[Hamilton Manufacturing Company meeting minutes, 1941-1947]
March 12, 1945 On this day at the hour of three o'clock P. M. the Board of Directors of Hamilton Manufacturing Company met in the office of the company in the city of Two Rivers, Wisconsin, pursuant to waiver of notice on file. The meeting was called to order by E. P. Hamilton, President. Roll call of directors showed the following present in person: E. P. Hamilton H. G. Evans A. L. Nash A. H. Lohman 1. R. Rehr d. G. Dickson Ine Presile.t stated that the purpose of the meeting was to consider declaration of a dividend on the Preferential Participating stock of the corporation; that all kirst Preferred stock of the corporation had been redeemed as of Januar 1, 1945 and was therefore not entitled to an5 further dividend; that a quarterly dividend of 25 per share on the Preferential Partici- pating stock would require 425,000.00; that earnings for the first eight weeks of the ear 1945 as shown b the financial statements of tle compan were approximately $33,850.00; that the payment of 425,000.00 in dividends for the year 1945 would be with- in the limitations of the regulation of the VT Loan Agreement; that fter such payment there would be a substantial amount of current T 'TT*Or ;;' 'rT r' P-17,r) Ti'
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