Document zdKZ7j4XMvB5jBVNrK5MQwqYg
of National Lead Company held at No. Ill Broadway, New ^-ork City, on Thursday, October 23, 1930, at
10 oTclock A, a,
Present: Messrs. Beale, Beschorman, Brodrick, Carter, Cornish,
Field, McCarty, Rockwell, Sidfora, Taylor and Thompson.
Absent: Messrs. Carpenter, Caselton, Croft and Lorsey.
Present by invitation: Messrs. Greene and Merrick.
The minutes of the regular meeting held September 18, 1930,
were read and duly approved.
On separate motions the following resolutions were each
unanimously adopted, the roll being called where the expenditure
of money was involved.
RESOLVED, that the following actions of the
Executive Committee be and they hereby are approved.
Approving ex
penditure of
$ 1,040.65 by National Lead Company of
California, in addition to turn-in
allowance on old car replaced, for
the purchase of a Buick sedan for
San Francisco salesman.
do $ 608.50 by National Lead Company of California for the purchase of a Ford coupe for Los Angeles salesman.
Appropriating
800.00 for the purchase of two used Gordon automatic presses for Carter printing plant, Viest Pullman.
do $ 1,268.00 for repairs to armature of sheet lead mill motor at Maurer Plant, Blue Lead Department, Atlantic Branch.
do $ 662.00 for purchase and installation of equipment to change control of elevator at Steel Package Biant, St. Louis Branch, from hand cable control to hold-on push button control.
do $ 630.00 for the purchase of a Cnevrolet
coupe Tor Texas salesman, St. nouis Branch.
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2SS
RESOLVED, that the action of the officers of the
Company in consummating negotiations for the purchase by
the Company of 50,000
Preference Shares and 50,000
Ordinary Ehares of imperial Smelting Corporation, Ltd., of
London, England, at the price of 1 each for said Preference
Shares and 0.14.5 each for said Ordinary Snares, be and it
hereby is and said purchase is approved, ratified and confirmed.
rtDSULVEDj that the sum of $718,000., -including the $156,000. appropriated for the purpose at the *July meeting of this Board, be and it hereby is appropriated for advertising during the year 1931, substantially in accordance with schedule submitted by the Advertising Department and approved by the Advertising Committee.
On motion the meeting then adjourned.
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