Document e5vv5K29VkzL7aq6RbMQ9LQQp

Philadelphia, Pa., September 21, 19*2 At a regular meeting of tha Directors of John T. lawla A Bros, Compart/, hold this da/ la their offieaa is tha fidener Building, thara ware present} Edward F. Beale, Chairman of the Board J. . Gardiner, President 3. Preach Reeve, fine President A. M Wilson, Vise President Leonard ?. Beale, Oireetor fhe meeting was oalled to order by Mr. Edward P. Beale, who presided, and Hr. A. M. Wilson reported the minutes of the meeting. fh minutes of the meeting of September 1*, wore road and approved. On motion made hy Mr. L. T. Beale and seeonded by Mr. Gardiner, it wae unanimously RSS0L7ED, to approve the appointment ef Hr. A. H. Wilson ee noting secretary during the leave of aheoneo that hae boon granted to Hr. Morris H. Merritt, beginning September si, lf*f. Zn addition Mr. Gardiner outlined the method in whieh other duties formerly performed by Mr. Morris B Merritt are to bo handled, namely, Mr. 3. French Reeves it to supervise purchasings Mr. H. T. C. Palmer will bo in charge of office personnel. Mr. Gardiner presented an outline of the Annual Sales Committee Meeting whieh was held at Princeton and Mew fork, September 15, 16, 17, 19*2. Mr. Gardiner reported profits for the Philadelphia Solder Company for the month of August as 3267.23, after taxes had been deducted, making the total for eight months fl,io7.*Q. Mr. Watte has estimated that sales ef corn4 solder by Lewis for eight months resulted in a profit to u* ef approximately ft,300,00, which, if truc^for all sales through branches would be equivalent to about $8,000.00 for the entire eompany. Hr. Reeves reported that ee September 15, 1|1 employee of the factory and office of John f. Lawis A Bros. Company donated a pint of bleed each at a temporary elinio epemeorod by the Amorlean Red Grooe at our factory dispensary. Mr. Reeves reported the following eomparstivo figuroe for the first eight months of 19*1 and 19*i# including estimated taxes but without ineluding Sew fork overhead} August First 8 months 19*2 * lees 3 20.50 Ifhi - profit 326,713.66 19*2 - profit 31*2,736.73 19*1 - profit *2,99**66 Mr. Reeves reported that wo had received approval from Mew lork of our CAR application covering the installation of neeassary equipment to man factors of 0g gas for oar f$P White-Lead unit, in the amount of |8,SGC (Continued) N 27061 NL 000040996 Ob settee node by Mr# 1*. T* Beale end seconded by Mr* Ctordiner, lb was decided bo apply for appropriation of $2,968*25* bo eoror the extending of oar eeneeyer system In ordor be odorgo aoboriol late sin meehaaieal furnaces o4 Is the manufacture of Itlf Sed-Lead* 2b lo ootlaabod that this ectalpnent will pay for Iboolf within 26 bo 2b months, ram bho ooriom# duet haeard, oad ho oao more hodgo against oar growlag lohor shortest. Ob Motion made by Mr* Wilson and seconded by Mr* Sardine*, Mr* H* S* Shall Asslatamt frateartr* was anbhorlaod bo sign bide bo Federal, State and Municipal agonalso la bho abooaao of Messrs* Gardiner, Moores and Wilson* Mr* Wilson sttbalbbod bho regular weekly report of shlpaeats for the week ending September 13. ` ,i There being no further business* upon notion the meeting adjourned* 1. M* Wilson* Anting Secretary* 1 NL 000040997