Document g8kvJQZeERxRoXY0NNX3eJde

Philadelphia, Pa. April 15. 1940. At ft rsgalar mooting of lk Dlrootoro of fobs f. Loots a Bros* co. bold this tap latheir offloos la tho Vldoaor palIdlag, thoro wore present: *tar* F* Bools, Chairman of tho Board 1. W gardinar, Frostdoat 6. Froaoh Bo o t s *, Flos Brosidoat Morris a* Merritt, sooratory Leonard T. Beals, Dlrootor Tho mooting was oftllod to ordor bjr Mr. Bdward F. Boalo, oho prosldod, sad Mr. Morris K. Moraltt roportod tho aiaotos of tho root lag. Tho alaatoo of tho aootlag hold April 8 ooro rood sad spprorod, Mr. cardiaor roportod that Mr. Harold Sows Is bo o hook la Boo Tork oa a part tlao hast a. Mr. Boos has asked Mr. cardiaor to attoad tho Ifatloaal Sales stoerlag Commlftoo mooting olth Mr. Trigg la fashiagtoa tomorrow,: a'MM. Oardimer Is planplng to attoad. Mr. Hoars* roportod tho folloolag comparative figures for the first throe aienths of this year, without laeludiag say Boo Tork overhead: 1940 - Front 9824.59 1919 - Profit 822,948.07 l*ftths loss 522,294.82 Profit 1*7,830.55 Tho regular Meekly report of shlpmoats was submitted. A request from the Philadelphia Chamber of oeameroe oas road aekiag us to osatiaue our yearly subssrlptlea to their Sustalaiag Fuad, whieh wo hftTo doao far tho phot throe years. After semo dlsousslea it oas doeldod to ooatlauo our subseriptioa of 950.CC per year for mo year oaly. There bolag no further business, apea motion the mooting adjourned Secretary N 27188