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July 2E3, 1943 A regular meeting of the Executive Committee of' P. Lorillard Company was held today at the office of the Company, 119' ivest 40th Street, buew york. City. There were present Messrs.: G. H!. HwameZ I3'. A. Kent. G. D:.._ VYhitefield E. S. BowZing, W. J. Halley J. T. Keel Hi. F. Temple. ToddWoo3: Mr. Hiummel,, Chairman, presided and!the Secretary acted as Secretary of the meeting. On motion duly made and seconded, the reading of the minutes of the previous meeting was dispensed with. On motion of Mr. y+hitefield, seconded by Mr. Keel, it was unanimousl,yr RESOLVEDx That the action of'E.S. Bowling,, Vice President, and W.J'. H'alley,, Treasurer, of this Company in renewing =Jwly 26, 1943',, on be- half of this Company, the loan made April 26, 1943', from the Citizens Union National Bank, Louisville, Kentucky, in the sum of Four Hundred Thousand Dollars ($400,000),, and in executing and delivering,inIthe name of'th2s Com- par~y its promissory note evidencing said debt, bearing date of July 26, 1943, and payable at said bank ninety-one (91)' days from saidId'ate, ivithlinterestt at the rate of 12$ per annum from said date, be and the same hereby is in alll respects approved,, ratified,, and confirmed.. On motion of Mr. Halley, secmded by Mr. Temple, it was unanimously RFSO'LVED: That the following employments of salesmen, as listed be- low,,, with the authorization of the Sales Dept. and the approval 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: At the rate of: Effective: Horace Porter Piatt $25 per week 7/19/43 John Alexander Cash 25' n u 7/26/43 Preston Mauldin 25 n n n Reginald James Yhillips 25 ' u n n Robert Mart in Wittig 25 " ui ut bn motion of ~Mt~. Temple,,seconded by~ Mr~~., Whitefield, it~ was: . unaniimouslyy RESOLVED: That the increase in salary of iNillburn Finns Sanders, being incident to the terms of salary agreements or to establi.shedi salary rate schedules covering work assignments and in operation.of'an established plan of salary increases based upon length of service with,in established rate ranges, from the rate of $28 per week, to the rate of $30 per week, effec- tive August 2, 1943, be and the same hereby is in all respects approved, ratified, and confirmed. On motion of' Mr. Halley, seconded by Mr. Whitefield, the following, advertising expenditure was in al]l respects approved, ratified, and confirmed: Contract dated' July 9', 19L;3, for advertisement of' OLD GOLD' Cigarettes in the s8G'7s2s2

2191 Book of the United Palestine Appeal, at a cost of' $1,000'.. On motion duly made and seconded, the meeting adjourned. Secr etary