Document xza5zMLw21k4q3jJ1rYjmKyB0
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Philadelphia, Pa* Oetebnr 21, 194*
At a f<sUr Mtii&g of the Dtreetore of loin T* bnii 4 Bros* Bo* Bold this day at their offlees in th* Widens r Building, there wore
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J. * Gardiner, President 8* F. Reeves, ?1 President and Tmiw w A* M* Wilson, Vlea Praaidant
K* B* lirrtiti Seeretary 1* T, Baala, Director
The meeting was aallad to order by Ur* J* W* Gardiner who proaldad, and Hr* M. H* Merritt reported the minutes of the meeting*
The ninutas of the nesting of Gotoher 14 ware read and approved*
Hr* Gardiner reported that as a result of our exhaustive study, and after consultation with Messrs* Bows and Martino, soybeans have
been ordered and will be in our plant In the next few days* We expeot to run for about a weak as a trial*
Mr* Reeves submitted tbs following eonparativs figures for the swath of September 1945 and 1946 and for the firet nine months of 196$ an4 1946, including estimated taxes but without ineluding any pig load
normal etoek adjustment!
September 194$ - Use $1,$87*78 Septsober 1946 ~ loss 13,553.91
9 months 1945 * Profit #70,632*26 9 months 1946 * Profit 21,489*14
Bo pointed out that if, in the ease of our liaeeed oil ousts, the normal stook adjustment was omitted that our figures would show a profit of approximately $30,000*00 before taxes, instead of an approximate lose of 118,000.00,
On motion mado by Hr* t* T, Beale and seconded by Mr* Gardiner, it was unanimously decided to aeoept the alienation of $1,800*00 as suggootod by Hr* Simon, Treasurer of the national load Company, as our eeatribtttioa to the Philadelphia drive of the ourrent Community Chest and 0*5.0* Campaign*
Hr* Wilson submitted the report of deliveries for the week ending Ootobor 18*
There being no further business, upon motion the meeting adjourned*
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