Tobacco Documents Online

bls:rch 1, 1944 A regular meeting of the Executive Committee of P'. Lor111ard Com:- pany was he:'.&tode.y at the office of' the. Company, 119 West 4Uth Street, Nevr York City. There were present Messrs.: G. H. Hummel H. A. IKent. G'. D. whitefield. W. J. Halley J. S'. Freemani F. Hopewell J. T. Keel H. F. Temple! ToddIWool Mr. Hummel, Chairman, presided, and'the!Secretary acted as Secre- tary 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. Hopewell, secondediby Mr. Keei., it was unanimously RESOLVED: That the increase in salary of James Ra1ph1Cooke, Salesmany from the rate of' $28 per week, to the rate of $30' per week,, effective February 28, 1944, being incident to the terms of salary agreements or to established salary rate schedules covering work assignments and'.in operation of an established plan of salary increases basedi upon merit and/or, length of'service within estabhished rate ranges,,be andithe same hereby is in all respects approved, ratified,an&confirmed.. On:motion of Mr. Keel, seconded by Mr. Freeman, the following adver- tising expenditures were in all respects approved, ratified,,and confirmed: Estimate #178''of J. Wal:ter Thompson Company: dated February'17a,1944 for estimated production charge of'$75 covering, change of'OLD GOLD Cigarettee advertising copy in Metropolitan Opera Program. Estimate #1801of J. Walter Thompson Company dated February 21,,1944 covering an additional 93 theatre weeks l' advertising of OLD GOLD Cigar- ettes in "The Playbilltt,ending July 2, 1944, at a cost of $1,162'.85. The Secretary laide before the meetiing, affidavit of' Mrs. May A. Barber,, of 2363 North Bay Road, Miami Beach, Florida, dated December il, 1943, in connection with the loss of certificate No. J"37749 for twenty- five (25) shares of Common Stock of this Company of the par value of P10 per share,, registered'in her name, also bond dated December 11, 1943,,with the Etna Casualty and Surety Company, aConnecticut Corporation, as Silrety, in an aggregate sum not exceeding,the ma imum for which Surety may lawfu lly obligate itselif' in respect of any single ri:sk, ind'emnifying this' Company, The New York Trust Company, Transfer Agent, andThe National City Bank of New York,, Registrar, against any loss or damage which may result from the issuance to her of' a new or duplicate certificate in p]lace of'the one lost„ and On motion of' M'r., Halley,, seconded by Mr. Whitefield,, it was unanimously s867s3zo

271 7 RESOLVED: That The New York Trust Company be and it is hereby authorized and directed to issue to Mrs. May A. Barber, a new or duplicate certificate for twenty-five (25) shares of'Common Stock of this Company of the par value of $10 per share, in place of the one alleged to have been lost and that The National City Bank of' New York be and it is hereby authorized and directed to register such new or duplicate certificate. On motion duly mad'e and seconded, the meeting adjourned. s8s7s3z1 Secretary