955 Present: E R Knox (Chair), J G Crowther, J w Dunlop, and the General Manager. The Board were advised that Mr K 0 Brown had told the Premier of Western Australia that we accepted the offer of a subsidy of 5 Pounds per ten an blue asbestos fibre, also, that Mr Brown discussed with the Premier a suitable approach to the Ccnnonwealth Government with a view to obtaining a similar- Canoonwealth subsidy Present: E R Knox (Chair), J G Crowther, J W Dunlcp, G B Kater, and toe General Manager. The production and sales programme for 1956 for Australian Blue Asbestos Ltd was discussed, Messrs J Vernon and K 0 Brown being present, and it was decide that we should continue production at Wittenocm for the time being, that further examination of the extension of fibro-cement iranufacture should be irade and that Mr Brown should visit Johns-Manville in New York Produced in Asr-?t*os Personal Injury Cases:- copied to Hiunara r. buu^S=> -41- 2nd November, 1955 23rd November, 1955 Oth November, 1955 7th December, 1955 21st December, 1955 Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and the General Manager. Activity Reports covering the work of the undermentioned subsidiary canpa2u.es far the year ended 30th June 1955 were considered:- Australian Blue Asbestos Ltd Present: E R Knox (Chair), J G Crwther, J W Dunlop, G B Kater, arri the General Manager. It was decided to write off 3,786 15 8 Pounds in respect of a number of iters of worn-out plant hired to Australian Blue Asbestos Limited------ Present: R Knox (Pair), J V Dunlop, G B Kater, and the General Manager. Press reports of the extraordinary general meeting of James Rardie Asbestos limited and of the remarks about the lariff Board report on the Inquiry into the Blue Asbestos industry were discussed Present: E R Knox (Ciair), J G Crowther, and the General Manager. xhe Board discussed Mr K 0 Brown's cable of 1st Decetber stating that Johns-Manville would buy a minimum of 3,000 tons of blue asbestos per annum and probably more and that the President, 24c A R Fisher, would most likely visit Australia and Wittenoom in April next year Consideration was given to Mr C H Eroadhurst's infaeration that the Italian section of the Etemit Group was discussing a firm contract for two or three years at a firm price for a minimum of 3,000 tons of asbestos a year Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, and the General Manager. Mr K 0 Brown attended and reported on his visit bo Johns-Manville as given in his Trenorandum of 19th December, 1955 produced in Asb-rtos Personal Injury Cases: h.zran'-. '>:: - nti copied to Richard F.