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[Hamilton Manufacturing Company meeting minutes, 1941-1947]
(1941-1947)

1943


.1 dSecon& Retire:ent Trst r nd (c) -citionulemul'  es
of the Compny not now benefited by either of seid
previous retirement trusts; now therefore
RESOLVED by the Board of Directors of Hamilton Manufacturing
Conoany that said company proceed forthwith to join with
the Trustee in the execution of a new trust instrument,
which, when consented to by all employees of the Company
who are nresently beneficiaries of or participants in
the First Retirement Trust and the Second Retirement Trust,
will accomolish the transfer of all of the assets of the
First Retirement Trust and the Second Retirement Trust
to the same trustee as trustee of the consolidated trust
and Will embody all necessary aiacndments and changes in
order to carry out the intent of the comPny and the
trustee, to-wit: the creation of a retirement plan that
shall take the pclce of the First Retirement Trust and
the Second Retirem:ent Trust above mentioned and shall
hereafter o-pratp for the benefit of all those employees
of the comny whomay be or become eligible by -oCen
of rate of czomnsation and length of service.
RESOLVED FURTHER, that the President and Vice President and
Secretary of the company be and they hereby are and each of
them hereby is -uthorized and emnovered to execute in the n eo
of the comoany a ne- trust indenture and any -nd all other
instruments of trust, consents and other documents that may   I
be requisite to put the said Plan into full onerrtion, which
Plan shall bear the name of "Hailton Manufacturing Comoany
Employees' Retirement Plan" and shall embody the followingc
ter-s, conditions and nrovisions, w-ith such added administrative
and other details as may be agreed upon by the Company and the
Trustee:
1. All property and assets of the First Retireent Trust
and of the Second Retirement Trust shall be transferred
forthrith to the Trustee as trustee of the consolidated
trust to be administered under the provisions of the
Hamilton .nufrcturini Comnony Emoloyees' Retirement Plan.
2. The trust fund of said consolidated trust shall consist of
the assets so transferred, together with "12,199.05 tobe
paid forth-ith by the Comnny to the Trustee, and to-
gether with any and all futurc payments or contributions
made by the Comony to the Trusteeforthebenefit of
elinible employ'ees.
. The Company shall nthve any ri ht, title or interest
in or to said trust fund or ony part thereof, ant
the assets of the trust sho11 over b3 rturne to oI
otheripe vest in the Comneny.


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