SPECIAL MEETING OF THE BOARD OF DIRECTORS
OF HAMILTON MANUFACTURING COMPANY
Two Rivers, Wisconsin
June 6, 1939
On this day at 11 oclock A. M. the Board of
Directors of Hamilton Manufacturing Company met by consent
of all directors in the office of the company, in the city
of Two Rivers, Wisconsin. Meeting was called to order by
H. C. Gowran, President; W. G. Dickson, Secretary, present
and acting as such.
Roll call of directors showed the following present
in person:
H. C. Gowran
E. P. Hamilton
H. G. Evans
W. G. Dickson
Directors J. E. Hamilton and George S. Hamilton
were not present but have appended their signatures to these
minutes to evidence their consent to the holding.of thq meet-
ing and their ratification of all action taken.
The President stated that the purpose of the meet-
ing was to take action with reference to dividends for the
second quarter of 1939; that the latest available financial
statement showed a net profit for the first twenty weeks of
the year of $5,909.96; that the expected earnings until June
30th would be insufficient to equal the amount required for
back dividends on the First Preferred stock or for a quarter-
ly or semi-annual payment of dividends on the Class A Prefer-
ential Participating stock; that at the end of the year 1938