The terms upon which the merger is to be consummated, the purchase of the Heinisch company by the Wiss company, were outlined before the board last Tuesday, decision being reserved by the board pending a stockholders meeting held here. W.L. Morgan informed the board today that at this meeting practically all the stock of the Heinisch company was voted in favor of the merger.
Mr. Morgan asked for a speedy decision, saying that the Heinisch company's business is practically at a standstill, awaiting the determination of the pending negotiations. The board announced its conclusion after a brief conference.