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MEMORANDUM OF AGREEMENT
. November 20, 1936
THE UNDERSIGNED hereby agree to underwrite certain
experiments with asbestos dust to be conducted by Dr. LeRoy
U. Gardner at the Saranac Laboratory, Saranac Lake, New York.
The general nature of these experiments and the
cost thereof were explained at the meeting of certain brake
lining manufacturers held In New York City on November 19,
1936. ,
The purpose of this memorandum Is to confirm the
agreement between the Undersigned to underwrite the- cost
.
of these experiments amounting to $5,000 per year for a period
of three (3) years, or a total of $15,000.
The Undersigned agree to share equally the costs
of said experiments. For example, If ten parties sign this
Agreement, the annual contribution of each will be $500.
It may be more or less, depending on whether the number of
those signing is more or less than ten.
It Is understood that payments to Dr. Gardner will,
for the sake of convenience, be made directly by Johns-l'anvilie
Corporation or by Raybestos-Manhattan, Incorporated, and that
the others of the Undersigned will reimburse Johns-^nville
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Corporation or Raybeatos-Iianhattan, Incorporated for their pro rata share of such payments as made.
America/ brake blq/s corporation . V LloLc7id to' *250/00 per annua)
By // fils? isUx/yxS,' __ m vice president
ASBESTO T MANHFACTURING COMPANY
JOHNS-MANVILLE CORPORATION
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RAYBESfOS-MANHATTAN, INCORPORATED
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uanufacturims company
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THERMO ID RUBBER COMPANY
By
UNION ASBESTOS & RUBBER COMPANY C Lir.ited to ^50.00 per annua. }
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UNITED STATES OTPSUM C0UPA5T to iCSO-tt?Jiy ,nnua^-------------
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SOUTHED ASBESTOS COMPAlii
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