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Tee Ghairuas stated that Lester Cowm bat recectiy appointed Georges Schacter as his Prodccer's Sepresentative: thet Couns hel provisusiy conplaiacd ascent cur distributice of TMOESOY TEE WELD ané we iz turz bad complained of tee umeatisfectory samcer in which his octrects bad bees handled. Er. Schaeter sade am examination of over 400 contracts thst had beex prericusly rejected by « fomer representative and bad approved of thes. The Cheires ~ ties read tc the meeting @ wire Mr. Leserman bad received frase Nr. Cowen of fallow:
4 goed exougt to suggest appropriate way for se to express ay apprecistics eed con’ idfence tte sembers cf pour sales orgmmication particularig j-ld, Tager acd Lagercs. Siccerely. Lester Comm.* ,
5. ZouaBeia aaeoees , There were Shen distriteted te the directors present the following reports
Ll. Uetimsted Sorld-®ide Profit and Lees for the 52 weer o-cing Decanter & 13544.
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2. Comdensed Operating Statement (Forelg Only) for the 52 weers euding December XZ, 1344.
3. Monthly Cabled Gepors for the 52 weers ending Decesber 30, i544.
*. Zetiasted Forlé-@ide Profit and Lees for the four weers ending Jamaary 77, 1345.
5. Comdensed Coerating Statesest (Foreigzs Only) for the four weers exdiag Jmuary 27, 13545.
S$. Monthly Catled Eepert ‘or the four wers ending Jamuary 27, 1545.
7. Tentative Comsclidsted Balance Sheet ani Tentative Samsol idsted income Statement as at December 2, 1344. (With certain exceptions). 3. Tentative Consolidated Balance ‘heet and Tentative Seneclidated G