Document bOg262exmNV2G89o6vr81Kxeg

BRIEFED MINUTES OF MEETING OF DIRECTORS October 21, 1971 2- - zim Authorizing the officers of the Company to proceed with the construction of a zinc oxide plant located in Coffeyville, Kansas, at a total cost of approxi mately $1,750,000. (10) Authorizing the officers of the Company to proceed with the conversion of the phthalic anhydride plant located in Chicago to manufacture Isophthalonitrile, at a total cost of approximately $1,800,000. Mr. Fine reviewed the capital expenditures program. Mr. Bull then gave explanation of the proposed Powder Coatings Plant. (11) Authorizing the officers of the Company to donate the Company's Linseed Oil Mill located in Cleveland, Ohio, as a charitable gift to Vincennes University at a fair market value of not less than $1,000,000. Meeting adjourned. RECORD BOOK PAGEATTEST________________________ SECRETARY October 21, 1971 0007-SWP-000005312