Document da7xRge1ZNYnwK4QVV064jRZ9

'-r r- i I i To Our GtocUJOWsn: ltlaofsitfyJnrttoreeortthat1C70Maa record year Ur yeur company, wiv> cnrrJoja Incrasstoo 62 per cent on an 0 per cant frvcftaaa to tiiia. Safes In 1670 rot? to f75.1S3.7C1 from i'20,C3,C70 In 1Cj?. Kol Income iv;s C2,231,552, cr;jl In 51.23 ear com- pored with Sl,C-f.Cl5, or fit cents per here, a year earlier. The eddltlon of toa Ixavltt Tufts Dlvhton wet major lector inti cor.'.iibutedtatito Increase In 1C7J and prei:l?.|r--a.iaor 7 fcnpcrtent factor tv>a tha said in Amil, 1S7.1, i of Cio Chernies I Division. which hid been / c.roreling at e tow. ____/ ; | ; Uneieo's other mater divisions ii?o mode cignlfVs&nt ecnlribu'.icns to corporate profits during tbs fast jw. The company bonr-flied In 1C70 by editHons to its nsnassmont team and board oftfraetars. Upon the combination with Leavitt Tubs Co, to Liiy. UT3. Mr. David 3. U-,vi?t, former president cf Lreviit Tubs Co., Inc, was stated cireotir end senior vice pepsident to chime cf cosrstUns. Thrcnr-.h Ms erport knowr5d~a of C:o mats! fcbr.<-2,.fe*!i business, ho h;u t.'^rii.icsntly atran^thoned (Msroo's corporate nvonspsman*. | In November, t CTO. Mr. Frank 6. unifier, chairman of the brird end chi? f <v:-HttVs ef.toor of Tht C- :ral i;_1'.an! DtcSt in Chicago, and I to. ftoAoit O. Ja';cn, vrro president of T r.o First National Crr-t ot CM* eago, were dash'd ft too beard ci directors. On January 7.1C71. f to. Jccceh M. Kurort, tormorfy a parmor erd v.'ra p.ec.' *. t.t cf Goss. Alien a Hamilton. Inc., errs- rmjrrt consultants. end new vcifiryj nra'actor cf business ptenrir. ', Uniw.jri.'y cf Chili -o Graduate l^col of Ouaines*. was edd-ed lotto board. , i We wteh lo five te^clel thanks to thro* retiring directors who havo served too !i f iupI1 l t