Directors' Meeting,
Lynchburg Glass Corporation -
March 11, 1924
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 distorted).
DIRECTORS MEETING
The meeting of the Directors of the Lynchburg Glass Corporation was held in the Director's Room of the Peoples National Bank on Tuesday, March 11th [1924] at 11 A.M. with the following present:
J. Willim Gayner
W. H. Loyd
C. L. Snidow
R. C. Watts
John Victor
J. D. Owen
D. H. Dillard
Mr. C. L. Snidow was elected Chairman of the meeting.
The reading of the minutes of the previous meeting was dispensed with.
The Secretary advised that Mr. Eller was confined to his home and that he had requested him to state that on account of business conditions he thought it advisable to either close down the plant for two weeks or to curtail production sharply for this period. Mr. Eller thought the latter course the better.
Mr. Gayner explained to the Board the difference between shutting down and. curtailing production and said that he thought it advisable to keep as much of the organization together as possible, certainly keeping the best of the workers.
After a thorough discussion, on motion duly seconded and unanimously carried it was decided to run the plant for a period of two weeks at a 50% reduction and that at the end of this period a special meeting of the Board would be called to consider the outcome of this action and take what further steps necessary.
It was further suggested that the Board recommend to Mr. Eller that he put a salesman or salesmen on the road to move the accumulated stock of Insulators on hand at the earliest possible time.
There being no further business the meeting adjourned.
___[signed: W H Loyd]__Secretary
___[signed C L Snidow]___President
[handwritten: Chairman]
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