Nov 23/25  Special meeting of the Board of Director called
           to order by President Wiss at 9:15 A.M. this 23rd,
           day of November 1925.

           Present were F.C.J. Wiss, J.R. Wiss and N.F. Wiss.
           
           Norman F. Wiss moved that a dividend of Ten 
           (10%) percent on the common stock of the company 
           be declared and hereby is declared payable at 
           once out of the surplus of the company. Seconded 
           by J. Robert Wiss and carried. 

           J. Robert Wiss made a motion seconded by
           Norman F. Wiss that we accept the offer of $55,000.
           made by American Metal Bed Co. for the Heinisch Plant
           Bruce St. and Thirteenth Ave. Newark N.J.
           Term $5000. cash and balance $50,000. Mortgage to
           sum 10 year @ 6% Int. with providing to pay 
           an accept on 30 days notice. The proper officers
           are hereby authorized and instructed to execute
           the necessary documents in connection with this
           sale. Motion carried.

           Schaedel & Bro. Inc. having failed to live up
           to their agreement to purchase the Heinisch property
           and due to the fact that the building foundation
           encroached on public property (the Street), we had
           very little change of compelling "specific performance"
           in the counts of changes according to previous
           verdicts and therefore did not proceed against them.

           Motion to adjourn carried.

                                           Jerome B. Wiss Sect.