Document vBeweQ47LrwMng3mRN9wJKnob

Philadelphia, Pa Geteber 1$, 19*5 At a regular nesting of tho Directors of John 9. lewis t Bros. Company, hold this dap at thoir offloo in ths Xidener Building, there wore presents J. V. Oardlnsr, Proaidsat S. F. Beeves, Yloo President A. X. Yllsen, Yloo Prosidont M H. Merritt, Seeretarp L. 9. Beals, Director The nesting was ealled to order bp Mr. J. V. Oardlnsr, who pre sided, and Mr. M. H. Merritt reported the ninnies of the nesting. the ninnies of the nesting of October 1 were read and approved. On notion duly node and seoonded, it was naaninonslp decided to nake application for a 008 in the anonnt of $10,988*00, the east of rebuilding throe neehanieal furnaces in #42 building as a noantlng need against the dap when others nap break down. On notion dnlp node and soconded, it was nnanlnonslp decided to nuke application for a 0*8 in the anonnt of $1,908.00 to cover the cost of installing a bolt eonvapor spaton in oar ell nill press roon which, based on 280 daps a pear operation, would save approxinatslp $12,000.00 a pear. Mr. Oardlnsr presented a revised estimate for the 1948 advertising budget as followsi Paint Materials $6,729.00 Metals $71^.10797.0503 there being no further business, upon notion the nesting adjourned. Morri NL 000040818