Document vV5aNOkLraDEbGKXn0d8BRMaR

July 24, 1939 At a regular seating of tie Bireeters of Mb T. Lawia A Broa. Co. H014 this day in their offieea in the lidener Building, there were present: S. French Beeves, Flee President and Treasurer J. W. Cardiner, Vies President Ko*fri. S. Merritt, secretary Leonard t* Beala, Director the meeting was sailed to order by Mr. Leonard f. Boala, who presided in the ebeenoe of Mr. Bdward F. Soelo, and Mr. Morrio H. Morritt roportad the minutes of tho Booting. Mr. Beeves reported tho following profits for tho month of June, 1939 and far tho first six months of 1939 as eeaparod with similar period# in 1958s Itff 1938 Proffl'^f>B 931.12 lk 7,416.14 Profit #i?i*269.42 Less 12,489.39 All of tiio' aboro figures are before dodnotlag tho Sow Fork overhead. la aseerdamee with tho nasmBiatieB ooatalaod in tho survej made by Messrs. Wildnor and 1. F. Boala, 3rd, and aetiag upon tho recommendations of tho Louie Henufestaring Committee with the epprevel of Mr. Beeves, it wee decided to apply for an expenditure of #1806.00 to sower changea in thte manufacturing procedure in our Colers-ie-oil Department, a regular application will be sent to the national Lead Company Manufacturing Committee for their approval. Mr. Beeves reported that Messrs. Stewart and Beiehhard would probably be over here this week in order to discuss tho troubles that wo hove boon experiencing in the early flattening of our white-load. Ifr. Gardiner submitted his weekly report of shipments. Mr. Gardiner reported that every day wo find concerns who are pushing past* paint instead of white-lead and that for this reason it seems very Important to push the revision in our white-lead agency plan. The following overdo in our white-lead sales contest, as established, at our M restore* Meeting of January 36, 1939 for period ending Juno 3* 1939,\ wore approvedt \ 6. Jkm Saltens* a 1. X* Sehroyer a. St saylor a. 'Hayes c. M. west A. F. Cu b s 6. a. Faekeen f. B Lenghursl #166.90 ) 160.69 J 106.66 ) plus 2 astro weeks vacation ICG.00 ) 166.66 ) 56.66 ) 50.60 5 plus 1 extra weak vaeation 50.00 \ The sales department believe thet this has been a very beneficial stimulus. mere being no further business upon tlen the meeting adjourned ML 000041195 Secretary,