Tobacco Documents Online

196 May 5, 1943 A regular meeting of'tne Ex'ecutive Committee of p'., Lorillard'Company was held: today at the office of tne Company, 119 F,`est 40th Street, New York city. There were present ;:esars.: G. H. Hummel H. A. Kent G. D. Whitefield E. S. Bowlins ;+. Ji. Halley J. S. Freeman F . h'ope;vell Todei o1j'ool Mr. Hummell, Chairman, presided'.and tne 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. Hopeweli„ seconded by tlr. Freeman,, it was unanimously RESOLVED: That the action of the president and the Treasurer of t~iris Company inIrenewing onIMay 3, 1943, on behalf'of this Company, the loan made February 2, 1943, from The~New York Trust Company,, 100 Broadway, New York City, in the!sumof'One Million Dollars ($1!,000,,0G0) and in executing and! dielivering'in the name of'this Company its promissory note evidencing said debt, bearfing, date of Mey 3, 1943, and! payable at said bank ninety-two (92) days from said~ date, with interest at the rate of'li , ~% per annum from saidd date, be and the same hereby is in all respects approved, ratified, and confirmed. On motion of' Mr. Hal:ley, seconded by kr. Hopewell, it was unanimously RESOLVED: That the employment of Miss Henrietta Schenck in the Sales Analysis Department at a salary at the rate of 925 per week„ effective April 13, 1943) be and the same hereby is in all respects approvedi, rati- fied,, and confirmed. On motion of Mr. Hopewell, second'edby Mr. Bowling, it was unan'ymously; RESOLVED: That the folloving employments of salesmen, as listed below, with the authorization of the Sales Dept. and the approval of G.D. Whitef:tielal„ Ex'ecutive Vice-President, and.W.J'. Halley„ Vice-President, be and the hereby are in all respects approved, ratified, and confirmed':. At the rate of': Effective: William Ellsworth Lacy 4''25 per week 5/3/43 Foster BreithiMay 25 111 111 n Joel HobertsonlHerndon n 25 "' n Jack Katznelson 25,n u tr William Edward Tierney 2 5', n n tt William Adams Marhetti 25,n n m Vito Antonio Darmento pacicer) ( 27 0. u m, Miss Sonia Homa , 35 t~ t~ ~t On motion of Mr. H'alley,, seconded by Mr. Bowling, same it was unansmously' RESOLVED: That the following increases in salary, due to promotions and by reason of'adclitional responsibilities placed upon these employees, sesrrsz4o

197 said!increases being in accordance with salary rate schedule in effect on or prior to October 3',, 1942'and being individual merit increases within established salary rate ranges, be and t:ie same hereby are in all respects apMroved, ratified, and confirmed: iVe:.v York Office From the rate of: To tne rate of: Effective: G'.H'« Smith - promoted to Auditor $;11,tJG&per annum~ $11,500 per annum 3/10/l+3' E.C., Hunter - Assti., Auditor 8~,,50& m t' 9,000 rt n n E.J. Kelly - promoted'to Asst. Aud. 4,500 5,000 tt " t' E.W. Navmann- promotedto, Credit Managar 5,000~ n n 5,500 u n 5/1/43 L., Gruber - Special Representative 91,500,111 " 10,500 t' i' It J.V. Necas - promotedi to kanagsr, Yurchasing,Dept. 8~,500m n 11,000 m n n P.G. Connors, 3,6001 rr n 4,100 n n n E.F. Higgins 6,750 n' n 712-50 n n n J.M. Pliel 3,250, m ++ 3,500 m m if F.M. Walson 3,000, m n 3,500 tr rc n C. Fitzgerald' 34 per week 37 per week 5/3/43' H.E. Erickson 32 tr It 37, n tr tr Old Gold Branch E.I. Yah1e, telanager 8,5001per annum 10,000 per annum 5/1/43' On motion of Mr. Bowling, seconded by jAr. Freeman,, it was unanimously RESOLVED: That the increase in salary of'Samuel E. Bagby, promoted to Fore- man of the Machine Shop at the Whitl'ock Branch, from the rate of'.11.08 per hour, to the rate of $53.50 per week, effective May 3, 1943y be and the same hereby is in all respects approved, ratified, and confirmed. On motion of' Mr. Halley, seconded by Pdr. Whitefield, the following advertising expenditures were in all respects apUroved, ratified,, and confirmed: Estimate >rr125' Supplement D of J. Walter Thompson Cbmpany, dated April 26, 1943, covering radio advrertising,of'OLD'GOLD Cigarettes in Clevel.and, Columbus, Steuben- ville and Youngstown, Ohio, lnay 1 through Nray 31, 1943, at a cost of'957'5. Estimate #128' Supplement F of J. Walter Thompson Cbmpany, dated April 27, 1943, covering,newspaper advnertising,of'OLD GOLD Cigarettes during,weeks of May 3rd and iday 10th,, 1943, at a cost of $49,654.04. Contract with Greek War Relief Association dated April 29, 1943 for a page aduer- tiisement in the souvenir book to be published in connection with the Monster Greek War Relief Rally at Madison Square Garden on May 18, 1943y at a cost of A'50U. The Secretaryr laiid! before the meeting, agreement dated March 1, 1943 with General Electric Company for ;urchase of'electric lamps for one year beginning March 1, 1943, under terms andiconditions thereiniset out,, which on motion of Mr. Freeman, seconded by Mr. Bowling, was in all respects approved, ratified, and! confirmed.. On motion duly made and'seconded, the meeting adjourned. Secretary bSs'7sz41