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Celotex Numes Wolter Choirmsn

James W. Walter. President and founder of Jim Walter Corporation, Tampa, Florida, was elected to the newly created post of Chairman of the Board and chief executive officer of The Celotex Corporation at a Directors meeting following the annual meeting of the stockholders of Celotex. Harry W. Collins remains as President and all other officers were re-elected to their respective positions it was said.

Jim Walter Corporation last Julv announced its acquisition of about one-third of the I,018,65l outstanding shares of stock of Celotex and has subsequently increased

The o o o its holdings to approximately 50/o, it was revealed in the company's proxy statement for today's stockholders meeting.

At that meeting those directors whose terms expired were re-elected to three year terms. They were James Alston, Iouis J. Cross, Ernest M. Knapp and Norman Waite. There was no other business transacted at the stockholders meeting. Questioned as to prospects for the current year, Mr. Collins, who presided at the meeting, declined to make a specific forecast but did say current sales are running ahead of a year ago by approximately l3/o and he was confident the company would have a profitable year in spite of the continued de- caII ufith pressed prices on many of the company's products.

In assuming responsibility for direction of the affairs of Celotex as its newly named Chairman, NIr. W-alter said that he and the management of Jim Walter Corporation have great confidence in the future of Celotex as evidenced by their action in acquir. ing such a sizeable part of the stock of the company. In consideration of the size of that investment, it was natural and logical, Mr. Walter said, that he should take a tore active part in the management of the comp-any. He said he has no plan for any major changes in the company's operationr o. p"rsonnel.

Deoler Aid Describes Fireploce Forms

A four-page 8lz' x 11" illustrated pam- phlet published by Bennett-Ireland Inc., Norwich, New York, describes the company's new improved line of Benefire fireplace forms.

Available on request, the pamphlet explains the heat saving advantages of Benefire fireplace forms, and the eeonomies in construction time and materials offered by the units. Tables present the dimensions of Benefire forms and the recommended flue tile sizes for various size fireplaces and chimney heights.

Diagrams show some of the more common arrangements of ducts in typical fireplaces, and photographs illustrate the wide variety of Bennett grilles.

Copies of the pamphlet may be obtained in quantity by writing to Bennett-Ireland Inc.,722 Exchange St., Norwich, New York.

Simpson Announces New Ceilings Cotolog

Detailed illustrations and information on acoustical tile, decorative tile and roof deck are contained in the 1963 Ceilings catalog now available from Simpson Timber Company.

Patterns of Forestone and other ceiling tiles are illustrated in this four-page catalog with information on sizes, thicknesses, joints and finishes.

This free catalog may be obtained by writing Simpson Timber Company, 2040C Washington Building, Seattle 1, Washington.