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T OFFIQE'..OF6OMM'ISSIONER OF INTERNAL REVENUE ADmli6SIffiPLIi TQ i HElln, NEW YORK OFFICE 811W1RY,STABLL7LlT1CH UNIT wtm nrrrR ^ro SS'U:Nt!' GF #]ilFi541-116543' 253. BRpADWn'Y lh[EW YORK 7'. Ni Y.. P.,Lorillard Company 119 fiest 40thi Street New York, NewiYork 11 PERSONAL & COI9FIDEIaTIAI. ATT}IiION: bir. H. A. Kent President Dear Sir: Reference is made to your a'ppt'icr;tiion(s)' dated G./9,L4Jrequesti'nf approval of proposed increase In the' compensation of' employees listed' below. Approval as indicated below is granted, effective , ANlrTUAL SAILHY Present Proposed Approved Effective Frank Hopewell $20',700 §22',000 422',000 4/1/45 William d. HaSl:ey 23,000 26,450 25000 4/1/45 I. H. Peak 15,000 16,500 16,500 4/1/45 The evideMce submi'tted does not show that any further'increases are per- missible on the basis of the instant spplieationy under the Act of' October 2',. 1942 4P*b'. L. No. 7291., 77th Congress, 2nd Session}, as a'mended, and the 1*Cuhations promulgated thereunder, as amend'ed.. It is understood that the adjustment(,s)~ approved herein ahall not be usEe as a basis for other vage or sa:lery adjustments, or to increase the level of' production costs appreeiebly or i'urnish'the basis e6.ther to increase prices or to resist o'-l,errise justifiable reductions in~ prices. This ruling is based upon the informA:tion contained in Your ar plication, referred to above. If the information is subsequently found to be' incorrect, this ruling shall have no force or effect. In'the event you desire to protest the ruling of this office, you should submit to this office a z°equest, in triplicate, for review thereof, incorpor- atinp therein any add5'tionall information vou may wish to present, -ithin fifteen days franl the date of this letter, otherwise the cPse will be con- sidered~closid., S]kould you also desire a conference in this office, a re- quest therefor shpuld be made at the time your protest is filed. Py direetipn of' the Coaupissioner, 0F:gJb~ TREASURY DEPARTMENT B'UREi4U! OF INTERNAL REVENUE SALARY' STABIUZATION UNIT Narles A. Drake 1, Head, Nix York Office