Document epX9N5ZgkXZkqbOabgN1Y21y
'l l If i - ' S h i l l* . I . n t f i l i i i rtiil
cl,rY C-Uvol'.nu, Ohio
DAT iJoveaber 20, 1957 F0R AH Directors
s u bj ec t .-o-ttorQ va v.'hlcb Directors rnij/or Executive Cosnittoo Action lias Been Talon ana on b'hich otter Action is lending
ANSWERING lETTER OF
Faint Division
1. temfcgnt of Klpolin AgreoEent (15) - ifogoUuiiona vith respect to this proposed aLaeiitirsout ore~ploamed 3JrT*hoVruruy or March, 1953 at the tine Mr. herrunc or Mr. Puyaa Yioits Clevclmid.
2. Sole of Kvanavllle Branch (7) - A erultablo locution for tbo nev Evansville Branch Hoi* not e.0 yot boon iourui. The mlo of our present Kvunoville Brunch property# as authorised by the Directors on March 15/ will bo delayed until arrangements can bo made to assure obtaining otter suitable brunch facilities.
3* bobricu liacional Ce Pinturge. 8. A. (?) - Mr. Rodriguez has reported that copies of cur new Technological Sorvico Agrocoent and TlxideEarh Agreement executed by Babrica have boon wailed to Cleveland. Hr. itodrigues is contending# braver# that ve aro obligated under the new agreement, as vail ea cur XQjjk agree&jeut, to nail fabrics intensadiates# vehicles and synthetic resin*, including our BVA, at coot plus 6*10,i,
h* fJB`o Covering Rehabilitation of Qcvolaad Plant (1) - Changes in the ci^i&ituros eovereaXJy-iTE l-fio-b, approved \>y UuThoara oa soptsmbor 2k# suggested by the Chief .Engineer# Insurance Uaaager and Controller aro to bo subedtted by Mr. Duncan to the Board or Executive Comittce.
Ctetidctla-Pi^aanta^tetala Division
1, proposed Sale of Scranton# Pennsylvania Plant (5) - /feeotiations for the dale of 3Mb plant 'are still pending.
2. Cumberland Island - Ifegotl&tlaa* with beneficiaries of the Carnegie estate for aoSlfXcaiion of our lease agreeoe&t with tbo Trustee covering Cumberland Island mineral deposits are continuing. An expression as to tbo acceptability of tte consideration and partition proposed to the bcnOficiarlco in October is expected next month.
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1* Transfer of Condlneat and Coconut operations to BetMeheo (5) - The alterations to tbs plant at Bsthletea have been coopieted sad machinery has boon installed. Manufacturing operations at 3jahurst were discontinued on ifoveetber 1# end it was anticipated that the EUahurst plant would be closed an Hoveober 20.
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2. Proposed Sale of Iron Ftroot and WoxvaUt Plants (5) - No offera of purcboao for ciWwVlio Iron Stroci or Norwalk plants'ivo boon received uo a result of the listing of these plants vith real eoteto events no ajsprorsd by tbs Executive Cora.vtteo on April 1. ilia exclusive real ootate agency sgroeaent for the itorvalh property expired on October 2. 2fcie property is presently being offered for calo through ft nen~exclusive broker.
3 Proposed flalo of Elehurgti, long Poland Property (3) - No reasonable offers of iwcHbolt'or this plant' rave boon reived os a result of thq l$iy IT author!* tation for sale of the property. Sfco exclusive broJujr*e egrecaont vith the C. Croat Keck Organisation has been torainatod effective November 27.
Soutbom Chemical Division
1 Crootvood Street relocation {k) * The Southern Chanical Division'* negotiations vith tm City of Jnclsonvllio for the relocation of Crestawod Street ore ponding, end, at tbo present tixsa, tha City htuj indicated that the total cost of this project will substantially exceed the earn of $12,500 as authorised by tho Directors on April 19.
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(The figure in parentheses le nueber of consecutive Months itea has been pending#)
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