Tobacco Documents Online

130 ~ovember 4,, 194-2 A regular meeting of tiie Executive Committee of P. Lorillard Com- pany was held today at the office of the Company,, 119' rlest 40th Street, New York City. There were present iiessrs.: i:. H. :iommel ii'. G. W. Ji. Ji. F. Lf. J'. S. J. Vent i~hitefield Halley Freemani Driscoll F. T. riopewell L. Perkins,, Asst. Secty. On motion duly made and seconded,, the reading of the minutes of the previous meetinb,was dispensed with.. Unimotion of" iiir. F'reeman,, seconded by Mr. Driscoll, it was unanimously RESOLVED: That the action off the President andithe T=easurer of this Company in borrowing, on hovember 4, 1942, on behalf of this Company from The New Y1ork Trust Company, 100 Broadway, i3ew,York City, the sum of' One Million Dollars ($1, OCO, 000)and in executing and delivering, inithee name of this Company its promissory note evidencing said' dobt, bearing, said date and payable at said bank ninety (yU)ciays from said date,, wstMi interest at the rate of Y~~ per annum from said dzte,, be andithe samee hereby is iniall respects approved,, ratii ied,, and1confirmed. Jn motion of wir. Halley, seconded by Mr. Hopetivell,, it was& unanimously RESOLVED: That the employment of Joseph Anthony Rathgeb as warehouse clerk at a salary at the rate of $20 per week, effective. November 2, 1942, be and the same hereby is in all respects approved„ ratified',, and' confirmed. On motion of tdr. Hopewell, seconded by Mr. 'rihitefield,; it was unanimously From the rate of: To the rate of: Effective:. rilliam Ansel Henley t20 per week $23 per week 11/9/t,,2 James Ralph Cooke 23' n rr 25 n rr n Walter B. Blankenship 23, " n 25 r~ n n RESOLVED: That the following increases in salary of salesmen,, all of them being,incident to the terms of wage agreements or toIestab- lished wage rate schedules covering work assignments and in operation of an established plan of wage increases based upon length of'service,; bee and'the same hereby are in all respects approved, ratified, and confirmed: On motion of :+6r. Hbpewell, seconded by Mr. Driscoll, the following advertising expenditures were in all respects approved!,, rati- fied, and confirmed: Contract dated October 29', 1942 for a half page OLD GOLD Cigarette ad- vertisement in program published in connection with the Fifth Anniversary Dinner of the Progressive Retail Candy, Cigar & Stationery nlerchents xssn.. Inc., New York City,,, to be held November 4, 197,2,, at aIcost of' *50. s8G761G9,.

? 3i 1 Estimates of J. 'Walter Thompson Company as follo:ws:. ;$2 Supplement h dated October 23, 1942 covering newspaper adverti singof OLD GOLD Cibarettes, October 26 through December 31, 1942, at a cost of ~7,,'74.72. ''qg dated October 29, 1942 coverins raaia suvrertisin,o of OLD GOLD Cigarettes over Station ~iTEAF, iweT lork City, October 26 throush December 3G, 1942, at a cost of t16, 078 . 57 . #f101 dated October 26, 1942 covering radio advertising of OLD GGLD (:iga-rettes over Station KuA, Denver, Colo., November L throuCh December 31, 1942', at acost of S1,467.20. Contracts dated November 2, 1942 covering advertising of Company products in regular issues of the following trade a.nd union publications ciurin;; 1943:- At a cost of: Burley Tobacco Bulletin, Greenville, Tenn. $100.00 Cigar & Tobacco Journal, Minneapolis, Minn. 150«00 Retail '1'oba:cconist, New York City, N.Y. 682.23 Southern Tobacco Journal, ftinston-Salem, K.C. 199.;?2 Tobacco,, New York City, N.Y. 7E0.00' Tobacco Jobber, New York City, N.Y. 264.60 The Tobacco Leaf, New York City, N.Y. 952.00 The Tobacco Record, Saugerties, NI.Y. 520.00 The Tobacco World, ?hiladelphia, Pa. 240.00 U.S. Tobacco Journal.,, New lork City, N.Y. 171:6.00' iVestern Tobacco Journal, Cincinnati, Ohio 225«OC The Tobacco and Candy Retailer, Cleveland, Ohio 180.00 Naborhood Stationer, New York City, N.Y. 260.o0 Tri Boro Bu]letin,, Brooklyn, N.Y. 300.UC' Tobacco Retailer of New Jersey, Jersey City, N.J. 300.C1G The Long, Island Merchandiser, Jamaica, N.y. 200.C0 i:7e Independent Retail Tobacconists Assn. Advr.Serv.Inc.,. New York City, N.Y'. 300«0G The Secretary laid before the meeting contract with Monsanto Chemical Company, St. Louis, Mo.,, dated October 2,,1942.. for requirements of Saccharin Vonsanto Soluble or Insoluble, Jartiuary 2, 1943 to December 31, 1943, under terms and'conditions fully set out therein, which On motion of Mr. rreeman, seconded by fti'ir. ++iiitefield, was in all respects approved, ratif'iedy, and conf.irmed. On motion of' ~ent, seconded by iair. Yr'hitefield,, it was uiianimWusi~y RESUL:urD: That the Company contribute to the 'raar Fund Campaign of the City of' Louisville, Ky.,, the sum of $500. On motion of Mr. Freeman, seconded by Mr. wliitefield, it was unanimously. RRESOLVED: That the Company contribute to the Middletown Civic Associa- tion Inc. of M'iddl.etowrn, Ohio, the sum of $1,000.. On motion duly made and seconded, the meeting adj,ourned to meet Thursday, November 12, 1942, at 11 o? clock A.M. Assistant Secretary 686'761'7p