Document dYRe2nMKgj5gjoxMvVOz4EYMe

*I, 1- I certify that this and the following 41 pages contain all of those true copies of parts of the nunutes of board meetings of CSR limited between 1943 and 1955 inclusive relating to Midalco Pty Liitdted. S&usP*-, t Extracts frcra C Soard Minutes <1943-1967 inci > concerning tbefKittenocni Asbestos Venture. Date ^ Extract fran Sard Minutes . /Wj, /?/? 1943 24th March, 1943 Presents R Knox (Chair) f N W Kater, E W Fairfax, D Wilscn, H N Pope and the Acting nt^rvaT-a>i j^xiager. The registration of the Asbestos Ccapany in Western Australia uirier the name of Australian Blue Asbestos limited was 21st April, 1S43 23rd June, 1943 14th July, '03^ 13th October, 1943 Present; R Knox (Qiair), 2? w Kater, E W Fairfax, D Hilsoi, K N pcpe and the General Manager. Mr C WR Powell outlined his visit to Western Australia in connection with asbestos, and it vzs agreed to take up - further shares in Australian Blue Asbestos Ltd , for the purpose of building a settlement, and that the Ccnpany would respect the Itenaging Agency of the Asbestos Coy at a fee to be arranged later. Present: E R fticoc <Q*air>, N K Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. She Agreement (in duplicate) between Australian Blue Asbestos Ltd and this Cangasy, appointing this Qxrpany Managing Agents and sole distributors was signed and sealed. TSeon*< r V----v _ ,, . t^A "'V.-Jr*' \ II i . ill , / T* *. .t I. t--.: , Wilson, H N Pope and the General Onager. t tlte Carpany appointing MrCWR Powell, and failing him, Mr G N Worledge, its proxy to vote at meetings of Australian Blue Asbestos Ltd , were signed and sealed Present: E R Knox (Chair), N W Kater, E w Fairfax, D Wilson, H N Pops and the General St) if 58 c-w. c^P It was agreed to apply to the Treasury for pemission to issue 40,000 additional 1 Pound shares in Australian Blue Asbestos WV-03891 Hf \ <oWb 0&&. )CJS5 Produced in ine matter of Asbestos Person** tr^ufy Cases; Abrams Uad & copied to Rfchatd F. Scniggs. 1944 22nd March, X944 12th July, 1344 c- 8th Jtoveifcer, 1944 23th Jtovecfcer, 1944 C. 1945 3rd 2- - Present? E K Knox (Chair), E W Kater, E W Fairfax, D Wilson, H S Pope and the General Manager. A agrprarrium dated 16th instant, by KrCWR Powell was read, and it was agreed to authorise a further call csi the shares already held in Australia Blue Asbestos Ltd of 20,000 Founds, also to rent plant and machinery to the latter trepan? cn & 12 59 basis to the value of 32,000 Pounds Present: E R Rick <Chair), N W Kater, B W Fairfax, 0 Wilson, H H Pope and the General Manager. A report by Mr C W R Powell cn Australian Blue Asbestos Ltd , dated Uth July, 1944, was suhrdttsd, and it was agreed that this corpany should apply to the treasury for permissim to issue a further 20,000 Pounds of ordinary capital, and that the CS? Co Ltd would taka this up Iran tine to tine, also that the CSR Co Ltd would finance plant and asbestos fibre through its Hiring plant Account up to a total of 48,000 Founds Present: E R Knox (0*air>, N W Kater, E W Fairfax, D Wilscn, H E Pcpe and the General Manager. She position at the Asbestos Mine, due to shortage of labour etc , as outlined in Mr Powell's note of the 1st instant, was reported Present? N W Kater (Chair), E W Fairfax, 0 Wilson, H X Pope and the General Manager. Photographs of the settlement and plant of Australian Blue Asbestos United at Witterecra wore submitted Present: E R Er.ox (Chair), W Kater, Z W Fairfax, 0 Wilsm, H N Pcpe and the General It use agreed that the Ccn&any should taka up a further 50,000 ordinary shares in Australian Blue Asbestos Ltd produced in Astest"? Injury Case* Y copied to Rtaharo K aoru^gs / 31st January, 1945 7th February, 1945 ^ x4th March, 1945 4th April, 1945 IGth May, 1945 13th June, 1945 3- Presents E R Knox (Qair>, 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 Ccc^any in Australian Blue Asbestos limited Present? E R Kim (Chair), N V Eater, B W Fairfax, D Wilscn, 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 WiWusnccm, ; further, that Hsssrs C W R Powell, L L Gilsour and H Xing should proceed to the United States, and possibly Great Britain, to cbtain informt.lon cenceming building materials generally Present? E R Jtoox (Chair), S W Kater, E W Fairfax, D Wilson, K N Peps and R W Harman. Damage caused by heavy rain at Wittenocra was reparted Presents E R Taxc (Chair), N W Kater, E W Fairfax, D Wilson and the General Manager. Ihe Baaid ware infoared that the de Benaies group in Western Australia were receiving assistance front the State Government in respect of the mining end/or narketing of Blue Asbestos Present? E R Knox (Chair), N K Kater, E V? Fairfax, D Wilson, H N Pqpe and the General Manager. A letter frott Hr C WR Powell dealing with Australian Blue Asbestos Ltd was circulated ancBigst the Directors Preset: E R Roc (Chair), N W Kater, E W Fairfax, D Wilson, K Pope and the General A mssTOrandian by Mr G R Worledge dealing with future operations of Australian Blue Asbestos Ltd vere read; also a cable iron KrCWR Pcwall, dated 11th instant r'fOJ'j--*-L< *< < .. i Injury Case*. .* j-. ? ' * 'vroled to Richard i- C 25th July, 1945 1st August, 1945 8th August, 1945 i 5th Septorfeer, 1945 12th Sepfcarfcer, 1945 t 17th October, 1945 Present: e R Ktoc (Chair), JJ W Katsr, E W Fairfax, D Wilson, H S Pcpa and the General tenager. It was agreed to apply for a further 50,000 ordinary shares in Australian Blue Asbestos Ltd Presents E R Rx* (Chair), E W Fairfax, D Wilscai, H H Pope and the General Manager. Extracts vers faro Kc Powell's letter, dated 12th ultiso; also to a Perth letter outlining the interview fcy Hr Backer with the Minister fcar Mines in cennectim with the develcprcnt of Australian Blue Asbestos Ltd Press*? E R Knox (Chair), S W Kater, E W Fairfax, D Wilscn, K N Peps and the General Onager. A request by W A Blue Asbestos Hfctes CO Ltd to the State Government ot Western Australia for a subsidy per ton of fibre produced was made known Presents E R Frsox (Chair), H W S3tar, Z W Fairfax, D Wilson, H H Pcpe and the General Manager. A letter tarn the Mines Department, Western Australia, in connection with the request of Australian Blue Asbestos Ltd for a subsidy was made krswn, and the Company's rspiy there to indicated Present: E R Knox (Chair), N W Rater, E W Fairfax, Wilscn, H H Peps and the General Manager. Further information s giwan cmcacnin? negstiaticas Jay .Australian .Blue Asbestos Ltd with the Goveament of Western Australia in the setter of assistance to the Asbestos industry Present: E R Knox 3ir>, N W Kater, E W Fairfax, D Wilson, H N Pope and the General Manage. Jhe Directors' Report for the year ended 3Jth June, 1945 on Australian Slue Asbestos Ltd was read, also a letter free the Secretary of that Cempany to the Managing Director, dated 13th instant, concerning the proposed <3?bargo on Asbestos Produced in Asbestos Pcncnal Injury Cases: Abrams l.?*d and copied to Richard I-. dci-pgs *5 1946 23rd January, 1946 6th February, 1946 27th February, 1946 20th Martdi, 1946 i '* f ^^V Present E R Knox (Chair), W W Kater, E W Fairfax, D Wilson, H N Pope and the General Manager. A serious accident in ccnnection with the breaking of a crankshaft in the Rustcn engi* at Wittanoro reported. Presents E R Knox (Chair), K W Kater, E V Fairfax, D Wilson, H N Pope and the General Onager. Hr CWR R*rell repeated orally csi Australian Blue Asbestos Ltd and it was agreed to continue operating this Gcupany and for the time being to call ^ no additional1 aspital, but to finance the project in amaedarce with the suggestion contained in Hr Powell's nenorereiao of the 22nd January Presents E R Knox (Chair), R W Rater, E W Fairfax, D Wilson, K K Pope and the General Manager. It was agreed that the Caqpeny should endeavour to aake a selling arrangeosnt with the Jchns-Mamriile Corporation far the disposal of Blue Asbestos in forth and Scuth America, also that Tasaanian Asb&stcs Pty Ltd should discontinue operations, and the plant and buildings at Zeehan should be dismantled ard disposed of Presents E R Xncet (Qiair), K W Kater, E W Fairfax, D Wilson, H N Pope and R W Harman. A letter, dated 12th March, 2946, fron Fait Textiles of, Australia Ltd in reference to Asphalt Floor Tiles was read; also a camuoicatdon .from Australian Blue Asbestos Ltd concerning the exerptim froa taxation of industries in forth West Australia Present: S R Knox (Chair), w Kater, 2 W Fairfax, D Wilson, K H Pope ard the General Onager. A memorandum by Hr C W R Powell, dated 23rd instant, in <annection with Australian Blue Asbestos Ltd, was circulated a&xvgst the Directors Produced in Asbestos /EfivCwes: Abrams *: 30 *>>J r 6- 7th August, 1946 14th August, 1946 25th September, 1946 Presents E R Rick (Qiair), N W Katsr, E W Fairfax, D Wilson, H R Pope and Dr R W Bairan. It was agreed to proceed with the development of Australian Blue Asbestos, Limited, to attain an output of 3,000 tonnes of fibre per annsa alcng the lines recamended by Hr Pcwell in his iffirorantfesn of 23rd July, 1946 This involves the support and assistance of the West Australian Gsvemment, the appointment of a Mine Manager and an Underground Manager, and additional capital expenditure of 130,000 Pounds, of whidi 81,663 Pourris is for development of mine aid mill and the remainder for working capital Zt was resolved that the Germany approves an application to the Treasury by Australian Blue Asbestos, Limited, for permission to increase the nominal capital of that catpany of 400,000 Pounds Present; E R Knox (Chair), N W Rater, E W Fairfax, D Wilson, H N Pope and Dr R W Barren. It was agreed that, should Australian Blue Asbestos, Limited, decide to raise additional capital by giving a mortgage car flcating charge over its assets as an alternative to increasing its share capital The Colcnial Sugar Refining Cotpsany, Limited, would grant a loan up to 130,000 Pounds on tents to be mutually agreed Transfer of 5 deferred shares, numbered 80,026 to 80,030 inclusive, in Australian Blue Asbestos Limited, fxtea the Ccnpany to W J Sana was, oy resolution, signed and sealed Presents E R Knox (Chair), N W Katar, E H Fairfax, D Wilscn, H R Pope and the General It was-agreed that .Mr -C H H Pc^H-should proceed to Perth with the view of negotiating the purchase of plant end leases froa nest Australian Blue Asbestos Fibres Ccopany, Ltd , for a consideration of up to 1CC,CC0 Pounds Ordinary Shares in Australian Blue Asbestos, Ltd , at present held by the Colcnial Sugar Refining Garpany, Ltd Produced in Asfces'.os Personal Injury Cases: Abrar- 'iu-i end copied lo ftlchara F. Ccrusgs 9th October, 1946 16th October, 1946 6th Itovsnber, 1946 -7 Presantt B R Knox (Chair), K W Kater, E W Fairfax, D Wilson, H S Pape and Dr RW Raman. Extracts were road from Kr C W R Powell's letters of the 3rd and 7th October (written frcra Perth) dealing with Australian Blue Asbestos Limited, and approval was to the prr^v>cj3i to take a throe tenths' option to cover Hr Faye's latest offer, vis , that for a consideration of 50,000 Ordinary Shares in Australian Blue Asbestos, Limited, to be transferred by the Colonial Sugar Refining Oxpany, Limited, to Western Australian Blue Asbestos Fibres, Limited, She Colonial Sugar Refining Cropany, Limited, should acquire the whole of the assets of Western Australian Blue Asbestos Fibres, Limited, and should take over a liability of 25,000 Bounds owing by Western Australian Blue Asbestos Fibres, Limits!, to the Rational Sfcnk of Australasia, Limited Presents E R Kncs: (Chair), H W Kater, E W Fairfax, D Wilson, H N Pope arri Dr R W Raman. Extracts were read frauHr C WR Powell's nsctarsndxn of the 16th Getober giving further information regarding the results of his recent visit to Western Australia, ard an application by She colonial. Sugar Refining Corpany, Limited, for 50,000 shares in Australian Blue Asbestos, Lindtei, arri the allotment by that angary, was ccnfinred Present; E R Knox (Qiair), H W Rater, E W Fairfax, D Wilson, H H Pop and the General Manager. Hje following doctroants were, by resolution, signed ad sealed t- 1 Agreaertt between this Xacq&ny and Lionel Ghrysotile Asbestos Limited, granting to us the option of purchasing the whole of its Kining 'Pe&errents 2 Agreement between the Company and Wast Australian Blue Asbestos Fibces Company Limited, granting to us the option of purchasing the whole of the assets of that Onparrp situated in the Kanmarsley Range Produced In Ashrr^-r .-*-**<*'as Injuty Cases: At ^ rr.' j copied 1o RiChajQ F. ber^gs i 11th Eecerfcer, 1946 Presents E R Knox (Chair), H W Kater, w Fairfax, D Wilson, H K pope and the general 24th Becstber, 1946 1 *947 22nd January, 1947 8& breaking in to the freezer ard the rscDval of beer aid the subsequent happenings at Kittanccm, culminating in the coin offender being found guilty of disorderly cnrduct, was Bade known Presents S R Kncx (Chair), N W Rater, S W Fairfax, D Wilscn, S K Pope and the General Kamger. She General Manager was authorised by the Board to sign an agressmt between the Ccc^eny ard Australian Blue Asbestos Limited, dealing with the hire of plant from the forffiRr to the latter ftnyarry Presents E R Knox (Chair), N W Kater, 8 W Fairfax, D Wilson, H N Pope and the General 29th Cfanuary, 1947 ' ^th February, 1947 It was agreed to take up a further 30,000 1 Found ordinary shares in Australian Blue Asbestos Limi ted Present: E R Knox (Chair), Kater, E W Fairfax, D Wilson, H H Pope and Kr 5 S Worledge. It was decided that The Colcanal. Sugar Refining Company Limited should exercise its option to take over the assets of West Australian Blue Asbestos Fibres Cenpary Limited an the terns as reported to the Board an the 9th October, 1946 Present* E R Knox (Gvair), N V Kater, E W Fairfax, D Wilson, K W Pape and the General the following docisnonts were, by resolution, signed ard sealed Extensions (in duplicate) to 31st March 1947 of the urefeaifienticsjed options *- (1) OPTION 0? RH3RSBG THE *KX GP 7SE ASSETS Cf West Australian Blue Asbestos Fibres Catpany Limited <2) Option of purdiasing the whole of the Mining tenements of Lionel Chrysoti 1ft Asbestos Limited i > 16th April.f 1347 Zlrd April , 1947 14th May, 1947 28th May, 1947 4th **>>r,t* 1?47 *9 present* E R Knox (Chair), N W Rater, B W Fairfax, D Wilson, H R ftps and the General Manager. Ihe following documents we, by resolution, signed and sealed at the Board Meeting held cn the 9th April, 1947 i- Extansions (in duplicate) foe three months to 30th June, 1947, of the urdezsenticneri options i- 1 Option of purchasing whole of assets of West Australian Blue Asbestos Fibres Go Ltd 2 Option of purchasing vftnle of mining tensaents of Lionel Chrysot.ile Asbestos Ltd Present* E R Xncse (CSiair), H W Rater, E W Fairfax, H N Pope and the Qsneral Manager. It was agreed that Australian Blue Asbestos, United, should finance Messrs Barrett & Radiy in the purchasing of a truck Present* E R Knox (Chair), N W Rater, E W Fairfax, D Wilson, K N Pope ard the General Manager. *3is Western Australian Government's delay in arriving at a decision concerning the proposal to further the mining of Blue Asbestos at Wittenocm was reported Presents E R Knox (Qair), N W Rater, E W Fairfax, D Wilson, H N Pope end the General Manager. Furtter information was given regarding Mr WJ Baird '& negotiations with the Msstem Australian Goveracent in connection with assistance at Wittenoaa Presents E R Kr.cx (Chair), N W Kater, E W Fairfax, D Wilson, H N Pope and the General Further information was given in connection with Mr W J Baird's negotiations with the western Australian Government in cmnectim with the work at Wittenocra Produced in AsbastC* fniury Cases: Afrarps^.^ 3>* copted to Richard F. Scruggs CLU> 9th July, 1947 3th August, 1947 20th August, 1947 1st October, 1947 -1D< Present: E R Trax (Chair), M W Kater, E W Fairfax, D Wilson, H N Pope erd the General Manager. Ihe following documents were, by resolution, signed and seeded 1 Extension of Optical (in duplicate) of parchasiAg the whole of the assets of Wast Australian Blue Asbestos Fibres Co Ltd for a further pericri of three tenths to 30th September, 1947 2 Extaalan of Option (in duplicate) of purchasing the whole of the joining tenements of Lionel Girysotile Asbestos Ltd for a further period of three months to 30th Septenber, 1947 Presents E R Knox (Chair), N w Tatar, E W Fairfax, D wilsm, H N pope and the General MrCWR Swell reported cn his recent visit to Wittenoaa and the ponspeets of this venture to Witterem and the prospects of this venture now that it seeasd clear that both the Government of Western Australia and the Federal Government would assist the establishment of the Asbestos industry Present? B R Knox (Chair), S w Kater, E w Fairfax, 0 Wilscn, R N Pope and the General It was agreed to advance further plant to Australian Blue Asbestos, Limited, by increasing the value of this itsa frm 39,000 Pounds to 112,000 Founds, also that this Company should issue a further 100,000 1 Pcurri shares and apply for ^emission to increase their Authorised Capital frem 400,000 Pounds to 500,000 Pounds Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson and Dr R W Hsrren. It was reported that, in accordance with previous approval by the Board, Australian Blue Asbestos Msilted had, cst the 30th September, exercised the options on the assets of West Australian Blue Asbestos Fibres Ceepeny Limited and Lionel Qirysctile Asbestos Limited Produced in Asbnsics icnojuprieydCtaosResic:na:u t- --ww* -11- 22nd October, 1347 29th October, 1947 5th Novnrrtoer, 1947 Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilscn, J G Crowthar and the General Manager. She Chairman's speech at the Annual Meeting of Australian Blue Asbestos limited was read, arei details were given of the Balance Sheet figures for the year ended 30th June, 1947, also those of earlier years Present: S R Kwa (Chair), N W Kater, E W Fairfax, D Wilson, J G Crowther and the General Manager. Hr c N R Powell explained the shortage and price of asbestos cn the world's market, and dealt with our applicaticn for an Increase in the pries of bias asbestos, also the working of the mins aid plant at Kittavxn Present: S R Roc (Chair), S W Kater, E W Fairfax, D Wilscn, J G Crowther ard the General Manager. Bre foilwing 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 nunfcered 250,001 to 292,500 inclusive fraQ The Colonial Sugar Corpany Limited to West Australian Blue Asbestos Fibres Cenpany Ltd 2 7,500 fully paid ordinary shares numbered 292,501 to 300,000 inclusive frem The Colonial Sugar Refining Cor^arry limited -to Lionel Chrysotile Asbestos ltd {oewepa in As^sios ^sreona* injury Cases: Abrams 'oar? and copiefl to Richard F. Scrags 19th Novsrfcer, 1947 1948 14th January, 1948 1st April, 1348 28th April, 1948 12 Present* R Knox (Chair), H W Rater, E W Fairfax, D Wilson, J G Crcwther and the General Manager. By resolution, the undermentioned dxumaitg were signed and sealed j- Transfers of Mining Tfensnsnts (11) fscra Licraal Guysotile Asbestos Limited to CSR Co Ltd s- 5 Mineral Claims Nos 233H/237H 5 - Nos 296H/30GH Kingtal Claim No 20IK Transfers of Mining *psnsnents (28) froo West Australian Blue Asbestos Fibre Cortany Ltd to CSR Co Ltd 3 Mineral Claims Nos 164E/166H Mineral Claim So 168H - No 171H - No 152H " " No 18SH 13 Mineral Claims Nos 220H/232H Mineral claim No 177H 3 Mineral Claim Nos 248H/25CH Mineral claim No 3OSH 2 Miners Hanastead Smses Nos 5L and 6L Subterranean Hater Right No 6H Present* E R feox (Chair), E W Fairfax, D Wilson, J G Crowther and the General Manager. The destruction by fire of a barracks at Wittanocm was reported Present: E R Rick (Chair), N W Rater, E W Fairfax, D Wilscm, J G Crcwther and Dr R W Barnan. Agreement <m duplicate) whereby the-Gassery sub leases to Australian Blue Asbestos Limited certain mining tenements for the purpose of mining asbestos fibre, for a period of ten years fern 1st January, 1348, was, by resolution, signed and seeled Present: E R Knot (Chair), N W Rater, E W Fairfax, D Wilson, J G Crcwther and the General Manager. Mr CWR Powell's menprandiro, dated 27th April, 1948, cn Australian Blue Asbestos limited, was read Produced In Asbestos Parsons! Injury Cases: AL^rs *nd copied lo Rivard F. Scruggs -13- 5th HSy, 1948 Preset: E R ftoax (Oiair>, N V Eater, EW Fairfax, D Wilson, J G tawther and the General 2nd June, 1948 Bend for 500 Pounds, the Ccngany in conjunction with Australian Blue Asbestos Limited, far the due erection of proceed licensed premises at Wittenoc was, by resolution, ajgrad and eenlftl Presents E R Tnax (Oiair), N W Kater, E W Fairfax, D Wilson, J G Cro-rther and the General '6th June, 1948 28th July, 1948 A ggmnranritan, dated 28th Hay, 1948, written by Mr C W R Pcwell, dealing with Australian Blue Asbestos Limited, was circulated jmujgttt the ttoctars Present: E R krax (Chair), N W Eater, E W Fairfax, 0 Wilson, j G Crowther and the General itenager. Hr C WR Powell vas present daring the discussion ar*i it was decided to agree to the xeaxraendaticsns set oat in his terrarsndae, dated 28th May, about Australian Blue AsbeStOS T.^nviyld Preset: E R Knox (Chair), H w Rater, w Fn'rfax, D Wilson, J G Crowthar and the General 8th SepCer, 2948 Hr CWR PcwfeU was present dicing a further discussion following his recent visit to Perth in connection with Australian Blue Asbestos Limited Present? S R Xncsc (Chair), H w Xatar, S w Fairfax, D HUscn and the General Manager. A ospy of Ifc C V R Powell's letter of the 3rd Septerfcer, 1948, to the Premier of Western Australia was tabled Produced in Asbestos Personal WuiyCases: At/*TM leaa and copied to Rtcharo r. wcruva -14 22nd Segptsrfcer, 1943 20th Octxfcer, 1948 27th October, 1948 22nd Decanter, 1948 present! E R Knox (Chair?, N W Kater, D Wilson, j G Crowther and the General tonager. Iha Board agreed to the purchase of 9,800 deferred shares in Australian Blue Asbestos Limited iron the L G Ksncodc Asbestos Caapany at not eccetiing 6s Od per share It nans agreed that Kr c'h R ell shcuid gasxgiid to England and,America fear the purpose of engaging a Mining Engineer, and that calls of up to 40,000 Founds cm Australian Blue Asbestos Limited capital be made as required, also to order further equipment up to 64,000 Founds, through GSR Hired Plant, fear the Australian Blue Asbestos Mine Present: R ncx (Chair), N w Kater, E W Fairfax, D Wilson, J G Crowther and the General Jfenager. It mas agreed to sake a counter-offer to the L G Hancock Asbestos Co of 8s 6d per share of their holding of 9,800 defeased shares in Australian Blue Asbestos Limited Present: E R Knox (Chair), N W Kater, E W Fairfax, D Wilson, 3 G Crwtter and the Ganaal tenager. The General Manager pointed out that the Auditor's fair valuation of tie deferred shares in Australian Blue Asbestos Limited vas 12s 6d per share Ccnseqaattly, ivjtwithstandu^ the Minzte passed last week, he had declined the seller's original offer of 2 Pounds psc share and advised that the Oarfwry uas nst prepared even to pay the Auditor's valuation for the shares, and this action mas confirmed Present: E R Knox (Chair), N W Kater, E w Fairfax, D Kllscn, J G Crcwtbar and the General Manager* Ihe General Manager's action is applying for 50,000 ordinary 1 Pourri shares in AUSTRALIAN Blue Asbestos Limited was ccnfiaansd produced in Asbestos Porscnsl injury Cases: ! * and copied to Rch^- i 1949 5th January, 1949 12th January, 1949 19th January, 1949 2$th January, 1949 2nd February, 1948 16th February, -15- Present: E R Khox (Chair), K W Rater, E W Fairfax, D Wilscn, J G Crwthar and the General Ihe receipt of a claim for 24,613 13 9 Pounds iron S Rhys, of London, against Australian Blue Asbestos Limited was reported, and Mr C W R Powell's letter of the 16th Decoder, 1948, was read and discussed Present: Sir Jfcnsran Rater (Chair), E w Fairfax, D fttlscn, J G Crowther ai the General Manager. HrCWR Powell'b cable fraa Johannesburg of 9th instant was read and discussed, and it was decided to ask him to advise the proposed basis of ereplcygent Mr WarcBStsr before Present: Sir Homen Rater (Chair), E W Fairfax, D Wilson, J G Crowther aid the General Jtenager. HrCWR Powell's two cables of the 13th instant frets Johannesburg were read, and it was agreed that he should be advised that his proposed offer to Mr Worcester ms approved Present: E R Knox (Chair), N W Rater, E W Fairfax, D Wilson, J G Crwthor and the General Manager. L G Hancock Asbestos Catpany's letter of the 17th instant to the Managing Director, Austral inn Blue Asbestos Ltd , was read, and it was reported that Mr Powell had engaged Mr G-yn Morgan as Manager of the Blue Asbestos Ccrnpary for three years Present: E R Knox (Chair), N W Rater, E W Fairfax, D Wilson, J G Crcwther and the General tenagar. It was reported that Mr J Worcester had withdrawn his application for snplcysaant with Australian Elite Asbestos Limited, and Mr C w R PMll, following his return frem England, South Africa and America, outlined to the Board his work while overseas Present: E R Knox (Chair), N W Xater, 0 Wilson, j G Crowcher and the Ganeral Manager. 1949 lhe offer nade to the Congany by Mr E A Weight for the sale of 9,800 deferred shares in Australian Blue Asbestos Limited at 1 Pound each wos reported Deuced in Ast-eslos t 2nd torch, 1949 6th April, 1949 20th April, 1949 27th April, 1949 16 Presents E R Knca (Clair), H V Rater, E W Fairfax, D Wilson, J G Crowther, the General tonager and the Secretary, Mr F A Tlrviale. It was agreed to reject the offer of the L G Hancock Coy for their 9,800 deferred shares in Australian Blue Asbestxs Ltmitwrt at 1 Pound each, and to counter-offer a like marker of fully paid ordinary shares, or 12s $d per share It was also agreed to increase the nominal capital of Australian Blue Asbestos Limitod to 1,000,000 Routes, and to seek permission to Issue and call up a further 100,000 Pcunds in ordinary 1 Pound abases Preseat E R KKxc (Chair), H W Rater, B W Fairfax, J G Crowther and Dr R K Barman. OSe holders, having decided Co accept the Colonial Sugar Refining Cccpany Limited's offer authorised by the Baaid an 2nd March, 1949, of selling thair Deferred Shares in Australian Blue Asbestos limited to The Colonial Sagar Refining Canpany limited at the Auditor's fair valuation of 12s 6d per share, the following transfers were, by resolution, signed and sealed:- 1 3,900 iron L G Hancock 2 1,000 "LG Hancock 3 1,950 " EAH Vfcight 4 500 ' BAH Wright Present: E R Rock (Chair), N W Rater, E K Fairfax, J G Crcwther and the Geierai Manager. It was decided that Australian Blue Asbestos Limited should install the new units in the new Fewer Etouse at an estimated cost of 3,000 Bounds Present: E R Knox (Chair), N W Eater, 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 tn Ashostc3 Porsonai Injury Cases: A. ad and copied to Richard P. t>cruggs -17- 4th May, 1949 Presents R Krczx (Oiair), N W Xater, W Fairfax, D Kilscn, J G Crwther and the General 22nd June, 1949 3rd August, 1949 17th August, 1949 14th September, 1949 It vas agreed that Australian Blue Asbestos Limited should purchase two 5-tcn Ford trucks and 2,500 ft of 8" piling Present? R that (Chair), N W Rater, & W Fairfax, D Wilscn, J G Crwther and Dr RW Human, It was agreed to engage Mr Alan Taylor as Leading Qaznsal to Mr JD Brans as Junics: to determine tte extent of cur catnaitzoant in emnecticn with supplies of asbestos fibre to S Rhys, of Xrsvdon presents E R Rack (Chair), K W Rater, E W Fairfax, D Kilscn, J G Crwther and C W Rothe. Hr CWR Powell's jDeoorandia of 29th July, in camecticn with Australian Blue Asbestos Limited, was circulated anmgst the Directors Presents R Snat (Chair), V W Rater, E W Fairfax, D Wilscn, J G Crcwther and C W Rothe. Hr CWR Powell's rtmexcarrim of 29th July was discussed in his presence, and it was agreed to confirm the expenditure of 5,850 Pounds already incurred for items not previously listed, and the expenditure of 15,000 Pounds through The CSR Co Hired Plant Account for the purchase of Eiaco loaders, 4 Heavy Scrapers and 15 Mine Cars for Australian Blue Asbestos Limited. Extracts were read froa 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 Incare Tar~ Present* R Knox (Chair), K W Rater, B W Fairfax, D Wiiscn, J G Crwther and Dr R W Hanran. The Board approved of the draft of the two letters to be sent to S Rhys, of London, as recoarended in Mr C W R Ewell's aaaararrhaa of the 12th September, 1949 Produced In Asbestos Persons* Injury Cases: Abr; nt .csd snd cepred to Richard e Scrubs i -18- 2rd Jtoverrfcer, 1949 9th November, 1949 16th November . 1949 23rd November , 1949 Present; E R Knox (Giair), N W Rater, D Wilson, J G Crcwthar, J V Dunlop and C W Roths. sencrania fraa Hr CVS Powell, end one from Hr P H Reagan, were circulated asengst the Directors Present; E R Shoe (Chair), N W Xfeter, D Wilson, J G Crcwther, J w Dunlop and C W Roths. KrCWB Russell explained his asnoranda, which have bean read by sautes of the Board during the week, and the Board agreed with Kr Powell's itxxmynriflt.ion that there should be a change of iraragesnent of Australian Blue Asbestos Limited Further consideration was deferred until next week Present; E Knot (Chair), K W Katar, .D Wilson, J G Crwthar, J W Dunlop and C W Rotbe. It was reported that the Manager of Australia Blue Asbestos Limited, Mr G Morgan, had posted his resignation Present: E R Knc* (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Rater, and C WRothe. It was decided that all senior officers of the Australian Blue Asbestos Limited staff <i e those earning over 600 Pounds on the GSR scale in the table appended to Mr C W R Pcwell's ssnsranrium of 22nd November, 1949) should be invited to join the staff of The Colonial Sugar Refining Go ltd , and that the transfer of junior staff officers of Australian Blue Asbestos X^mitfri should be considered fron time to tise on the reccxmiEndation of the Manager She staff ani salary changes indicated is Mr Powell's mamrariduRt of 22nd Novstter, 1949, were agreed to, and, in addition, it was decided to transfer the registered office of Australian Blue Asbestos Ltd fron Perth to WitUnccro it aiso also Dsmex uar so firmer Australian Blue Asbestos Ltd capital should be issued at present and that operations at Wittovxia should be financed by CSR Co Ltd funds leaned without interest and advanced as required, subject to the approval of the Beard Produced in Asbestos Personai injury Cases: At^rns vid copied to P.ichara f. Scruygs -19 14th December, 1949 1950 4th January, 1950 16th January, 1950 8th February, 1950 26th April, 1950 Present: E R I&iox (Chair), 0 Wilscsi, J G Crwthar, J W Dunlop, G B Rater, and C W ftothe. The following documents were, by resolution, signed and sealed:- 1 Transfer of five (5> deferred ^ares in Australian Blue Asbestos Limited from W J Baird to the Company Presents E R Knc (Qwir), D Wilson, J G Crowthsr, j W Dunlop, G B Rater, and C w Rothe. *he death of Mill Shift Boss Qyril Tolscn by droning at Wittenocra on Christinas Day was reported It was agreed that 695 Pounds should be expended on recreation facilities at KittavoQ Present: E R Erase (Qiair), D Wilson, j G Crowther, J w Dunlop, G B Kater, and C W Roths. It was agreed to eqnd 770 Pounds at Wittenocm in connection with the market garden Present: E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlap, G B Kater, and C W Rothe. It was agreed that Australian Elbe Asbestos Lifted should spend a further 6,390 Pounds to complete the power house, and incur expenditure of 720 Pounds to facilitate fir fighting Presents E R Knox (Qiair), D Wilson, J G Crwrther, J W Dunlop, G B Kater, and C W Rathe. It was decided to equip the miners employed by Australian Blue Asbestos Limited with battery cap lamps Produced in Asbestos Personal Injury Cases: wad and copied to P.icfw.rC h Sc-^ggs i 3rd toy, 1950 24th toy, 1950 14th June, 1950 21st Juno, 1950 28th Juno, 1950 5th July, 1950 *20' Presents E R Knot (C2iair), D Wilson, J G Crowther, J W Dunlap, G B Rater, and C W Roths. It was agreed that we should endeaveur to obtain a Mins Superintendent for Nittencaa frera America Present: B R Kwa (Chair), D Wtlscn, J G Crowther, J W Dunlcp and C W Rothe. Ihe Board were advised that the cost of installing engines and generators at the new power house, the cost of two r* sdne locsfcotives, ard the installation of new putting plant ard reticulating pipes for the -water supply, all fear Wlttenccct, had increased by 8,119 Pounds end this additicnal expanril tame was approved Present: E R Rks <teir>, D wilsm, J G Crowther, J W Dunlcp, G B Katar, and C W Roths. Mr G B Rater's report on his visit to WitterKoa Gorge, having keen read fay matters of the Board, was discussed Present: E R Knox (Chair), D Wilson, J G Crewtbar, J W &nlcp, G B Rater, and C w Rothe. It was agreed that Mr P H Reagan should endeaveur to secure the services of Mr R P Luke for Australian Blue Asbestos Limited Present: E R Knox (Qlr), D Wilson, J W Dunlop, G B Rater, and C W Rothe. HrCWR Fobs'll attended and reported an his recant visit to -WittenooB Present: E R Knox (Plain, D Wilson, J G Crowther, 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 Wittenccfa of two Aspirating systems and a conveyor to increase the recovery of asbestos, also to loan 10,000 Pounds to Messrs Barrett & Radley to enable them to purchase two new teyland trucks Produced in Asbaslos Personal Injury Cases: /.trams isad and copied to Richard F. Scruggs 21- 26th July, 1950 16th August, 1950 20th Septarter, 1950 4th Cctefcer, 1950 \* 1st November, 1950 15th Soveroter, 1950 Presents R Knox <Chair), D Wilson, J G Crcwther, J W Dunlq?, G B Kater, and C W Rothe. Zt was agreed that Australia Blue Asbestos Ltd should dispose of the Jcy leaders, also that that Carpany should exceed the sum of 14,000 Pounds fear the purchase of a Crossley engine and generator to replace the Rustran units ar time etattfafriisa the power plant at Wittencan with Crossley pccducts Present: B R Knox (Chair), D Wilson, J G Crcvther, J W Dunlop, G B Xater, and C W Rothe. Betracts were read froa the Mmager of Aastmlian Blue Asbestos Limited' letter P Ho 316, doling with the half-yearly accounts Present: E R Tnox (Chair), D Wilscn, J G Czowther, J W Dunlop, G B Kater, and Dr R W Raman. Approval was given to Australian Blue Astestos Ltd to purchase a bus and a 60" ventilation fan for Wittencco, also to preliminary steps being taken to obtain a ere* of mine foremen frtm America Present: E R Knox (Chair), D Wilson, j G Crcwther, J w Dunlop, G B Kater, and R w Barman. Approval was given to Mr C W R Powell's proposal that five mine foreran should be nhfrainftri rOB JffQSClca Present: E R Ktox (Chair), D Wilson, J G Crcvther, J W Dunlop, G B Kater, and C W Rothe. HrCWR Powell, reported the ccartitions at Wittenoan, and it was agreed that Australian Blue Asbestos Limited should &daavour to obtain sene 25 machine miners frees Ecuador. Present: S R Knox (Qnir), D Wilscn, J G Crcwther, J W tXmlcp, G B Kater, and C K Rothe. MrCWP Po-rell's msnorareiura of the 13th instant, dealing with Australian Blue Asbestos Limited, was circulated aaongst the Directors Produced fc Asbestos Persona Injury Cases: Abrams and coced to Richard F.C;,wWs f 29th Ncweiber, 1950 1951 14th February, 1951 14th February, 1951 14th March, 1951 21st March, 1951 'Bth March, 1951 2nd May, 1951 22 Present: R Knot (Chair), D WilscA, J G Crcwther, J W Dunlop, G B Kater, and C W Rotha. 2he recamerkd&turxts contained in Jfir C W R Pawll's nsomandua of the 13th instant concerning Australian Blue Asbestos limited were approved Presents S R Rrm (Q^air), D Wilson, Preset: E R Bftac (Chair;, D Wilson, j G Crcwther, j W Dunlop, G B Rater, and C W Rothe. It vas <fac.idf*j that Australian Blue Asbestos rAmi+*A should carry oat the terms of the agiuarent with CSR Co Ltd in connection, with the psyEsent of 1,000 Pounds per annum for leases Present: S R Rncoc <Qir>, D Wilscn, j G CKVther, J W Dunlop, G B Kater, and c W Rathe. Hr PH Reagan's cable was read reporting that 35 Jackhairoer operators had been selected in Italy, and that it was hoped that they would be despatched by air to wittumocm airost imrediately Present: E R Knot (Oiaix), D Wilson, j G Crcwther, J W Dunlop, G B Kater, and R w Harman. TOe fire and eqplosicn in the rragarine at Wittarexm on 12th instant vas reported Present: E R Kncac (Chair), D Wilson, j W Dunlop, G B Katar, and C W Rothe. Contracts of Sale between the Cenpany, J K Rhys and Minerals Fibres Ltd for the sale of 392 tons of blue asbestos fibre to Minerals Fibres Ltd in settlement of a claim against the Company in respect of our alleged breach of contracts to supply fibre was, by resolution, signed and sealed Present: 2 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 arrounting to 8,165 PCBKCS IN AOERDMCE WISH TOE m&mzm DATED 27TO April 1951 Produced In Asbfitfos rv'rrr^ai Injury Cases: Abrarrt3 o-yd copied to Richard F, Suw^ss -23- 27th June, 1951 11th July, 1951 5th September, 1951 24th October, 1951 Presents E R Knox (Oiair), D Wilsm, j G Crcwther:, J w Dunlop, G B Kater, and C H Kothe. Hr Powell also reported on hie recent visit to Wittenccra Presents E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlop, G B Kater, aid R W Hazaran. The ^pcznditme to be inotrreri by Australian Blue Asbestos limited for tie year ending 31st Decanter 1951 as raxnratsdrd in Mr C W R Powell's genoraivto of the 4th instant, was discussed and approval given fear the expenditure of 22,005 founds an capital itsras Mr P H Reagan's resumption of his original position of Consulting Sjgineer and Mr RP Lute's appointrmt as Manager were confirmed Present: E R Knox (Chair) f D Wilscn, j G Crcwther, J W Dunlcp, G B Kater, and R W Haman. The expenditure of 3,700 Pounds by Australian Blue Asbestos Limited on the purchase of an ore drier was agreed to Present: E R M (Chair), D Wilson, j G Crcwther, J R Dunlop, G B Kates, and R W Harman. It was agreed to provide an additional 50,000 Pounds to finance the operations of Australian Blue Asbestos UMHE5 TO THE Q OF EE Y&R, AKD THAT THAT Gmgany 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 Asfaos*oT personaf wVj^y ^*,**. copied Jo Bier.** P. Scrips 30th January, 1952 -25- Present: E R Knox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, and R W Harden. 3he letter dated 2Xst January 1952 frm the President of the Jchr&s-Hanville Corporation asking for further infornstim about Australian Blue Asbestos TAmi t*rf *as read and the proposed reply appiwad Uta decision of the West Australian Prices Oam&ssicner to grant increases of 50 Pounds, 25 Pounds end 20 Pounds per ten in the prices of Nos 1, 2 and 3 grade fibre respectively 8 reported, also details of an application for father increase in the price of Nos 2 and 3 grade fibre Produced in Ashr^ea Personal Injury Class: / ^ a end copied lo Richard K Scruggs i 6th February, 1952 2nd April, 1952 23rd April, 1952 28th May, 1952 25th June, 1952 30th July, 1952 26 Pressit: E R Riox (Chair), D Wilson, J G Crowther, J W Dunlop, G B Kater, and R w Hemm. 'Hie accounts of Australian Blue Asbestos ltd for the half-year ended 31st December 1951 were discussed Presents E R Knox (Chair), D Wilson, J G Crcwther, J W Dunlfff, G B Eater, and R W i&rmar.. The destruction of the Gcvsxment Hospital at Wittenccm by fire m the 23rd March was reported Presents E R Dnx (Osaix), J G Crcwther, J W Dunlop, 6 B Kater, and R W Hazaaan. Several setters were discussed, Mr K O Brora being present, and it was (fec.frtai to agree to the reccRcendatierts in Mr X 0 Brown's netcrandua , of the 21st April 1952, in connection with Australian Blue Asbestos, these including further capital expenditure over the next three acsiths to a total value of 25,000 Pounds and a cmtrihition of 750 Pounds per annua towards the remuneration of a Doctor at witts^con Presents R Knox (Chair), D Wilson, J G Czcwther, J W Dunlop, G B Eater, and R w Haman. The General Manager reported that he had discussed the supply of blue asbestos fibre fran Wittenocc with Mr Tfcyne Reid, of Janes K&zdie & Co Pty Ltd, who stated that his firm would be willing to accept 60 tons of asbestos per jronth Present: E R Kncx (Chair), D Wilson, J G Crwfher, J W Dunlop, G B Kater, ar*2 R W Hannan. Approval given to Mr R P Luke's reguest that ha be permitted to return to America Presents E R Knox (Qiair), D Wilson, J G Crcwther, J w Dunlop and R W Harman. It was reported that the accounts of Australian Blue Asbestos Limited disclosed a loss of 67,860 Pounds for the year erded 30th June, 1952 Produced in Astas'os Pcrsor InjuryCases: Abrams lead sr: ccpKsd to Richard F. Scruggs e.f i -29- 18th February, 1953 25th February, 1953 4th March, 19S3 11th March, 1953 25th March, 1953 29th April, 1953 Present: E R Knox (Chair), J G Crwther, J w Dunlop, G B Kater, WJV Windeyer and the General Manager. The sain features of the operating report; of Australian Blue Asbestos Limited for the four weeks ended 27th January were cede knew* Present: E R Knox (Chair), J G Crmther, J W Dunlop, G B Rater, WJV Kinrieyer and the General Manager. aansfers of Mining Tenarents (39) frao the Caxpsny to Australian Blue Asbestos Ltd tor a consideration of 52,700 Pounds as under, were, by resolutim, signed and sealedt- <a) 36 Mineral claims <b) 2 Miners* Bansstsad Leases (c) X Subterranean Sfeter Right Presents E R Knox <Chaix), J G Crcwther, J W Dunlop, G B Kater, WJV Windeyer and the General Manager. Mr K 0 Brown's lEestorandum of 3rd March 1953, in connection with Australian Blue Asbestos Ltd was circulated arrengst the Directors Presents E R Knox (Chair), J G Ccewther, J W Dunlop, G B Kater, WJV Wiudeyer and the General Manager. Mr K 0 Brown's ssnsrarrhst of the 3rd March dealing with Australian Blue Asbestos Limited, was considered in his presence, ard it was agreed that seine mine develcpnent work should be started in Colonial Gorge Present: E R Knox (Chair), J W Dunlop, G B Kater, WJV Wirxteyer ard the General Manager. Mr K 0 Brown's report on his visit to the Secretary of the Department of National Development was discussed, Mr Brawn being present, and the draft of a letter to the Minister for Rational Eesrelcprrent approved Present: E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, WJV Windsor and the General Manager. A fatal accident to a loco-driver in the mine at Wittanccm was reported Produced In Ashrs!^ Phonal injury Cases: Ai,.;v - ^ a ***** Richard F.S^u^s r 13th May, 1953 20th toy, 1953 10th June, 1953 17th June, 1953 8th July, 1953 30 Present; E R Knox (Chair), J G Crwther, J W Dunlop, G B Rater, W J V Hindeyer and the General Manager. CSR accounts disclose plant hire etc to ABA Present: E R Krcec (Chair), J G Crowther, J W amicp, H J V Hlndeyer and the General Manager. It was agreed to raka a loan of 20,000 Pounds 'So Australian Blue Asbestos T.indtftd for a period of three tenths, when the position is to be reviewed She Board were infcased that Mr K 0 Brown had interviewed the Minister for National Development afoot marfceting the products of Australian Blue Asbestos Limited Present: E R S*ac (Chair), J G Crowther, j V Dunlq?, G B Rater, WJV Windier and the General terager. She Bsard agreed to assist Mineral Fibres Ltd, Londcn, by reducing their oantract price to 150 Pcunds per ton ard the quantity from 320 to 160 tens as reccrcrcended in Mr Brown's genorandura of 4th June Preset: J G Crowther (Chair), J W txmlep, G B Katar, WJV Windeyer ard the General Manager. The Board approved of the proposal that Australian Blue Asbestos Ltd should call up Is Od per share on 1,000,000 shares at present paid to 17s ?d per share Mr MG King's report, dated 15th June, 1953, on his visit to Europe in connection with asbestos markets, was considered Annual reports covering the work of all Building Materials Division activities v*sre discussed, Mr M 0 Brown being present Presents E R Knox (Chair), J G Crowther, j W Dunlop, G B Kater, WJV Kindeyer and the General Manager. The Board approved of Australian Blue Asbestos Limited calling up the balance of uncalled capital cm 1,000,000 shares, vis , Is 5d per share, as and whem required Produced in Asfcec"^ P*rson9t Injury Cases: Ac;&r:.s io; : ana copied to Richard F. Scrubs i -31- 5th August, 1953 19th August, 1953 30th September, 1953 7th October, 1953 21st October, 1953 Presents E R Knox (Chair), J W IXmlop, G B Xater, Wjv Windeyer and the General fenager. Appaxval vies given to Jtttttraliwn Blue Asbestos Limited to call up 10s Od per share cn 50,000 shares Presets E R Knox (Chair), J G Crowther, J W Dunlcp, G B satear, WJV Wnieyer and the General ft&nagar. The quarterly reports cn the work of the various factories of the Oivisicn ware discussed, Mr Brcun being present Present: S R Knox (Chair), J G Crwther, J W Exmlop, G B Kater, WJV Windeyer, the General Manager and J Vasm. As recamertied in Mr K 0 Brown's roirwrandum of the 22nd Septatfecsr, 1953, dealing with Australian Blue Asbestos Limited, the Bo&xd approved of the waiving of the Conpeny' s loan of 1,300 Pomds to the Hittenccro Race Club Present: E R Knox (Chair), J G Crtwther, J W Dunlop, G B Kater, WJV Windeyer and the General Manager. The Board were informed of Hr K O Beam's discussions with Senator Sparser end Custers' Department officials on ways and means of increasing the use of blue asbestos in Australia Reports on the work of the various Building Materials Divisicn factories for the year ended 30th June 1953 were considered Present: E R Knox (Qiair), J W ixmlop, G B Kater, WJV Windeyer and the General Manager. The fatal accident to Eesnorei de Vaurno at Viittenoan on the 12th October was reported rr/jr.^ns s . < P_*J' P**d to Richard f. Sc.^is i -32 4th Ncvaaer, 1953 11th Njvecfcor,. 1953 16th Jtovenfcer, 1953 9th Dacariber, 1953 Present: E R Knew (Chair), J W IXmlop, W J V Windeyar arti the General Manager. It was reported that the Coroner's finding at the inquest cm the death of a miner doe to an accident at Kittenccra cn 12th October 1953 was "accidental death with no falana attributable to enycro " The Board agreed that we should ask for a Tariff Beard Inquiry cn blue asbestos, as recemaended in Mr K 0 Brown's wanaraadum of the 3rd NoveBtoer 1953 Present: E R Knox (Chair), J W IXmlop, G B Rater, W J V Windeyer and the gtmecal Manager. The Board were advised that the occupants of the Western Australian Housing Carraissicn at mttsnoca were refusing to pay the increase of 16s Od par week in rent, and that Australian Blue Asbestos limited could offer to pay half the increase until the next wges detemination Presents E R Kick (Chair), J G Crcwthsr, J W Donley, G B Kater and the General Manager. The Board agreed to write off plant hired to Australian Blue Asbestos Limited arointing to 2,945 Pounds It was reported that Australian Blue Asbestos Limited were continuing to sake deductions of increased resits frent wages and had not yet made an offer to pay part of the increase, that the tenants were continuing work and that Hr C H Broadhurst was going to Perth to discuss thfe matter with representatives of the Australian Workers thicn Present: S R Rick (Chair), J W IXmlcp, G B Kater, WJV Wirdeyer and idle General Manager. Reparts on the work of the factories of the Building Materials Division for the quarter ended 30th September, 1953 were discussed f^tfucedinAsh,-^. * %jy Cases: a< j copred to Richard's?*'-' vjg*s** 5 i -33- 1954 6th January, 1954 10th February, 1953 17th February, 1954 24th February, 1954 10th March, 1.954 Presents E R Ktox (Qiair), J G Crtwther, J V Dunlcp, and the General Manager. Approval was given to Mr K 0 Brcwn'a reccsrenctetlon of the 4th January, 1954, that Australian Blue Asbestos Limited should call up new capital amounting to apprccdaately 30,000 Pounds per omth tor the next six arxiths ffcesents E R Shox (Chair), J G Crwther, J V Dunlop, G B Rater, WJV Windeyer and J Vernon. Good rain was reported at Wittenocm The Beard were advised that the Minister for Traria and Custoas had referred the questions of protection for the production of asbestos fibre to the Tariff Baard for inquiry and teyjxt Presents E R Knox (Qiair), J G Czowther, J Dunlop, G B Kater and J Verncsu ao Board were interned that the Tariff Board hearing cm asbestos fibre production was likely to take place in May Present: E R Fhox (Chair), J G Crewther, J W Dunlop, G B Kater, WJV Wirdeyer and the General Manager and J Verrcn. Mr K O Brown's Banorardum of the 18th instant, together with smBarised accounts of Australian Blue Asbestos Ltd for the half-year ended 31st Decanter 1953 *s considered 3he Board disewssad the statecent reported to have been made to the ''San" newspaper regarding the use of Australian asbestos fibre and of our propose* statement in reply Present: E R nox (Q^dx>, J G Crwcher, J tf Dunlop, G B Kater, WJV Windeyer and the General Manager. The quarterly reports cn the work of the factories of the Building Materials Division were discussed c S? v-'y? .c m.sj f'uf Hi Produced in Ashns'nr. injuryGj^s:#:.* ... copied to Richard fr. &w.. 1 24 1952 2nd January, 1052 9th January, 1952 23rd January, 1952 Presents B Stick (Qvdr}, t> Wilson, J G Crtvther, j w Dunlop, G B Katsr, and R W Harman. The &rd approved of a lean of 25,000 Pounds being toads to Australian Blue Asbestos i.imirfld to zneot expea*iiture until the and of January, 1952 Present: E R Knox <Chair), 0 Kilscn, j G Cscwthor, j w tXmlop, G B Katcr, and R w Harman. Mr K 0 arewn's j&nozardm of the 7th instant was considered end it was decided to ask the Jchns-Manvilla Oarpsraticn whether they were interested in the project before approaching users of asbestos and the CaaacwBalth * Gcveronent concerning stfigas to he taken to increase the selling price of asbestos Meanwhile, approval was given for the esgxffiditure of 75,000 Pounds over the next three aenths on operating costs end capital items already approved and up to an additicral 30,000 Pounds on expansion of the Bill It was agreed that Hr KO Brcwn should takes the place of Mr C W R Powell as Managing Director of all BHD subsidiary Ctnpani.es and that Kr M G King be appointed a Director in each of them Present: E R Knox <Qhair>, D Wilson, J G Crcwther, j w Dunlop, G B Katar, and R W Ifeiman. The General Manager reported his discussion with the Minister for Trade ard Customs concerning Wictenccm Produced in copied io H^uaro d^u-^s -27- 20th August, 1952 3rd September, 1352 24th September, 1952 5th November, 1952 19th November, 1952 Present*. E R Kncx (Chair), D Wilson, J G Qxwther, J w Dunlop and the Cftnar*1 Manager. Extracts were read iron the operating report cf Australian Blue Asbestos United for the four weeks eaderi 15th July 1952 Presents J G Crowthsr (Chair), D Wilson, J W Dunlop, G B Kater, and and the General Manager. A letter dated 22rri August frera the President of Jdhns-Kanville Corporation was seed, stating they were not in favour of joining in with cur ABA project. Hr Brown's irannrftnrhan of 2nd Septariaar reporting ax his visit to the Premier of Western Australia, and on y**?**! plans for ABA, was considered and a further capital expenditure of 20,000 Pounds was approved. .. Present: E R Knox (Chair), J G CScwther, J W IXmiop, G S Kater, and the General Jtenager. Proxy - the Gargany appointing K 0 Brown, cr falling him J A Elrnslie, its proxy to vote at meetings of Australian Blue Asbestos Limited was, by resolution, signed and sealed Present: E R Knox (Chair), J G Crowthar, J W Dunlop, G B Kater, and the General Manager. Reports following the visit to Wittencaa of K&ssrs ihyrtQ Reid and J S Proud were considered, and it was decided to ask James Hardie & Co Pty Ltd to join in the fomtion of a Cecpany for marketing asbestos It was decided that Australian Blue Asbestos Limited should increase its paid up capital by an amount approxisating 850,000 Pounds to repay The Colonial Sugar Refining Coxpany Ltd for the aracunt of advances made by way of loans and current account, and to take over the asbestos leases twned by She Colonial Sugar Refining Company Ltd Present: E R Knox (Chair), D Wilsm, J G Crcwther, J w Donley, G B Kater, aral 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 emnesetiers with sales of blue asbestos Produced in Asbssics Parson*! injury Cases: Abrams lead a ''Anted to Richard F. Scruodsi 28- 3rd December, 1952 l?th December, 1S52 ( 24th December, 1952 1953 14th January, 1953 28th JANUARY, 1953 Present* E R Knew (Chair), D Wilson, J G Cctwthen:, J W Dunlop, G B Rater, and the General Manager. Jhe Board were advised the receipt of consent frcxrs the Capital Issues Control Beard for Australian Blue Asbestos Limited to issue cne million ordinary shares of 1 Bound each for cash subscriptions ' Presents R Knox <Qiair>, D Wilson, J G Crcwther, J w Dunlop, G B Kater, and the General Manager. A surrnary was given of letters iron Canadian and Swiss firms to Mr A T Reid, sent on by him to us, dealing with the sale of blue asbestos aid the Board approved of the engagement of Mr R P Luke as Consulting Engineer for Australian Blue Asbestos Limt fed for three tenths teca January 1953, at a salary of 1,500 dollars per tenth. Presents J G Cccwther (Chair), D Wilson, J V Dunlop, G B Xatar, a3 the General Onager. Extracts ware read frem Mr K 0 Brown's letter frcci Mew York, dated 14th Pacsafcer, dealing with the sale of blue asbestos Presents E R Txx <Ch&ir>, J G Crowther, J W Dunlop, and the General Manager. The 6ale of 400 tons of *b 3 grade asbestos fibre to Mineral.Fibres Ltd , Ionian at A155 Pcurris per tm, and 2,000 tons of lb 3 grade fibres to Johns-^lanville during 1953 at A150 ftssxis per tan, both contracts fob Fremantle, *wes 'reposted Presentj E R Knox (Qiair), J W Dunlop, G B Kater, and the General Manager. It was reported that the accounts of Australian Blue Asbestos Limited for the half year ended 31st December showed, on the basis of valuation of stock at current selling price, a loss of 10,979 Pounds Produced In Asbestos Pcr.on*t injury Cases: Ab> o d copied to Bictiara r1. U,: t I4th April, 1954 28th April, 1954 /* 2th May, 1954 19th May, 1954 2nd Jane, 1954 9th June, 1954 -34- Presents E R Knox (Chair), J G Crcwther, G B Rater, W J V Windeyer and the General Manager. The results of Mr C H Broadhurst's discussions on Australian Blue Asbestos affairs with several Hankers of parliament and Gcwensasnt Officers in Canberra cm 12th April were made know Present: E R Knew (Qiair), J G Crcwther, J H Rmlop, G B Xater, WJV Windeyer and the General Manager. The General Manager was authorised to sign an Agency agreement appointing Mineral Tibres Ltd of Imdon our selling agetts in Barops for a p^rifid of two years Present: E R Tnat (Chair), J G Crcwther, J W tomlap, G B Rater, and the General Manager. CSR accounts disclose plant hire etc to ABA Present: E R Knox (Chair), J G Crcwther, J W tmicp, G B Rater, and the General Manager. The case in support of cur application to the Tariff Bsard for a protective duty on imported asbestos fibre was considered, Mr H G King being present Present: E R Knox (Qiair), J G Crcwther, j W Cuniop, G B Rater, and the General Manager. Zt was agreed that Australian Blue Asbestos Limited should call up, as required, a farther 125,000 .Pounds during the pnn.fxi ending 30th Septenber, 1954 Present: S R Skcec (Chair), J G Crtwther, j W Dunlop, G B Xater, WJV WirrSeyer and the General Manager. The General jfenager outlined the proceedings at the Tariff Board Inquiry cm 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 September, 1954 29th Septxrrtoer, 1354 Presents E R Knox <&air>, J G Crcwther, J W Dunlop, G B Rater, and the General Manager. The Board were inferred of the evidence to be sulmitted at the Melbourne hearing of the Tariff Beard iWjuixy into asbestos fibre, Mr K 0 Brcwn being present Presents E R Rnox (Chair), J G Crcwther, J W Dunlop, G B Tatar, and the General tonager. It was decided that the selling price abroad of Ho 3 grade asbestos should be reduced to 110 Pounds per ten fob Fracantle, as recamended in Mr R 0 Brwn's marorancksn of the 6th July, 1954 Presents E R Knee* (Chair), J G Crcwther, J W Dunlop, G B Rater, and the Cfrneral. Ifenager. The Rvtrd ware advised that the Annual Accounts of Australian Blue Asbestos Ltd for the year ended 30th June 1954, shared a loss of 57,711 Pounds Presents E R Knox (Chair), J G Crcwther, J W Dunlop, G b Rater, and the General tenager. The Board agreed that it was sufficient to have BHD activity reports half-yearly only Present* E R Knox (Qair), J G Crcwther, j W CXmlop, G B Rater, ard the General Manager. Reports on the vork of ths factories of the Building materials -Division-were taxisidQreri, Messrs K 0 Brcwn arti K G Ring being present The Board approved of Australian Blue Asbestos Limited issuing new shares to the value of 75,000 Pounds to be called up as arsd when required, as recarmsnded in Mr K O Brown's memorandum of 14th September, 1954 Present: E R Knox (Chair), J G Crcwther, J w Ewnlop, G B Rater, and the General Manager. The annual accounts of Australian Blue ltd for the year aided 30th June 1S54 ware submitted Produced in Asbestos Parson^ ^f[yp,8^s: Abrams f^d rVtd eopfed to Richard F. Scruggs f 35 27th October, 1954 3rd November, 1954 17th November.. 1954 *. .st Decarter, 1954 15th December, 1954 presents E R Knox (Chair), J G Crtwthar, j w Dunlop, G B Kater, and the General Manager. Mr K 0 Bexwn presented his report, dated 20th October 1954 on the cperaticns of Australian Blue Asbestos Limited at Kittancan, and it was eime-AeinA to <tenge to two-shift operatlca* about January, 1955; to rwrftKa the price of asbestos to Johns-Manvilie to 100 Ponds per tm 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 Rxac (Chair), J W Dunlop, G B Rater, W J V Kiideyer aai the Gfioeral Manager. The toard agreed to accent an offer of 3,250 Pounds for the Australian Blue Asbestos pcwerhoosa steelwork, and that the balance outstanding, via, 1,981 Pounds should be written off Present: E R Knox (Chair), J G Crcwther, J W Dunlop, G B Eater, W J V Kindeyer and the General Manager. The Board ware advised that it would be sans tire before the Tariff Board import cn Australian Blue Asbestos limited was issued it was repeated that the Johns-Manvilie Corporation were still interested in purchasing blue asbestos fibre at about 100 Pounds par tm fob Prcmantle and had ordered an additional 480 tons Present: E R Jftox (Chair), J G Crcwther, J w Dunlop, and the General Manager. It was reported that Johra-Manville had indicated that they would take 3,000 tons of asbestos in 1955 at 100 Pounds per ten Present: E R Knox (Chair), J G Crcwther, J W Dunlop, 1? J V Windeyer and the General Manager. The half-yearly reports on the work of the factories of this Division were considered, Mr K O Brown being present Produced in Au;ilvr> i 1955 5th January, 19S5 12th January, 1955 26th January, 1955 23rd March, 1955 ,ch April, 1955 -37- Presents E R Encx (Chair), J G Crowther, J W Dunlcp, hjv Winrie^r and the General Onager. The Beard were advised that a cyclrne at Witterocn cn the 31st December 1954 had caused minor damage through floods Presents E R Knox (Chair), J G Crowther, J W Dunlop, HJV WLndeyer and the General. Manager. Further details were given shout the flood damage at Kittancos caused by the cycles there cr the 31st Decarter, 1954 Ihe Beard ware Infoarad that we had, through Mineral Fibres Ltd ccnpleted negotiations for the sale to the Etemit Grasp of 800 tens of blue asbestos at 102 Sounds per ten fob Fremantle less admission amounting to 5% Present: E R Knox (Qiair), J G Crcwtbar, J W Dunlop, and the General Manager. It was reported that, for the lalf-year ended 31st Decesfcer, 1954 Australian Blue Asbestos Limited had shorn a loss of 55,870 Pounds Presents E R Tnax (Chair), J G Crowther, J W Dunlop, G & Kates:, and the General Manager. Reports cm the work of tte Building Materials Division factories for the half-year ended 31st Decerter, 1954 were considered presotts R Knox (Chair), J G Crowther, J W Donicp, G B Katar, W j v Windsyer and J Vernon. Approval was given to Mr K 0 Brown's reccfansnrifiti.on that the Italian Etemlt Group's offer of 97 16 3 Pounds per ten fob Frerantle for appnmimataly 2,400 tons of blue asbestos fibre <be accepted It was further agreed that the price to Johns-Kanvilie Corporation for the outstanding balance of their current order be reduced to 98 Founds per ten as iron June next Produced In Aste-sw. Personal Injury Cases: Alr:rr M^ /*,rsiAd to Rivard F. Scruggs 4th Kay, 1955 11th May, 1955 18th May, 1955 it'". f 1st Jane, 1955 '5th June, 1955 -38- Present: & R KTcdt (Qv>1r), J G Crcwther, J W Dunlop, G 8 Rater, W J V Windeyar and the General Jtenager. 2he result of Mr C H Brcadhurst's visit to Canberra in ccnnectlcn with the Australian Blue Asbestos tariff application was reported Resolved that either Keith Osborne Brow: or Malcolia George King be and each of than is hereby authorised to sign for and cn behalf of the COrpany contracts for the sale of blue asbestos fibre to overseas buyers received in Sydney fran Minerals Fibres Ltd or any other overseas selling agent of the Cccpany Present: E R J&kk (Chair), J W IXmlcp, G B Rater, W J V WLndeyer and the Gerec&l Onager. CSR accounts disclose plant hire etc to ABA Present: E R Kncx (Qiaii), J G Crcwther, J W Dunlop, G B Rater, H J V Windoyer and the Genial Manager. tether infooaticn was given about the Australian Blue Asbestos tariff case Presents 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 Bine Asbestos Ltd for assistance for the asbestos industry at Vitteruxa Present: E R Knox (Chair), J G Crcwther, J W Dunlop, G B Kater, and the General Manager. Mr X 0 Brown's jnsporarriuro of the 10th June, cn the position of the Australian Blue Asbestos Ibriff Case, ves discussed Produced in Asbestos Personal Injury Cases: Abrsrrs lead and copied to Richard F. Scruggs i 6th July, 1955 -33- i Present; E R Knox (Chair), J W IXmlop, G B s&ter, and the General Manager. As the Tariff Board report on Blue Asbestos la 3t^et published and as the Federal GjvmufcATt has takm no favourable action, the paBitim of Wittencan vas discussed. Messes K 0 Brown ard C K Bsoadharse being present, and it was decided that these two offiimss, in parses*, should pit to the Western Australian Premier a proposal that his Goverransnt and the Gamoovealth Governrfent should subsidise the output of Wittenoat 20th July, 1955 Present; E R Knox (Chair), J G Crcwther, J W Dunlop, G B Katar, and the General Manager. Board were advised of the result of Messrs K 0 Browns`s and C H Broadhurst's discussions with the Western Australian Premier on the subject of assistance by subsidy for Kittenocnt, as set out in the Mccardum of 19th July 195$, Mr Brcwi being present 27th July, 1955 Presents E R Knox (Chair), J G Crowther, J W Dunlop, G B Kater, end the General Manager. Mr K 0 Brown's CEmaraidtim of 26th July 1955 on the tariff position in regard to Australian Blue Asbestos limited vas discussed 10th August, 1955 Presents E R Knox (Chair), J G Crwther, J w Dunlop, G B Kater, and the General Manager. Mr X O Brom'-STrewsarriian cf -6th 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 vas submitted 3<tth SeptEnfcor, 1955 Presents E R Knox (Chair), J G Crcwther, J W lAmlqp, G B Kater, and J Vernon. Hie Tariff Board's report on the application by Australian Blue Asbestos Ltd for tariff Assistance was considered and the form of a latter to Senator Spccraar was agreed upon Prod.cfid injury Cr.ro v: \ >-s:vi ar.d COpfCO 10 RiChQfU r. ScrugQS -40- 21st September, 1955 5th Octafrar, 1955 12th October, 1955 19th Cctchar, 1955 Present: E R Itoox (Oair), J G Crcwther, ,3 W Dunlop, G B Kater, the Manager and J Venvsi. 3he Board were advised of recent discussions with Barbers of the COTTOTwealth and Vtestam Australian Govarrmants over our application for assistance for the asbestos industry It fcos agreed that Mr ? C ghasas he appointed Manager at Witterccn and that Mr C B Brcadhurst should he appointed a director of Australian Slue Asbestos Limited as reccctncrded in Mr K 0 Brown's Bssnorandum of 20th September, 1955 Present; E R Knox (Chair), J G Crcwther, J W Dunlcp, G B Kater, and the ftgngrai Manager. A rote cn sale procedure for blue asbestos was circa!atei aacngst the Directors A letter was read from the Premier of Western Australian dated 5th September, 195S stating his Govemnant would give financial assistance to the extent of 5 Founds per ton m each ten of fibre transported to Roecum@ up to a tnaxlmra of 30,000 Founds for one year beginning 1st October, 1955 Presents E R Knox <Oiair), J G Crcwther, j V Dunlop, and the General Manager. the Board were advised that Mr K 0 Brown had told the Prosier of Western Australia that we accept** the offer of a subsidy of 5 Founds per ton on blue asbestos fibre, also, that Mr Brown discussed with the Premier a suitable approach to the Camorrwealth Government with a view to obtaining a similar Comcnwealth subsidy Present: E R Knox (Chair), J G Crcwther, J tf Dunlop, G B Kater, and the General Manager. Shq prcducticn and sales programme for 1956 for Australian Blue Asbestos Ltd was discussal, Messrs J Vernon and K 0 Brown being present., ard it was decide that we should continue production at Wittenccra for the tine being, that further examination of the extension of fihro-cerent manufacture should be trade arri that Hr Brcwn should visit Johns-Mamdlle in fterf York prefaced in AstKK'os , -41- 2nd Jtovater, 1955 23rd Jtoverrfcer . 1955 9th Ncwester . 1955 7th December, 1955 21st Eececter , 1955 Present! E R Knox (Chair), J G Crwther, J W Dunlop, G B Rater, and the General Manager. Activity Reports covering the work of the urderaentiaied subsidiary companies for the year ended 30th June 1955 ware consideredj- Anstralian Blue Asbestos ltd Present: E R Knox (Chair), JG Cxowthar, J W Dunlop, G B Rater, and the General Manager. It was derided to write off 3,786 15 8 Pounds in respect of a muter of items of worn-out plant hired to Australian Blue Asbestos Limited i---- Present: E R Rnox (Chair), J V Dunlcp, G B Rater, and the General Manager. Press reports of the extraordinary general meeting of James Kardie Asbestos limi ted and of the remarks about the Tariff Board report on the Inquiry into the Blue Asbestos industry were discussed Present: E R Knox (Chair), J G Czwther, and the General Manager. The Beard discussed KcKO Brown's cable of 1st Seccnter stating that Jctons-Manville would buy a minimum of 3,000 tons of blue asbestos per annum and probably sore and that the President, Mr A R Fisher, would most likely visit Australia and Wlttesvxn in April next year Consideration was given to Mr C H Broadhurst's information that the Italian secticn of the Remit Group was discussing a firm contract for two or three year* at a firm price for a minimum of 3,000 tens of asbestos a year Present: E R Knox (Chaix), J G Crowther, J W tonlcp, G B Rater, and the General Manager. Mr X O Brown attended and reported on his visit to Johns-Manville as given in his rtmcr&ndm of 19th Decanter, 1955 Produced in Asboclos Persomi Injury Cases: toarrMeid ;nd copied to Richard F. Su*i33 i