Tobacco Documents Online

June 30, 19/+3' A regular meeting of the Executive Committee 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. H1. Hummel H'. A. Kent G. D. Whitefield VP. J. Halley J. S. Freeman F. Hopewell L. E. C]iemens, Asst. Secty.. Mr. Hummel, Chairman,,presided and' the: Assistant Secretary acted'as Secre- tary of the meeting. On~motion duly made and seconded, the reading,of the m3uautes of the pre- vious meeting,was dispensed with. On motion of' Mt. Hopevoell, seconded by Mr. Freema.n,,it was unanimously RESOLVED: That theiaction of' the Presiden:t and the Treasurer of'this Company imrenewing,on June 29,,1943, on behalf'of this Company, the loan made March 29', 1943, from the First s.nd Merchants National Bank, Richmond,, p3trgin2ay, in the.sum of'Five Hundred Thousand Dollars ($500,000), and in executing,andideliveri:ng,in the name of this Company its promissory notee evidencing said debt, bearing, date of June 29, 1943',, and pe7sble at said bank ninety (,90) days faom said date, with interest at the rate of 12% per annum from saidIdgtea be:and the same hereby is in all respects approved, ratif'ied, and confirmed. Qai motion, of Mr. Hopewell, seconded by Mr. Preeman, it was unanimously RESOLTIED: That the!action of the President and the Treasurer of this Company ini renewing on June: 29, 1943, 'on behalf of this Company, the loan: made a'larch!29, 191r.3!,. from theSte;te Planters Bank and Trust Company, R3ichmond',, Virginia, in, the sum of' Five Hundred Thousand Dollars ($500;000, and in, executing and deiivering in the name of this Company its promissory note evidencyng, saididebt, bearing, date of June 29, 191+3, and payable at saiid' bank ninety (90) deys. from, said date,, with interest at the rate of 12% ' per annum from said date,, be and the: same hereby is.in a11 respects approved,, rati.fied,land' confirmed. On motion of Mr. Vlfhhitefield, seconded by Mr. Hopewe]1, it was unanimously RESOL4TED:. That the following, employments at the:New York office be and the same hereby are approved, ratified, and confirmed imall respects: At th!e:rate of: Effective: General Books Dept.. Mrs. Josephine Conley $25 per week 6/7/43' Order Dept. Mrs. Annette Uerroll 27'.50 per week 6/14/43 Social Security Dept. Mrs. Eleanor Delgiudice 25 per week ~ 6/15/43 Sales L'edger Dept. ~ Mis s Ethel Schack 25,# 6/11,,//;;3! Earl Hebberd 30 ~ neCn 6/21/4j 4

211 Un motion of Mr. Freeman, seconded by Mr. Hopewell, it was unani-ously R]MLVEDs That the employment of' William Lashin as larehouse Pgcker,, at a salary at the rate of $20 per week, effecti've June 28, 1943, be and the same hereby is.in all respects approved, ratified, and confirmed. On motion of Mr. Hopewell, seconded by Mr. Whitefield, it was unanimous];y RESOLVED: That the following increases in salary due to promotion and by rea- souof additional responsibiLlitie& placed upon theseemployees,, and being iinc3identto the terms of salary agreements or to established salary rate schedules covering work assignments and'in operation of an established plann of' salaryr increases basedl upon length of service within established rate ranges„ be and the same hereby are in all respects approved, ratified, and confirmed: i i i M From the rate of; To the rate of. Effective: D v s on anagers David Matthew Fein $45 per week $50 per week 6/28/43'. Charles Steinberg, (50 n n 65 W n a William Aloysius Jordan 47 n n 52 n n n i Ra.lph Hanks 58 " " 63' "' " "' Asst. Division Mgr. Benjamin Daidbne 33 n n 38 n On motion of'Mr. Halley, seconded by Mr. Hopewell, it was unanimousIly RESOLVED: That the increase in salary of George Rbdmany promoted to gssistant Manager of'the Export Dept., at the New,York Uffice, from!the rate of'$46 per week, to the rate of $50 per week, effective June 28, 1943, be and the same herebry is in all respects approved, ratified,iandiconfirmed. On motion of' Mr. Hopewell, seconded by Mr, lYhitefield, the followiZig, adver- tising expendi'tures were in all respects approved, ratified, and'confirmed; Contract dated June 23', 1943 covering ad'iertising of' Company products ih the Wisconsin Tobacco Reporter, for a period of'one year starting June 5, 1943, at a cost of $100. Estimates of J'. Walter Thompson~ Cbmpany covering advertising of OLD~ GOLD Cigarettes as fo7llowsA. #106 Supplement B dated June 22a 1943 over radi~:o Station WSYR, Syracuse, N'.Y.,, July 5 through December 31,, 1943, at a cost of 46,,886. ' #]13' Supplement B d'ated' June 22, 1943' over the Yankee Network in the New Fngl.and States, July 2 through September 30, 1943', at a cost of $10,943. #111+ Supplement BI deted' June 21, 1943 over radio Station i19TAG~, Wdreester, Mass., July 2' througln~ September 30, 1943, at a cost of $1,607.97. #117' Supp3ement B' dated June 16, 1943 over radio Station K0A, Denver,, Colo., July through September 301 1943, at a cost of $2,,047.50. 2. #115 Supplement B dated June 16y 1943 over radio Station WZSi, Indianapolis, Ind., July 2 through December 31:, 1943, at a cost of $5,887.50. #116 Supplement B dated June 16, 1g43' over radio Stati'on YFCI, Pawtucket, R'.I., July 2 through December 31, 1943, at a cost of $1,256. 68676255 #112 Supplement B dated June 23, 1943 over radio Station WWJ', Detroit, Mich., July 2 through September 29, 1943', at a cost of 41,345•50.

#127 Supplement B' dated June 23, 1943' over radilo Station WPEN, Philadelphia, Pa.,, July 5 through December 31, 1943, at a cost of $3,208.5C1. #111 Supplement A dated June 23.. 1943' over radio Statiion KFI,, Los Angeles, Caliif .,, July 4 through October 1„ 1943, at a cost of Vy 5gS'. #125 SupplemetF dated June 23', 1943 over the radio in C'leveland!, Colwmbns, Steubenville and!y'oungstown, Ohiio, July 1 through September 30, 1943, at a cost of $1,725. #126 Supplement A dated June 18', 1i943 in magazines during June, July and Au~gnst,, ]1943!, ata, cost of $17,133.f59!. The gssistaat Secretary laid before the meeting,lease dated June 5,, 191+3, from Frances F. Gaay, et als, of warehouse located on Brearly Street, Madison,, Wiise.,, as therein described, for one year beginning September 1, 191«3, at an annual rental of' $2,400, payable monthly in advance; which On motion of' Mr. Halley, seconded by Mr. Hopewell, was in all re- spects approved, ratified, and confirmed. On motion du]:F made and seconded, the meeting, adjourned. vry Assistant Secretary