Document r6BN1zYM93ej6yX9w4Yq2jgB0

Mr. B. *, Merson, Vice President National Lead Company 19th Floor - BUILBI85 Beer Dave? 45X made by Carter, X discussed our first draft of an agreement with Mr. Tipton in Canada on September twentyfourth. The first draft provided not only for the sale of 45X hot also white lead and lead oxides, of (porter menufanfare to be sold by CTP. Mr. Tipton, while ha understood that it was the wish of Carter that CTP should undertake the sale of these latter materials, thought the agreement should be specific to basic sili cate white lead and that when arrangements wore actually made for CTP to undertake the oale a separate agreement could be entered into* Accordingly, we have rewritten the draft so that it relates only to 45X* Mr. Tipton stated that he thought the arrangement for compensation to CTP would be the same as for the sale of stabilisers, namely, that CTP would keep fifty percent of the dif ference between Carter's manufacturing costs and CTP*s selling price, absorbing the cost of sales. We have set this out in Paragraph 4. Mr* Tipton toilsome that It is that you and Mr. Martin will be in Montreal 1 . month, and that at that time the arrangement regarding _ 45X will be discussed and settled. Tbls.dtaffeir there-* " fore, cmn be considered the basis for discussion. He also expect# that the sale of white lead ami lead oxide* ML 000041755 N 27424 s Mr. 9 A. mm@& 2" Stoveaber 1, 1962 of Carter aaasafaettar by CTF will be tak op efc that tine* J@fe Henrich he* veviewedi the attached draft, azwt X weld appreeiat ymmz cwaitt if *?. before sending it on te Tipton, Sincerely, CFKsBAfi Enelsuae ML 000041756