Document vMeNrJrBbyg7n3N4Rwnb8wxm

c,Ty subj ect Cleveland, Ohio Jamary 1959 d *t ro* Mutter* on which Director* and/or Rxecutive Coewltte* fog boon Taken end on which other Aetton 1* Pending Alt Director* ANSWERING UTTER OF HUflT D1VI3I0N w^fua *iMi'mvj * l. Sadollnh Holablartp Ltd. (6) - v* or* atl.ll avetting receipt of executed copit* of t.m"7t cKooTor(onl rtorvlre end Tradcmrk Agreement* approved by (nor Director* July J>9, J?5S. ?. General flnt Cor{oratlon of Canada (6) - fir. Perfmtyer 1 tentatively planning to met with Mr. Ay^*/ ^"nernlTiTprincipal *tockhold*r, during th* firat tv veek* of febn^ry to rm acquisition negotiations. 3- Seklsan Kako Kalaha, Ltd. (5) - Thor* have b**n no development* In thl* wetter *ine* Mr. Tlakemura* letter l*t. fieptewlber reqneattng time to atvdy tb* proroaed Technological Bervle* wo* Trademark Agreement* approved by ir Director* August 2i>, J95h. It i* anticipated that thl* wetter will b* dl*cu**ed during Mr. BokMMr*'* forthcoming vi*ft to thl* country In connection with renewal of lihihsra'a TJOp contract. Finske Pong och Frnla*f*brlK (]/>) - V* nr* *tI11 evntttng receipt of executed copTci of tKe TnS>r*trrni''poiivt Mean** Agreement approved by our Directors .^ptcmbcr gl*, 19T>7. foufil**,Faint Company (Vancouver) (J?) Kpoti*tion* for th* *eqrii*itioti of th* stock~or VST* oi Xbj* corporation, a* authort**d by tb* Director* Wov**b*r B}, 195P'> *r awaiting development* with remoeet to tb* Oeneral Paint Corporation of CIlKMlCAL8-F10Mm;l-MgnAL3 DIVISION l. SonmtonJPlant (7) Attorney* for Mr. Oeorg* Ivor, th* Trustee appointed by Judge ^Ickiii arTInvest I gating pc*lMlitle* for rehabilitating Dumont-Airplane A Marine Iretrument*, Inc. At *ueh time an a decision la wade aa to whether thl* corpora tion should he rehabilitated or liquidated, v* vart to investigate the possibility of working out an agreement with th* Trustee which, it approved by th* court, will remit, u* to secure title to th* property covered by our mortgage at a price comcoorjrst* with it* fair market value and establish a claim a* a general creditor for th* balance of tb* Indebted*** due u*. .f .o..o..d....d...i.v..i.s io n 1. Propped .3*1* of Wonralk Plant (19) - Pfforts to find a purchaser for this property arm contfruing. AlthoiTph it appear* that tv pro*p*ots are considering buying th* plant, there 1* to Mr. Dutton1* knowledge no active Interest on th* part of any pur chaser . GLD009967 Fending Mutter* 2 January 26, 1959 2. Frapascd Ao^ulaltlon of Property In Louisville (5) - An effort la being made to e-cure option* or* v*r1pu# propertie* In i'h# flarfjean Street area on the baala of mppminfwi ra*U retrt* vritioe. if *o ere annce##f>il In obtaining options on properties In this nr#e f*eeB*t>try for varohrM** expansion, a fhrt.her effort will be mod to negotiate the purchase or a tract cvned by the Louisville Textiles Company immediately adjoining our Joulevtl i* plant, rollowing three negotiations, a dfnit propoari wju >y* autmittei to the Executive Ccnmtttee for the puroimee of additional land. o k g a k ic cuhmaL piviaion 1. Proposed Jala of iand to American hotit Cotyvuw (2) - Pr. Ptnllmp baa auhwttted t"o mrienn WorTt C-mpnny tH proro***! n'lfTvorlrod by the Hxeeutlv* Committee Hovwber IP, \9^fi wherohy the "rtmany would aril to American Ifrrit a parcel of it* vininproved land at Jacksonville for $^500, with the right to repurchase at the same pole*. American Ncrft has not. yet received a reply from it# home office in Holland indicating whether or not thi# proposal ia acceptable. RESEARCH DIVIOIOH a1*1 .................. ... aw we mmih 1. Proposed Acquisition of IVpporty for Central Research Imbovatory (l) - W*fp'tiwtJone T" obtain option# on an approViimatej.y 3^*acro tract Tronting on the Ohio Turnpike in Broadview Bright* aa a ait# for a Central Research Laboratory are pending. Rnn s m<h i R. D. HDRHFR (The figure in perenthenr# ia n>imb*r of consecutive month# item ha# been pending.) GLD009968