Director's Meeting,
Lynchburg Glass Corporation - January 20, 1925

These minutes were scanned, converted to text, and edited by Dennis Bratcher from original copies now in the Jones Memorial Library in Lynchburg, Virginia. The original minutes were typewritten. The text versions were converted to a screen font for ease of reading. As a result the exact formatting of the original has not been preserved. A scan of the original is below (parts of the scan are slightly distorted).

[Director's Meeting]

A meeting of the Board of Directors of the Lynchburg Glass Corporation was held in the Consultation Room of the Peoples National Bank of Lynchburg, Virginia corner Eighth and Main Streets, in the City of Lynchburg, Virginia, on Tuesday the 20th day of January, 1925, at 11 o'clock A. M., which meeting was held in pursuance of a waiver of the meeting signed by all of the directors as follows:

"The undersigned directors of the Lynchburg Glass Corporation do hereby waive formal notice of a meeting of the Board of Directors of the said corporation, to be held in the Consultation Room of the Peoples National Bank of Lynchburg, corner Eighth and Main Streets, in the City of Lynchburg, on Tuesday the 20th day of January, 1925, at 11 o'clock A. M., and do consent to the transaction of such business as may be brought to the attention of the said board by the officers of the corporation.

There were present at the meeting the fol1owing directors: D. H. Dillard, J. P. Owen, C. L. Snidow, N. D. Eller, J. William Gayner, John Victor, R. C. Watts and W. H. Loyd.

Mr. N. D. Eller, the President of the corporation, presided and Mr. W. H. Loyd acted as Secretary.

The meeting having been regularly constituted the following resolution offered by Mr. J. D. Owen and duly seconded by Mr. John Victor was unanimously adopted:

RESOLVED that a meeting of the stockholders of this corporation be called to be held in the Directors' Room of the Chamber of Commerce, in the Lynch Building, corner of Ninth and Main Streets, in the City of Lynchburg, Virginia, on Monday the 2nd day of February, 1925, at 11 o'clock A. M., for the purpose of taking action upon a proposed issue of $75,000.00 of bonds by the corporation, the payment thereof with interest to accrue thereon to be secured in such manner and upon such terms as the stockholders at the said meeting may by resolution prescribe; and

RESOLVED FURTHER that the annual meeting of the stockholders of the corporation be held at the same

[p.2] time and place, the Board of Directors now designating this place instead of the principal office of the corporation as the place for the holding of the said annual meeting; and

RESOLVED THAT that the Secretary of this corporation be, and he is hereby authorized and directed, to give to each of the stockholders of record notice in writing of the said meeting by serving the same on him personally or by mailing to him addressed to the Post Office nearest his place of residence as it appears on the stock books of the corporation, at least ten days prior to said meeting, which notice shall state the time and place of said meeting and its object."

The following resolution was offered and having been duly seconded was unanimously adopted:

RESOLVED, that the funds of this corporation be deposited in The Chatham and Phenix National Bank of the City of New York, subject to checks made in the corporate name, signed by its Treasurer and countersigned by its President or Vice-President, who are hereby authorized to make, collect, discount, negotiate, endorse, assign and deposit in the corporate name, all checks, drafts, notes and other negotiable paper; and all such checks, drafts, notes and other negotiable paper, payable to or by this corporation, signed as aforesaid (including checks drawn to Cash or Bearer or to the individual order of the officer signing said checks) shall be honored and paid by said Bank, and charged to the Corporation's account, hereby ratifying and approving all that said Bank may do or cause to be done by virtue hereof.

There being no further business to be transacted the meeting was adjourned.

____________[signed: W H Loyd]__Secretary.

Approved:

____[signed: N D Eller]______President