Notes of Board Meeting, 20 May, 1937, referring to Managing Director appointment

With original storage envelope marked: "Higher Management Folder No 3".

Notes of Board Meeting, 20 May 1937, including extensive remarks by the Chairman (R A Cooper) on poor business performance:
"Our total Dip trade in 1936 has fallen below the average of the four years of the depression. We have lost one-third of the Dip trade in Great Britain since the year of the amalgamation. During the last twelve years we have failed to place successfully on the market one new and profitable animal remedy other than dips [p. 6]." Cooper observed: "We are an amalgamation, but we have never properly amalgamated [p. 10]." The Meeting continued with reference to the post of Managing Director, from which James Gibbs would retire in 1939, and to W E O Walker-Leigh's assumption of joint duties with Gibbs. The notes evidence points of conflict between Cooper and Robertson 'camps' within the amalgamation.

1 April, 1937. "Comparison of Sales and Territorial and Subsidiary Companies [-] Results for Year Ended 30th September 1929 and the Five Years Ended 30th September 1936". Table showing Sales and Profits.

19 May, 1937. "Statement by the Chairman on the Audited Accounts and Sales Returns". With annotations in pencil. This is the text of the Chairman's remarks at the Board Meeting of 20 May (see above).

19 May, 1935. Letter from R A Cooper to J A Hill, listing twelve resolutions to be "ready for me at the Board Meeting at Russell Sq next Wednesday". Five of the resolutions refer to securing a new Managing Director "from without".

1935, 1937

1 file