a ATFA DIRECTORS MEETING - April 15, 1998

The annual meeting of American Turpentine Farmers Association Directors
was held on Wednesday. April 15, 1998 at the ATFA Office, McRae, Georgia.
The meeting began at 10:30 a.m. with the following Officers, Directors
and guest present:

Jim L. Gillis, Jr. President
Travis P. Cook Vice President
Alton Carter Director

Jim L. Gillis, III Treasurer
Grady Williams Secretary

President Gillis called the meeting to order and welcomed everyone.

Grady Williams, Secretary, read the minutes from last meeting. There
were no additions or corrections and a motion by Director Carter,
seconded by Director Cook to approve minutes. The motion was
unanimously approved.

Jimmy Gillis, Treasurer, presented the following report: $4,245.28 in
the checking account and $10,000.00 certificate of deposit in the
Bank of Soperton. Mr. Gillis had checks and deposits available for
review.

President Gillis discussed the status of current ATFA membership.
There was no recommendation for change.

President Gillis advised the Directors of: the meeting on Naval Stores
Research that Dr. Alan Hodges organized at Gainesville, Florida. The
ones from our area to attend included President Gillis, Grady Williams,
Wesley Hartley and Bill Barrett.

Dr. Alan Hodges was unable to attend this meeting in McRae but did send
a letter that was read by Grady Williams that included information about
his research and the plans he has for the coming year. Dr. Hodges also
stated that he will soon be associated with the Naval Stores Review
Magazine as Technical Editor on a part time basis.

President Gillis indicated his interest in research and he was in hopes
that a new gum production practice could be recommended to producers
very soon.

There was a general discussion among Directors regarding the market
situtation of pine gum. Realizing that AKZO-NOBEL, Baxley, Georgia is
the only market, it was agreed by all for President Gillis and

Grady Williams to meet with the Leadership of AKZO to find out what
their future plans are for providing a market for pine gum.
Grady Williams presented a copy of the History of Naval Stores
entitled, "The Treasures of Longleaf Pines" by Carroll Butler.

After a short discussion with favorable comments about the importance
of history is to our industry, a motion by Director Cook was made
seconded by Director Carter to purchase 10 copies of the publication.
The motion passed.

President Gillis asked for a motion for nomination of Officers for
the next year. There was a motion by Director Cook, seconded by
Director Carter for the following Officers:

Jim L. Gillis, Jr. President
Travis P. Cook Vice President
Jimmy Gillis Treasurer
Grady Williams Secretary

The motion was approved by everyone.

There being no further business, the meeting adjourned.

Respectfully submitted ;
' Secr@ftary