Tobacco Documents Online

March 371, 1943 A regular meeting ofthe Executive Committee of P. Lorillard Company was held'today at the office ofthe Company, 119'West 40th Street, New York City. There were present Messrs.: G. H. Hummel H. A. Kent G. D. Whitefield E. S. Bowling W. J. Halley J. S. Freeman F. Hopewell H. F. Temple Tod&YYool Mr., Hummel, Chairman, presided, andithe Secretary acted as Secretary ofthe meeting. On motion duly made and seconded!,, the reading of the minutes ofthe previous meetingwas dispensed'with. On motion of Mr. Kent, seconded!by Mr. Hopewell, it was unan imously RE.SOLVED,: That the action of the President and the Treasurer ofthis Company in renewing on March 29', 1943, on behalf of this Company, the loan made September 28, 1942, from the State PLanters Bank and Trust Company, R:ichmond!, Virginia, in the snua of Five Hundred Thousand Dollars (650C,000, and in executing and delivering in the name of this Company its promissory note evidencing, said debt, bearing date of March 29, 1943, and payable at said bank ninety (90),days from said date, with interest at the rate of 1~1% per annum from said date, be and'the same hereby is in all respects approved, ratified, and confirmed. On motion of Mr. Freeman,, seconded' by Mr. Bowling, it was unanimously RESOLVED: That the action of'the President and the Treasurer of this Company in renewing on March 29„ 1943, on behalfof this Company, the loan made September 28, 1942, from the First & Merchants National Bank, Ri'chmond,, Virginia, in the sum of Five Hundred Thousand Ilo]ilars ($500,000), and in executing and d'elivreri'.ng in the name of this Company its promissory note evidencing said debt, bearingdete ofMarch 29, 1943, and payable at said bank ninety (90) days from said' date,, with interest at the rate of' 12% per annum from said date, be andthe same hereby is in all respects approved, ratified, and confirmed. On motion of Mr. Hal]:ey,, seconded' by Mr. Kent, it was unanimously RESOLVED: That the employment ofMiss Mildred Thornton in the Secretary's Dept., at a salary at the rate of$35 per week, effective March 22, 1943, be and the same hereby is in all respects approved, rati- fied, and confirmed. On motion of Mr. Bowling, seconded' by Mr. Hopewell, it was unani.:mouslyr RESOLVED: That the following employments ofsa7lesmen, as listed below, with the authorization of the Sales Dept. and the approQal of G.D. Whitefield, Executive Vice-President and W.J. Halley,, Vice-President, be and the same hereby are in all respects approved, ratified, and confirmed: 68676215

At the rate of: Effective: Olen Walter Rogers $25 per week 3/29/43' Robert Howard Burdeshaw 25,11 1 't James Joseph Rizzardi 2511 William Gordon , VY'hitley 25' " m m n n n On~ moti=of' Mr. Halley, seconded by Mr. Hopewell, it was unanimously RESOLVED: That the following increases in salary of'salesmen, being,incident to the terms of'wage agreements or to established wage rate schedules covering work assigmments and in operation of an established plan of wage increases basedd upon length of'servicey be and the same hereby are in all respects approved, rati- fied,, andi confirmed: From the rate of': To the rate of: Effective: Tandy Rioy Gosney $25 per week $28 per week 4/5/43 Lemon Thomas Hagan 25 " n 28 n n n On motion of N[r. Freeman, seconded by Mr. Hopewell, It was unanimously RESOLVED: That the following,increases in salary, due tolpromotions,, be and the same hereby are iniall respects approved, ratified, and confirmed: From the rate of: To the rate of: Effective: Sales Ledger Dept. Mrs. E. Gallagher $28'per week $3a'per week 3/29/43 S. Sperry /,.0 " "' 431 n " n On motion of Mr. Halley,, seconded'by Mr. Temple, it was unanimously RESOLVED: That the fola.owing increases in salary, each effective March 29,, 1943, by reason of additional responsibilities pla.ce&upon these employees, said increases being,in accordance with salary rate schedule inieffect on and prior to October 3, 1942 and being ipdividtxa]i merit increases within established salary rate ranges, be and the same hereby are in all respects approved, ratified, and con- firmed: P D From the rate of : To the rate of: urchasing ept. Mrs. Anna Landy $29 per week $32'per week "' L. Suhre 29 n n 401 "' " " A. Pallas 27 n " 30! " " Ki:ss Frances Valentine 21n1 n 30n n Sales Ledger Dept. Ft.. Bonnier 35 "' rr. 37'.50 per week H. Hertling 3g', n' n 40 per week. Social Security Dept.. F. Caldararo 37' " n 42n n Salesmen's Dept. Miss K. DeHeck 22 " n 25 , n n " A. Keating 23 " " 25 n " Kentucky Leaf Dept. Mrs. Evelyn C. Lantz 22 n m 25 n' m an . Louisville Branch, William A. Schlenk_: 2$ " n (la~ 30 n n Oti Mary L. Sipes 26 "' n 28', n' ~ Betty Jl. Li.ndeman 22' " n 24 n " ~. Ann V.W. Everson 24 " " 26 " Qyd' Goid!Branch.- Edrrard' .T. No,ricki 22' " n 24 " "

On motion of Mr. Halley, seconded by Mr. Bowling, the following adver- tising expenditures were in all respects approved, ratified, and confirmed: Contract dated March 18, 1943 for a page advertisement of Company aroducts in~ program published and' for tickets in connection with the 15th Annual Smoker on April 29', 1943, of the Chicago Cigar, Tobacco & Cigarette Sales- men's Union, Chicago, Illinois, at a cost of $125. Contract da:ted March 22, 1943 for a page advertisement of Company products in~ program for the 19th Annual Dinner Dance of the Chicago Association of Tobacco Distributors, Chicago„ Illinois, at a cost of $1,000. Contract dated March 25, 1943 for a page advertisement ofCompany products in souvenir journal for the 7th Annual Banquet omApril 3, 1943 of the Whole- sale Tobacco Distributors ofNew York, Inc.„ Bew~York City, at a cost of $500. Est. #3-A of Lennen & Mitchell Inc. dated March 23, 1943 covering radio ad- vertising of FRIENDS Tobacco over Station WBEN', Buffalo, N.Y., March 29' through June 26, 1943, at a cost of$1,413. Estimates ofJ. Walter Thompson~Company covering advertising of OLD GOLD Cigarettes as follows: #129 Stipp. A dated March 15, 1943 over Columbia Broadcasting System in Water- town, N.Y.,March 17 through December 29, 1943 y at a cost of $2, 034•90 . #34]l dated' 1larch 16, 1943 for one insertion in the April 1943 issue of the Grocer''s Digest, at a cost of $384.35. #132' Snpp. A dated March 18„ 1943 covering advertising and merchandising ac- tivity ofthe Booker T. Washington Sales Agency, Tuskegee, Ala., April 5 through June 27, 1943, at a cost of $1,495. #137 dated'March 17, 1943 over foreign radio stations therein set out, for a period of thirteen weeks, at a cost of $9,664.66. The Secretary laid before the meeting the following: Agreement with Tide Water Associated Oil Company dated March 19, 1943, for purchase of lubricating oils and greases as therein set out, for a period twelve months from February 15, 1943, under terms and conditions fully set out therein; Agreement with Standard Oil Company (of Kentucky) for the purchase oflubri- cating oils and greases for use at the Louisville, Ky. plant of the Company, for one year from March 15, 1943, and from year to year thereafter unless 30-days written notice of intention to cancel is given by either party to the other prior to any termination date; each of which~ On~ motion of Mr. Freeman, seconded by llfr. Hopewell, was in all re- spects approvred, ratified, and' confirmed. ftmotion duly made and seconded, the meeting,adjourned. ~ Secretary 68G'7621ra'