Special meeting of Board of Directors at which were present
J. Robert Wiss, Jerome B. Wiss and Norman F. Wiss, Norman F. Wiss
moved that a dividend of 5% on the common stock of the company be
declared payable out of the surplus funds of the company at once
to stockholders of even date.

Motioned seconded by J. B. Wiss and carried.

J. B. Wiss moved that the salaries of the officers for the year
1936 be fixed as follows: J. Robert Wiss $18,000., Norman F. Wiss $18,000.
and Jerome B. Wiss $12,000.

Motion seconded by N. F. Wiss and carried.

Motion to adjourn carried.

                                           Jerome B. Wiss Sect.