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Apmil 4'; 196.1 http://legacy.library.ucsf.edu/tid/rlq00e00/pdf

Apmil 4'; 196.1 http://legacy.library.ucsf.edu/tid/rlq00e00/pdf

Apmil 4'; 196.1 http://legacy.library.ucsf.edu/tid/rlq00e00/pdf

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arodsat buminoat~ rss4vrrry dni*lqg the Qom3jj& manthg, and suah a,<br />

rssovpry sbmla beias,t`it our 1961 sales and osrnings ..<br />

InaiaOussSxeg .3thynn how g.n*ral ssonomis<br />

tr0nds iatLuk+raos LorillarA''s ftltutNe prsltp .Ots;, I sboaid lihr to<br />

tofif]C4 qpft', t#'o Mtters'. •buh'01`fe8t o11 of ns af fill" OwJ1o'rs<br />

l1ti+p IMwporaliiiii .<br />

In teOlifl, aionths rMw have a']Il rosd 0f Qaoos! im-<br />

TDIYUS 4oat3.1At' of Sotirestamong ' AorpOrate ' of tlAfirs rnd<br />

r`stristIva trade agsNsrots; pmotto.d by ao:pouate ex.oatives .<br />

I stssuld iit'co to sssutx+s yan that this oeajaAy, worklag wi1h its<br />

3sgal asuns.]t, bss taknar..ry ooa..i.osbl, stop to a"ld aqay aaeb<br />

involvnrentaaa tbe parb of i.ts att'ia.ra axA aoapiopes, md I<br />

persaRUlI? aa convinced that as» company is i'rse of any snth<br />

talatv Fbrtbsr,, yow bavo my assaranos that ma.W nt asll ia<br />

the t'utiurs,, as . itr the past, continue tob<br />

; smst' .xgflsnt In tb.<br />

Integrity of iits operations .<br />

Another rosant disqaitt3sig, bit o.f n.w ab+wt<br />

A?ea.rSaan bo.sinoss is tbe saggsstion tbst Uto o%rront 4 psr asnt<br />

dividmad aarodit .and $60 sbcaUrlon allowance for shareholders bo<br />

r+Pealud . Such a proposal i& h1ghly anPsxr t0 those Amtrisaas<br />

who risk their sqney to bsi3A onr national iaanoeqr asd will bit<br />

bardaat at tbr s,rll #mar .bollsrs vho ssks up tbe vast majoat*itT<br />

<strong>http</strong>://<strong>legacy</strong>.<strong>library</strong>.<strong>ucsf</strong>.<strong>edu</strong>/<strong>tid</strong>/<strong>rlq00e00</strong>/<strong>pdf</strong><br />

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