Tobacco Documents Online

March 17 th, 19 20 . A regular meeting of the Board of' Directors of P.Lorillard Company, was held this day at the office of, the Company,, 119 West 40th Street,, New York City, New York. There were present Messrs: T. R. D. H. G. W. J. K. Hi. H. Mi. B. Maloney Smith Ball Harriss Williams Rhett On motion of' Mr. Smith, seconde& by Mr. Ball,, the read- ing of the minutes of the previous meeting of the Board of Directors wras dispensec3 with. On motion of Mr. Ball, seconded by Mr. Williams, it was RESOLVED,: That the action of the Treasurer of the Company, in borrowing for and on behalf of the Company, on March 15th, -1920, the sum of' Two Million Dollars (12,000,000.00), from the National Bank of Commerce in New York, payable in fonr months, with interest at the rate of six per cent. per annumi, be, and it hereby isi, in all respects approved, ratif'ied~ and confirmedl. On motion of' r.ir. Williams, seconded by Mr. Smith, it was RESOLVED: That the action of the Treasurer of the Company,, in borrowing for and on behalf'of the Company, as of Marchil8th, 1920, the sum of One Million Dollars ($1,000,000.00 )', f7rom the National City Bank ofNew York, payable in four months, with interest at the rate of six per cent. per annum, be, and it hereby is, in all respects approved, ratifiedand confirmed. On motion of Mr. Ball, seconded by Mr. Smith, the action of the--Ciga-r & Little Cigar Department of the Company, with the approval of Mr. G. H. Hummell, Vice-President, in employing Mr. E. S. Maguire, as salesman, at a salary of $25.00 per week, effective March 3rd, 1920, was in all respects approved, ratified and'coh- f irmed. On motion of Mr. Harriss, seconded by Mr. Williams,, the action of the Cigarette Department of the C'ompany, with the approval of Mr. D. H. Ball,, Vice-President, and the Sales Committee, in in- t38.1-10783

creasing the salary of Mr. S. Weiss, salesman, from #28,00' to $37.50 per week, effectitie Marcr 8th, 1920, was in all respects approved;, ratified andi confirmed. On motion of Mr. Harriss, seconded by Mr. Williar:ts, the action of' the proper officers of the C'ompany, in increasing the salaries o F salesmen in mr. H. Loewenstein''s Department, as shown below, was in all respects approved, ratified and confirmed: Mr. B.F'.Davis, from $25.001 to $27.50 per week, eff.3/15 20 '" J.G. Rose, 91 25.00: " 27'.50ni Mi r 3/12G ''' B.F.Brugezmani "' 25.00 'r 27.501 "' rr. n 3/g/2d, " , H .Ii. Weaver , " 22.50 r" 25.00 "' rr rr 3/15/20' ," W.L.Carter, "' 22.50 " 25.00 ro 11, ir 3/15~20 "' A.E.HickeT, '" 25.00 'r ri 27.50, n n 3/10 'r F W Fre imuth " 50 27 'r 30 00 Pr 3/15 2'0 rr . . ,, J.S.Blair,, " . 25.00 n . 27,.r,~Q, n n r, 3/Y 20 n E.R.Adams, 'r 22.50, n 2'5.00 n 3f l/20 Rals On motion~ o~f' Mr. Harris~s~,, seconded by Mr. Smith, it RESOLVED: That the action of the proper officersiof the Company in authorizing advertising; expenditures, as shown bie]~;ow,, be, and it hereby is, approved, ratified and conf3.rmed: March lst, 19z0, Contracts with Harry M. Stevens, for adver- tising "'NdURIEL'r Cigars in the Official S!core! Cards of' the various Baseball Clubs, as shown below, at a cost of 0200.00 each, for the base- ball season 1920: New York National "' "' "' Polo Grounds. Boston American League " "' Fenway Park Marchilst, 1920, Contracts with Harry M. Stevens, for leasing to, this Company certain advertising spaces, as shown below, for a period of one year xfroiri April lst, 1920: Boston National League Baseball Club,, Braves Field American League Baseball Club of New York Brooklyn National League Baseball Club, Ebbets Field Boston American League Baseball Park in Boston, Mass., k;n~oevn~ a~s~ F~enway~ Park, at, a~ cost of' $50a1.00~. Brooklyn Natl.Le~ague~ Baseball Pa~r~k,, at a cost of~ $400:.~00~.~ se,A1,0l84

New; York National League Baseball Park (Polo Grounds ),, att a cost oE$1200« 00 forthe~ Ins'i'deS!pac~e and $25~0.00~ for the outsidespace, Boston National League Baseball Park in Bosto!n, 114ass. ", known as Braves Field, at a cost of $5001.00:. March 1 st & 2nd, Contracts with Harry~ B.~ Stevens, foradver- tising tising "CLIMAXn Plug Tobacco and "BET"MEN, .E,'. ACTB:'' Little Cigars in the score cards of'the various baseball clubs,, for the coming year,, at a cost of $500.00 each for the "BETWEEN THE AC~~TS~"' advrertisernent~s, ~ and $~200i.~00~~ each~ fo~r~ the! "CLIMAX" advertisements : New, York American League Baseball Club Boston National League Baseball C'lub Boston American League Baseball Club Brooklyn National League Baseball Club New York National League Baseball Club On motion duly made and seconded the meeting was adj;ourned to Friday,, March 19thi, 19120. S'ecretary'..