Document nN57wbOxqNkO4o2pYBKx2g3Gz

Chicago, 111 BOARD OF DIRECTORS MEETING April 24, 1957 A meeting of the Board of Directors of the Lead Industries Association was held on Wednesday, April 24, 1957, at The Drake Hotel, Chicago, 111, PRESENT REPRESENTING Andrew Fletcher, Chairman K. C, Brownell J. D. Bradley H. L. Day M, M. Zoller K. W. Green J. A. Costello Win. Wilke, III Clarence Glass Clark L. Wilson F. S. Mulock Reuben Viener St. Joseph Lead Co. American Smelting & Refining Co. The Bunker Hill Co. Day Mines, Inc. The Eagle-Picher Co. Electric Storage Battery Co. Ethyl Corp. Hammond Lead Products, Inc. International Smelting & Refining Co. (Anaconda Sales Co., Agents) New Park Mining Co. United States Smelting Refining & Mining Co. Hyman Viener & Sons OTHERS S. D. Strauss C. R. Ince American Smelting & Refining Co. St. Joseph Lead Co. Robert L. Ziegfeld, Secretary-Treasurer The meeting was called to order at 4:30 P.M., with Mr. Fletcher in the chair. The chairman asked for nominations for the chairmanship of the Board of Directors for the ensuing year. Mr. Fletcher was renominated and elected chairman. The minutes of the previous meeting of December 3, 1956, were approved. REPORT OF THE TREASURER The president and treasurer recommended that inasmuch as the balance in the Association1s checking account was higher than necessary for the ordinary conduct of its business, an additional $35,000 be placed in savings accounts, $20,000 of this being taken from the Ordinary Fund and $15,000 from the Health and Safety Fund. ' The Board approved the reconmendation. LlACOtO1? ELECTION OF OFFICERS The chairman stated that it was in order to elect officers of the Associ ation, whereupon the following were nominated, seconded and unanimously elected: N 3434 Board of Directors Meeting Minutes 2- - April 24, 1957 ELECTION OF EXECUTIVE COMMITTEE The following were appointed an Executive Committee for the ensuing year, with Mr. Fletcher being designated as Chairman: Andrew Fletcher, Chairman J. D. Bradley K. C. Brownell J. A. Costello J* A. Martino F. S. Mulock ELECTION PROCEDURES The Board discussed the advisability of providing for a periodic ro tation of officers and directors and a nominating committee in the By-Laws of the Association. It was decided to appoint a committee to study the By-Laws and make suggestions for election procedures, the committee to report to the directors in time so that any recommended amendments, if adopted, could be effective next year. The committee appointed was: J.A.Costello, Chairman J.D. Bradley F.S. Mulock MEMBERSHIP Formal approval of the letter ballots on the applications for membership of the following new members was given: Lucky Friday Silver-Lead Mines Co. John A. Roebling's Sons Corp. SURVEY OF INDUSTRY TECHNICAL ACTIVITIES - - The Board received a recommendation from the Industry Development Committee that an appropriation of *20,000 be approved for a six month's technical survey of the industry, to be made either by Battelle Memorial Institute or Arthur. D. Little, Inc., the final decision of which should make the survey to be left to the Industry Development Committee after consulting in more detail with the Technical Steering Committee which had originated the recommendation and favored the Battelle Memorial Institute proposal. It was explained that insufficient time had elapsed between the meeting of the Technical Steering Committee and the Industry Development Committee for the latter to make an intelligent de cision between the two proposals. The recommendation was accepted. LOCATION OF 1959 ANNUAL MEETING The secretary reported that he had an 'option on the dates of April 22-24, 1959, with The Drake Hotel, Chicago, for the joint annual meetings of Lead Industries Association - American Zinc Institute. He also pointed out that a number of members had raised the question with him of again having the annual meeting at some such location as White Sulphur Springs, W. Va. The Board generally agreed that it wanted to continue to have the annual meetings jointly with the American Zinc Institute, that it did not wish to go to St. I/ouis for this meeting every other year, but that it was willing to go to White Sulphur Springs or some similar location, if the A.Z.I. would do LIA0061Q