A Special Meeting of the Board of Directors of J. Wiss & Sons Company
was held at the Essex Club, Newark, New Jersey, September 24, 1931.

There were present:
                    J. Robert Wiss
                    Norman F. Wiss
                    Jerome B. Wiss

Meeting called to order by J. Robert Wiss at 1 P.M.

J. Robert Wiss presented some figures showing the manner in which the
long continued depression had reflected itself in loss of profits to
the business, and suggested that the salaries of officers and certain
other key men be reduced.

Upon motion made by Jerome B. Wiss, seconded by Norman F. Wiss, the
figures presented by J. Robert Wiss were passed, and the reduction of
salaries of officers and certain other key men was accepted.

There being no further business, the Meeting adjourned.

                                                Jerome B. Wiss Sect.