Document emBvJyYZ9wO19mXoyzQdVwKkE

<23 SM Na t io n a l Le a d Co mp a n y 1 t 1 BROADWAY NEW YORK. N. Y. 10006 February 13, 1964 Mr. T. Howard Sarine, Manager Advertising Department National Lead Company Building Dear Sir: Please be advised that at a meeting of the 0 Executive Committee of the Board of Directors of National Lead Company held today, the following resolution was adopted: RESOLVED, That the proposed Paint Advertising Budget for the year 1964 in the amount of $lf977,360. (including the amount of $487,000.00 for the Pacific Coast Branch operations), as detailed in Report dated January 13, 1964, from Mr. T. Howard Sarine, Advertising Manager, be and it hereby is approved. cc: Mr. J. A. Martino Mr. A. H. Drewes ' Mr. K. C. Specht Mr. T. F. Owens. Mr. G. A. Dewey Very truly yours, fc B. HENRICH Secretary NL 000039986 N 26145