Tobacco Documents Online

71 #456 covering radio advertising of FRIP.HDS Tobacco over Station KSD, St. Louis, Ifo., September 3D through December 27, 1941, at a cost of $2,583.75. The Secretary laid before the meeting lease dated June 16, 1941 from Frances F. Gary, et als, of warehouse located'on Hrearlp Street, Madison, IIisc., as therein described, for one year beginning September 1, 1941, at an annual rental of $2,400,payable monthly in advance; which On motion of Mr. Kent, seconded by Mr. Salley, was in all respects approved, ratified, and confirmed. On motion dinly made and seconded, the meeting adjourned. /'~ /~~ ~~ r/10'a~. ~ `~ v rr.' .- SecretarF

70 August 22, 1941 A regular meeting,of the. Board of Directors of P. Lorillard Company was held today at the office of the Company„ 119' West 40th Street, New York City. There were present Messrs.: G.. D. Whitefield' E. S. Bowling H. A. Kent J. A. Glascock W. J. Halley J. S. Freeman F. Hopewell Buford Scott Todd Wool In the absence of Mr. Hummel, President, Mr. Whitefieldo Executive 9'ice-President, was unanimously chosen to act as Chairman. On motion duly made and seconded, the reading of' the minutes of the previous meeting was dispensed with. On notion of Wr. Biswling, seconded by Mr. Freeman, it wasunaaimously H'BSOLOED: That a dividend of $1.75 per share on the Preferred Stock of this Company be andi it.herebg is deelared pqvable.October 1, 1'941 to stock- holders. of record'at the close of business September 15, 1941. On motion of Mr. Halley,. seconded by Mr. Scott, it was unanimous.7y RESOLVED: That a dividend of 30¢ per share on the outstanding Common Stock of this Company be and it hereby is declared payable October 1, 1941 to stockholders of record.at the close of bnsi'ness September 15, 1941. On motion of' 1r. Halley,, seconded by Mr. Bowling,, it was unani mously RESOLVED: That the Transfer Books of the Registered Seven Per Cent Bonds of this Company shall be closed at three owclock P.H.September 15, 1941, for the payment of interest thereon, due October 1, 1941, andisha]I1 be reopened at ten otcloek A.Y.. October 2, 194l- on motion of Mr. %entr seconded by Nr. Hopewe]l,, the follow3ng,ad.- vertisimg expenditures were in all respects approved, ratified, and confirmedc Estimate #34 ofJ. Walter ThompsonlCompan,y dgted' August 12,, 1941 covering radio advertising, of oT.D GOLD Cigarettes over Station W1SH, Iis iamApo,lis, Ind., August 19 throughNovember 7, 1941,, at a cost of'$1r320. Eatimates of'Lennen dcfYitchell Inc. dated'August 13', 1941, as follows:: Jt,J,b covering radio ad4ertising,of'BIPPLE Tobacco over Station KPRC, Houston, Tesas, September 24 through December 22', 1941, at a cost of'$2,057.25. N447' covering radio advertising, of HIPPLE Tobacco over Station.WSGN, Birmingham, and WSFAy Montgomery, Ala., September 29 through.December 26, 1941, at a cost of $1,314. #448'covering radio advertising of BEECH-NUT and UNION LEADFIi~.Tobaccos over ~ Station gPE, Wichita, Bansas,, September 15 through December 14, 1941, at a ~A cost.of $1,560. N' m #'44%covering radio advertising;of' BEECH-NUT and UNION LFdiDSH'.Tobaccos over CY Station EYA,, Shenandoah, Iowa, September 29 through December 28, 1941, at a ~ cost of S2,323.75.