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Mgy 10, 1944, . k regular meet.ing of the Executive Committee of P. Lorillard CoWf,any was held today at the office of the Company, 119'wreWt 40th Street, New York C'i ty . There were present Messrs.: G. H. Hummel H. E. J. A. S. S. Kent Dowling Freeman. F. Hopewell J. T. Keel L. E. Clemens, Asst. Secretary Mr. Hummel, Chairman, presid'ed, and the Assistant SecretL;ry actEO as •%eeretary of the meeting. On moti'on culy made and seconded, the reading of the minutes of' the previous meeting,was dispensed with. On motion of' Mr. Kent, seconded by Mr _ Freeman, it was unanimously i~L"SOLVZD: That Virginia Trust C'ompany,, Rilch.mond, Virginia,, be and itt is hereby designated s:.s a depositary for the funds of the Company. Ff]FtTH:;Ft RESOLVED: That all checks drawn against any of the funds of the Company: on deposit with Virgi!nia Trust Company, Richnond,, V'irgin2a„ to the credit of the Regular Account of the Whitlock Branch of the Company, shall bear the signatures of'any: two of the following: J. A. Ghascock~~. Ji. L. Findl'ay A. B. Seward L. F. Weber On motion of Mr. Keel, seconded by Mr. Hopewell„ it was unanimously nr:SOLVriIi: That the reemployment of James Bernard Carey,, Livision. Manager, at a salary' at the rate of $53 per week, effective May 15y, 1944, with the authorization of the Sales Dept. and the approval of H. A. Kent, President and J. S. Freeman, Vice-President,, be and the same hereby is in all respects approved, ratified,,and, confirmed. On motion of Mr. Dowl'ing, seconded by; Mr. Hopewell, it was unanimously Fcc.SOLVr:L:! That the salary of G. W. Berk].ey: be fixed at the rate of' w9,500'per annum, effective npril 1, 1944, as ap;rovedl by the Salary Stabilization Unit, Bureau of Interna]l ttevenue,, by letter„ dated' Mgy 8,, 1944. On motion of Mr. H'opevrell,, second'ed~ by M'r. I%wling,, it was unanimously RESOLOED: That the increase in salary of Pugene jbbert Head, Salesman,, from the rate of 153 per week,, to the rate of Z55 per Peek,, effective March 6, 1944, with~the approval of the War Labor Board, be and the same hereby is ~n all respects approved,,ratified',, and'conf'irmed'. '' On motion of'Mr. Freeman, seconded by Mr. Hopewell, it was unanimously RESOLVED: That the followi'ng,increases in salary of'salesmen, effective. April 10, 1944,,in accordance with labor agreement between this Company and ss6'7s342

299 tiiholesale Cdndy & Tobacco Salesmen's Union, be and the same hereby are in all respects approved, ratified, and confirmed: •H. Kyle . P. S. Metzger .A. C. Petersen J. J. Walsh A. M': Cusick •L. G. Giordano •F. R. Hawthorne • ~'. A. Solenzio •S. Greisman • ID . Herman •L. Karpelowitz •J. T. Meagher • W'. Monroe •A. J. Braumann • J'. J. Jonata •T. M'. Adamo •A. C. Ca:lilendo •G. Dobrin • S'. M'. Gordon • S'. P. Rtiyne • H. D. `tiosenberg . F. Wayne From the W per 45 " 40 43' 45 45 40 40 50 47 46 43 40 45 51 40 40 45 49' 55 45' 43' n i, 11 rr n re~te of:~ To~ the ~ ra~te~~ of: week $47 per week tt 47 ~, tl1 tf~ 8 42 It t, H 45 n n 47 47 42 42 52 49 48 45 42' 47' 53 42' 42' 47 51 57 47 45 Onmotion of Mr. Hepewell,, seconded by Mr. Bowling, the following advertising expenditures were in all respects approved, ratified, and confirmed: Lstimate #186 of'J. Walter Thompson Company, dated April 28, 1944, covering newspaper advertising of'OLG GOLL Cigarettes, from May 7 through July 1, 1944, at a cost of $359,313.11. F•sti'mate 45'2 of' Loui~s Kram, Inc., dated May 2, 1944,, covering advertising of'OLD GOLD Cigarettes in foreign language newspapers, as therein set out, at a cost of f2l,617.41. Estimate #1 of Lennen & Mitchell, Inc., dated ipril 18, 1944, covering advertising of' BEECH-NUT L~hewing Tobacco in the Spor uing News, as therein set out, at a cost of'$3,08$.50'. The Secretary laid before the meeting affiaavit of Belle Meyers, of' Memphis, Tennessee, dated May 4, 1944, in connection with the loss of certificate No. J-119086 for ten (10) shares of'Common Stock of'this Com- pany of'the par value of'4,10 per share, registered in her name, also bond dated May 4, 1944, wwith the Fidelity and' Leposit Company of Maryland,, a Maryland Corporation, as Surety, in an aggregate sum not exceeding the maximum for which Surety may lawfully obligate itself in respect of any single risk, indemnifying this Company, The New York Trust Company,, Transfer Agent, and The National'City Bank of New York, Registrar,, against any loss or damage which may result fromithe issuance to her of'a new or duplicate certificate in place of the one lost, and On motion of Mr. Kopewel]., seconded' by Mr. Kent, it was unanimously RESOLVED: That The New York Trust Company be and it is hereby authorized and directed to issue to Belle Meyers, a new or duplicate certificate for 686'76393

. 300 ten (1C)', shares of Uoaunon 6tock of this Company of t:ze par value of t10 per share, in place of' the one alleged to have been lost and tn.=,t The National City Bank of New York be and it is herebYauthorized and directed! to register such new or duplicate certificate. On motion duly macie and seconded, the meeting edjourned. Assistant Secretary