HartrybodlrnfterCo. lt lo_,^LolYear R()OFISJ

E!er ,\- / .$ler Contract trrh, -Ibg ProxEER- IhrrER-Co. rrrc.

For thirty-ivc ycrr. tLc PTONEER

PAPER COMPANY, Inc, hu nlaufrcturcd felt rnd arphalt rooinjr. In tlc

PIONEER TEN AND TWENTY YEAR

ROOFS thc rlrill of nuufecturc, thc crpcriencc of ycrrr end thc 6ncrt of Ertcridr arC intcrwovcn to producc r produet that will rtand ruprcnc in durrbilitn econony and beauty.

PIONEER TEN AND TWENTY YEAR R(X)FS rrc

3rnrentccd for thc full tcrrn of thc conl*tct. Thoy rill bc Lcpt in e vetcrtitht corditln by t[c PIONEER P.APER CO. Inco vithout .r;lcD.c to tf,c oncr, vhca epplicd by en rutlorircd roo6n3 corttrctor ud epprovcd by thc PTONEER PAPER COMPANY, !rc.