Tobacco Documents Online

. 42 y - Ob: motion of Mr. Smith, seconded by Mr. Bal:l,: it wa;s, .•"' RLSO V3>D: That the action of ' the proper officers of' the Company in authorizing advertising expenditures, as shown be- low, be, qLnd it hereby is, aprroved, ratified~ and con£irr4;ed: 88110''i''98 A regular meeting of the Board of Directors of' Lorillard Company,was held this davat the office of the. CoApany, 119 We;st, 40t:: Street, New Yoric City, New York. There were present M!essrs: T. J. Maloney R V Smith T7. C. ~~~., '~.'l~i.,lSiams, ~. 11e.tt~ ~. B:. L1 D. H. Ball i I3,.~ L.~ B~elt. On motion o£' Mr. Ball, seconded by Mr. nfilliams,, the reading of' the:mi-nutes of the previous meeting of the:Board of Directors was dispensed with. The Secretary laid before the Board the following pro- posed contract: Contract dated MarcY: 17th, 1920, with The Frohman Chem- ical Company, of Sandusky, Ohio, for furni'srii'nggSilicateofSoda~. On motion of Ur. Smith, seconded by Mr. Bali, the said contract was approved,, and its execution in the nEtme of the Gompany duly authorized. tract: The Secretary laid before the Board the following; con- Contract da:ted: March 26th, 1920, with Tobacco By- .Froducts and: Chemical C!orporation, Louisville, Kentucky, for furnishing Seed Tobacco Stems, during a period of three years commencing April lst, 1920, and ending April 1st, 192;3., On motionof ' Mr. Belt, seconded by Mr. Smith, the execution of the said contract in the name of the Company and on-i;ts behal'f' and under its corporate seal,,, was in. a7.1l respects approvred, ratified and confirmed. i .

4'3' Contract with North American Service C'ompany, of Chicago, Tllinois,, for placing 20 bulletins carrying the advertisement of this Company, at a cost of $60.00. Mardh 20th, 1920, Contract with The Roebling Advertising Corpora- tion, for advertising in onP-ha.lf the run of the Suburban 7_one of the F.rie Rai'.lroad,, for a tern of' sixty (60') months, comnencing Septenber lst, 1920,, at a cost of $300.0'0 per month. On motion of Mr~~.~ 1'r:i'lliams~, seconded by Mr. Be~~lt~,, the~ action of the proper, officers of' the Company in employing Mr. Frank Braun, Standard C'iigarette Machine Operator at the Lorillard Branch at a salary of ..4215.00 per wee1,, effective March z4'thi,, 1920, , vwas in all respects approvedl,, ratified and confirmed. On motion of Mr. Smith, seconded by Mr. <<'illiams, the action of the proper of'ficers of' the C omVany, in ernploying the following sailesmen in I:fr. Fi. Loewenstein s Departnent,, as shownn belovr,, was in all respects approved, ratified and confirmed: Mr.M'il'ton Ea1st, at a salary of 027.50 per week, effective 3/15~20 rr J. S. Drak'e ,, 25 . C10' of n tr 2/19/20 rr: C'~. F. B~~all, 'r rr~, It ru 25~.00~ 'r' "~ ''t 2/9~~.'01 it L W. F'atrick, r n u 111 25.,00 n '" '+ 2/g/201 rt G: G+. C'.arlton,, •`' fr ,r +r 25.00 n +r 'r 3/15/20 On motion of Mr. "1i1l1iams, seconded by Mr. Smith, the action of the Co-Cigar & Tobacco Department of the Company,, with the approval of Prir. D. H. Ball, Vice-President, in employing the follow- irtg salesmen, was in all resnects approved', ratified and conf.'irned: Mr. A. N. "lingate, at a sailary of w27.50 per week, effective 3/29/20 '1' J. G. DeLoach,, ' '+ 'r " 25.0'0 r n r 3/15/20 a 0 m On motion of Mr. Smith, seconded by Mr. 'Tilliar;is,, the: tio:n o~f' the~ Cigar~ette~ D'~epartment~ of the~ Gompapy~, with the~ approv~a~l ~ Mr~,;;I)~e~-H~. Ball, Vic~~e-PresIdent~, in emp~loying~ the following~, sa~le~$- ,was in all respects approved, ratified and' confirmed~: Mr. J.Morris Burns, at a• salary r+ ,r ~t rt ' y D eVOung, •: Harr R "' M~..E.~aaillardi rr n of tl $40'.00 per week, effecttve 3/z9/20' n +r #, n 0!0 25. rt rr n IF 50 37' . 68110799 ia•

44 On motion of Mr. Smith, seconded by N4r. "Ii'lliams, the action of the ;'"indow, Display Department, of the Company, with, the approval of Mr. D.H. Ball, Vice-I'resident, and the Sales Committee,, i'n increasing th.e salary of' II A. Peers, from t22.00' to 025.00 per week, effective March 22nd, 1920, was in all resnects aperoved, ratified and confirmed. On motion of Mr. rJlilliams, seconded by t',81r. Smith, the acti'onn of the C'o-C igar & Tobacc o Department of the C'ompan7,*, wi ththe. ap;~roval of Mr. D. H. Ball, Vice-President, and the S'ales Committee, i'n increasing the salary of Mr. F. B. McBride, salesman, from 1~27.00 to ''3'2.00 per week, effective t:rairch 22nd, 19'20', was in all respects approved, ratified and confirmed. On motion of Mr. Belt, seconded by Mr. S'mith, the action of' the Scrap Department of the Company, with the approval of' Iar. D. H., Ball, Vice-President, and the Sales Committee, in increasing the salaries of var-' ous salesnen, as shown below, was in all respects approved,, ratified aind confirmed: Mr. Allen Briggs, from 1w"2a.001 to `27.00 per week,, effective 3/29/`2'0 " L. L. Grotsky, "' 22.00 rf 24.00' '1 it „ 3/29/20 On motion of' Mr.Smith, seconded by Mr. Ball, the action of the proper of'ficers of the Company in increasing the salaries of various employees of' the Company,, effective I1arct-, lst,, 1920, in the case of salaries paid monthly, andl effective riarch, w2hd, 1920, in the case of salaries paid raeekly, was in all respects approvedi, ratified and confirr.ied: Mr. H'.C.B'oykin, at the rate of 614,00'0.00 per annurn, '' Chas. Gildea,, '' " "1 " 000.00' 6' '' „ ' Philip Croxton, " n' 'r , 6,50n.00 n Ir 'M'iss I:I. B. Hill, 28.00 •r1 week ' C. F. Mera, 28. 00, ., ', ~ On motion of Mr. Ball, seconded by h~r., Smith, it was 4 on. RESOLVrDi:Thalt the Federal Trust Company of' Newark, QIlew Jersey, be, and it hereby is, designated as a depository for ~' funds of'P. Lorillard Company, Newark Branch;, and' RF.S'OT,VhD: That all checks drawn against any of' the fiands of the Company, on deposit with the Federal Trust Company of Newark, I'1evrJersey,tothecredit of' P. Lorillard Company,Nevrark Branch, shall bealr the signatures of any two of the following: M

. 45 J. Lang, P;fianaper L.C.Van Horn, C'ashier L . F'.''lleb er On motion of Mr. Bali„ seconded by ?,iir. ~'~m3tr,, it was RESOLVED: That the actiorn of the Treasurer of the C'ompany, in borrowing for and' on behalf of' the Company, on, March ~?9th,, 19.20, the sum of 0'ne! Million Dollars {'t1,000,00n1.,00), from the Bankers Trust Company of New York,, payable in four months,, ttrith interest at the rate of six per cent. per annum, be, and it hereby Is, in all respects approved, ratified and conf'irmed. On motion dti]ly made and seconded' the meeting adjourne.d, to Friday, April 2Mdi, 1920. Secretary.