^S, JUH LEAD INDUSTRIES ASSOCIATION o NEW YORK 17, H.

r--i p^ p^ i Q=j p^ p^ r=^ p^ p=i NET WORTH 1953--SEVENTY-FOUR MILLION PEjj P^ P^ P^ p=y p=^ p ^ r=> p ^ 4 annual l'C|MM'l FISCAL YEAR ENOEO OCTOBER 31S T, 1953 -^dj f~^dj p^ij| p^f 1946-THIRTY-NINE MILLION p^ p^ r^ r=-r= 1936-TWENTY.EiOHT MILLION P^ P:^ P^ P^l 1926--FIFTEEN MILLION p^ p^ p= pg^i 1917--THREE MILLION T/ie Glidden Company Paints, Varnishes, Lacquers, Durkee Famous Foods, Soybean Products, Livestock and Poultry Feeds, Vegetable Oils, Chemicals, Pigments, Metals, Minerals, Naval Stores Annual Report of The BOARD OF DIRECTORS ADRIAN I).

ANNUAL MEETING OF THE SHAREHOLDERS OF THE GLIDDEN COMPANY, HELD AT THE EUCLID ROOM, STATLER HILTON HOTEL, CLEVELAND, OHIO, ON THURSDAY, DECEMBER 11, 1958.

TUB &.1DDRW OXfPANY 11001 Uadicon Avenue CLEVELAND 2, OHIO SALES A G 8 H C I AORF.

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PRODUCT IDETDLOPfffillT REPORT PAINT, VARiJISK AND UCQ.U3R LABORATORIES JULY 1950 Ue have "been making recent Investigation*?

o LIA19809 Fin 1 - M.sbvre of LI* Fin 5 - Kv*llle Latd Frvluot* Dir LEAD INDUSTRIES ASSOCIATION MCW TOM IT, H.

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AOTBaGWT THIS ADRREMENT made and entered into M of t'nle [Fjl_, 1953, by Md between TKK KiflUS-PICHSB SILKS COMPANT, J of Delaware corporation, with general office* in Cincinnati, Ohio, herein* after referred to as "Sellar," and THE QLIBDEN COMPAMI, an Ohio corporation, with general offices in Cleveland, Ohio, hereinafter referred to a* "Buyer," WTtXGSSSTHi IT IS AQRKED A3 FOLLOWSt Seller agrees to sell and Buyer agrees to buy upon the fallowing terms and conditional 1.

Cleveland l4, Ohio R0T2S FOR AKKUAL MESTCHO DECEMBER 12, 1957 d e c b ms s t December 4, 1957 Acquisitions 5/1/54 Msund City 3/22/55 Zapon Total Paid for Inventory h Receivable* Property <1 Equipment $442,690 116,250 $ 876,712 Total Paid $558,940 $ 876,712 $1,435,652 Sales 12 Mo. 1957 $854,011 $2,017,973 $2,871,984 Ret Profit 1957 $ 84,261 $ 154,439 $ 238,700 Return on Assets 17* Personnel Still With Us 10 33 43 In brief--in 1957 ve earned 17 on $1,435,000 invested in Jfound City and Zapon.

L^2"1 l32 LEAD INDUSTRIES ASSOCIATION 90 CAST 41X9 STRICT j NIW YORK IT, H.

_______ Ju l y 3. 1957, a t 11:00 o 'c l o c k A.