Document emLMEyQMEJ5NnNnYqgjpoKEZy

, >Tnr^-iM ntaiMi"-" L1&21280 -^---- --' - ,- i r-, a LEAD INDUSTRIES ASSOCIATION. INC. 2*1 MAOIION AVINUI HIW YORK. N.Y. 10017 rtLCMONI-UU coot *12 O* MtM ANNUAL MEETING OP THE MEMBERS Of TM T.P-Ap |jJnUSTRIES ASSOCIATION. IHC. Chicago. Illinois April 17-18, 1967 Tho annual meeting of members of th Lead Industries Association, Inc., was held on Monday and Tuesday, April 17-18, 1967 at the Drake Hotel, Chicago, Illinois. Those in attendance are listed in Appendix "A.* (1) BUSINESS SESSION Business natters were conducted during the Second Session, Monday afternoon, April 17. President Englehorn presided with D. M. Borcina as Secretary. a. The Secretary reported a quorun was present. & b. The Secretary presented a copy of the notice of neeting which had been nailed to each member, as provided in Section 2.04 of the Corporation's By-Laws. The copy was ordered filed with the minutes as Exhibit "A" (Sent to members on March 31. 1967.) c. The minutes of the previous meeting of March 31-April 1, 1966 were approved. (2) REPORT OP THE TREASURER The Treasurer briefly reviewed the financial operations of the Association and submitted for the members`approval the report of the audit of the accounts of the Association as of December 31, 1966 by Haskins & Sells, as per Exhibit *B* attached. (3) REPORT OF NOMINATING COMMITTEE FOR DIRECTORS The Nominating Committee for Directors of the Lead Industries Association, Inc., composed of Jean Vuillequez, Chairman, Henry L. Day and Robert A. Gardiner, Jr. recommends to the membership the election of the following slate and places it in nomination! W u 4PFP* mm***mmm*t9sa**jmm i .1 HJUIWU. mm * pw w w p .' yi.^ wtwj 1ijrweswwewsB mvmmm w *j ij . * !' - -- - ; - i`" ii nf -- \_\Ik2l281 * __ -----* - .-+- ,. . -^'.^.,i.i.w3fe. . Annual Meeting Minutes .2. April 17-18, 1967 (3) or(continued r epo r t n o mima t in g c o mmit t e e f o r d ir e c t o r s ) Aubrey Callie D. R. Carter John Englshorn Robert Hendricks R. J. Hopkins H. T. Morgan L. J. Randall C. E. Schwab T. M. Sraylie S. D. Strauss W. Allen Taft, Reuben Viener H. M. Weed H. J. Whitson Jack Wilder Jr Federated Metals Division, American Smelting and Refining Co. The Eagle-Picher Co. St. Joseph Lead Co. Cominco, Ltd. The Broken Hill Associated Smelters Fty. Ltd. John R. MacGregor Lead Co. Hecla Mining Co. The Bunker Hill Co. Ethyl Corp. American Smelting and Refining Co. E. I. du Pont de Nemours S Co. Hyman Viener a Sons Co. Anaconda Sales Co. national Lead Co. United States Smelting Refining and Mining Co. There being no further nominations, it was regularly moved, seconded and unanimously carried that nominations be closed and that the Secretary be instructed to cast one ballot for the slate recom mended by the Nominating Committee. (4) REPORT OF THE EXECUTIVE VICE PRESIDENT The Executive Vice President introduced the staff, Messrs. Fader. Martin, Baker, MeAward, Smith, Fowler and Roumas who presented, in turn, brief reports of their activities during the past year, as attached. CONSOLIDATION OF LIA AND AZI The Executive Vice President then reported cn tne consolidation of LIA and AZI as follows: * A year ago not long after the death of Bob Zlegfeld, I spoke to you for the first time as Executive Vice President of Lead Industries Association, perhaps in pro tem capacity. An early assignment was to determine what might be done with the consolidation of LIA and the American Zinc Institute. Improved operating efficiency and economy were basic objectives. Obviously, it was necessary to study and discuss many aspects of the situation with many people. During the year X had the opportunity to cover the question with the Zinc Development Association and the Lead Development Association in London, where a comparable problem had been faced and resolved only a few years back. we nap w> W| mwmw jgywi LU21282 ~" ~ w -- * . ^^y-h- -fT--w*L-"--^*T Annual Meeting Minutaa -3- April 17-18, 1967 ( Continued REPORT Of THE EXECUTIVE VICE PRESIDENT ) SevaraX progress report* ware made during the year to a specially appointed group of directors, six in number -- 3 from each organisation. It was accepted from the beginning that the programs of AZI and LIA for 1966 should be continued in the pattern that had been arranged before events caught up with us. This was done. As the over-all question of consolidation was studied, it be came apparent that there were significant differences in the two industries and in the marketing and promotional programs surrounding them. These differences were readily seen in the make-up of the associations and their programs. Without going into too much detail, zinc has only four or five markets, whereas in lead -- once we get past batteries and gasoline additives, there are many market outlets, all of which are substan tially smaller than those in zinc. I found agreement during discussions with the idea that the AZX is working with a "wholesale* or "process* industry, while LIA is working much more with what could be compared to 'retail* or `products* markets. Another fundamental difference is readily apparent in the membership and financing. LIA's member companies include miners, primary producers, secondary refiners, manufacturers and those who assemble manufactured lead articles. Companies in all these categories belong and are represented on the Board of Directors. In the American Zinc Institute, active membership is essentially restricted to employees of primary domestic producers and those of foreign primary producers who sell slab in the United States. An awareness of these facts led to the conclusion and recommen dation that the present Constitutions, By-Laws, membership qualifica tions, and methods of assessments should not now be changed. At the same time, it became clear that service functions common to both organizations could be combined, with increased efficiency and economy to be expected. There was room for improvement in ths scheduling of meetings. Time and money could be saved with concurrent meetings or meetings in sequence. Economies in personnel between $40-50,000 were planned. These points were presented in the form of o recommendations to the Boards of Directors of both organizations in December 1966 -- and were approved in both cases. n . ni!^njbi----p. mi in"1' LIA21283 *w MiU--^AeasStfsaiifri W4l iT'^Jisdi iWiM#--rl'rTJf~fcj- iff rfl *4iTVi iVT JiimH' o Annual Masting Minutes -4- April 17-18, 1967 ( Continued REPORT Of THE EXECUTIVE VICE PRESIDENT) The progran of consolidation has besn carried forward as planned. The Administrative Office is functioning, personnel adjustments have been completed as scheduled. No staff members beyond those originally planned have been added, nor is any Increase presently anticipated. In Accounting, bothersome problems to be expected in transferring one method of bookkeeping to another have been taken care of and the solution of minor residual problems is assured. Physical changes (the shifting of personnel from one office to another) are planned but have not been completed. Some other adjustments demanded by this program of consolida tion seem to be proceeding without undue conflict in personnel or function. Increasing pressure on the Lead side with respect to health and safety -- and, on the zinc side, increasing pressure on die casting markets by plastics -- have required a great deal of effort and have slowed down the finalization of certain things we hoped to have done by now, but these will be taken care of. Z will ask you to accept this statement as my report on the situation as of this time.* (5) ADDRESSES AT MEETING Zn addition to the business matters reported above the following talks were delivered at the annual meeting and copies are available upon requestt The Lead Acid Battery ~ Don't Sell It Short...............................George P. Millington, Jr. Vice President & General Mans i'tr Industrial Battery Div. Gould-National Batteries, Inc. Report on Government Battery Research............................................................. Bruce rader Manager of Technical Services Lead Industries Association, Inc. Feasibility of Small Battery Powered Vehicles.......................................Max L. Feldman Tempo-Center for Advanced Studies General Electric Co. jnyjijuuiil .mm? WKmmimmmtm WMIM. .M mi -'-- niimBy U'*> LIA21284 -a* Annual Meeting Minutea -5 April 17-18, 1967 ( Continued ADDRESSES AT MEETISO ) A Concept of Public Transit........... W. W. Owen Executive Vice President The City Transit Co., Dayton, Ohio Let's Get the Lead Out --in Front.............................................................William E. Stun Vice President, General Services West Penn Power Co. Canadian Developments in Lead.... B. M. Lewis Manager, Metal Sales Cominco Ltd. Lead and Zinc in Developing Countries R. Lewis Stubbs Director-General Lead and Zinc Development Associations Problems of European Lead and Zinc Supply..........................................Clemens Schuller Fachvereinigung Metal1hutten und Umschmelzwerke E.V. Air and Water Pollution.........................Vernon G. Mackenzie Deputy Director Bureau of Disease Prevention and Environmental Control U.S. Public Health Service What's Ahead for Business -- 1967 and 1968...............................................William F. Butler Vice President fc Director, Economic Research, The Chase Manhattan Bank (6) ANNOUNCEMENT OF ELECTION OF OFFICERS It was announced during the morning Session, April 18 that the Board of Directors at its meeting on April 17, 1967, elected the following officers to serve until the next annual meetings J. R. Englehorn - President and Chairman of the Board Kenneth w. Green - Vice President Simon D. Strauss - Vice President Warren T. Trask ~ Vice President John L. Kimberley- Executive Vice President David M. Boreins - Secretary and Treasurer Mrs. D. L. Moore - Assistant Treasurer !^w^"fm*wS(ss^eMsw*^s<i!gsm"i!iesss<sseee9w,*eae,SPS51psPWPMe^a!liF PP** LUZ^88 ---- -......- ------ -- J--;- -- -- - ----| Annual Meeting Minutes -6- Aprll 17-18, 1967 (7) TVTORE MEETING DATES The Secratary reported that arrangement* are being lead# to hold future annual Beatings on the following datea and placcat 1968 -- April 3-4-5 - Queen Elisabeth Hotel Montreal, Canada 1969 -- April 14-15-16 - Drake Hotel Chicago, Xll. 1970 -- April 8-9-10 - Chase Park Plasa or Hew Hotel, St. Louis, Mo. (8) ADJOURNMENT Zn the absence of other natters to c o m before the Meeting, it thereupon duly adjourned. Respectfully subnitted. DHBiso Attr David M. Borcina Secretary Appendix "A. (Those in Attendance) Exhibit "B." (Report of Audit, Baskina A Sells) Reports from Staff Headers (6) I is ii ijniiui j iii i i