Document goEY6zY8OMKVqRN6j7jJewXL

*429. 9th July, 1953. The Manager, Australian Blue Asbestos Ltd*, wrrTssooM gorge. Dear Sir, smmi DEBTORS. (P.535). L. Rlsdon. Ve agree that every effort should be made to collect this debit of 26.18. 6 but without incurring any heavy costs* It would be out of the question to incur the 30 mentioned in your letter. DIRECTORS MATING. Minutes* We enclose herewith copy of Minutes of Directors Meeting held on 7th July, 1953. CAPITAL. It will be seen from the Minutes attached to this letter that a call of 1/5 per share on the 1,000,000 3hares (70,832. S. o) has now been made* The C,S.R*Co* have K advised their Perth office that out of this call you will o pay the amount of over 30,000 now owing to them, by an exchange of cheques, and you will draw the balance only as w and when required. S. Tou will understand that thd present position has g: been brought about mainly by us being unable to obtain shipping 2 opportunities for the !!o*3 grade fibre outstanding against , Johns Manville^ order, and as far as we can see it will not be until Seotember that shipment of this fibre can be commenced. < The C.S.R.Co. has this day written to Johns Manville setting out the position and we attach copy oX` this letter* We also attach copy of list showing present position in regard to orders held and to be delivered* It is an urgent matter that the strictest economy be exercised during this period as we want to avoid, if possible calling up additional- capital* ENCLOSURES. Copy of Minutes of Directors Meeting. Copy of letter from C*S.R*Co* to Johns Manville List showing orders etc* for Blue Asbestos Fibre. C 1782 p ro tta* to r