Document Mo4vpOKYNM8dDMO3yyVyJE64M

A rogular mooting of tho Board of Dlraotoro of tho IHTEMATIOHAL 3WELTIJS1 AID.RJBFIMW COUPAIT vaa hold at tho offloo of tho Coop007, Ho. 25 Broadway, How fork, I. T., on Tuoodo7, Soptoahor 24, 1.)46 ot 11100 o'clook A. I. PRMKITj Maura. Comalluo F. Kolloy *. H. Ho o t *r . Fradarlak Lolat Hobart S. Sajir Jamaa I, Bobbins B. 0. Sovorwino ABBOTT! tr. Clydo 1. Wood Tho froaidani, Mr. Comolluo F. Kolloy aotod 00 Choiman of tho Boatin* and Hr. C. 1. Moran, 3arat077 thoroof. Ao tho Julyand August monthly aaatlngs vara adjoumad duo to look of quorum, tho Mlnutas of tho rogular monthly Mating of tho Board of Dlraatora of tho Company hold oa Juno 2$, 194k vara road and, on notion nodo and duly aooondod, vara approrad. Tho Chairman prooontod to tho mootInf atatamant* of lot Inoama and of lot Currant Aoaota, oatlmatod as of August Jl, 1946, ahlah on notion duly nodo and aaaondod, vara approvad and ordorod plaood on fllo. It naai On nation duly noda, aaoondod and unanimously sdoptad, X2BQLTKD, that tho notion of tho Offloors of tho Company in approving tho following Appropriation* bo oad tho aama boroby la ratlflod, approvad and aoaflrmadt tU Pfoorlptlon Amount 163 rsnhu* of too Oooorol Motor truoka for tho Tooolo Float $ 3,816.84 47 To soaplato inotollotioe of Ho. l4 olostrs ahoot drum oad building and aaaambllng Ho. 15 and 16 drums ot Raritan Coppor HOrko. 28,695.00 Tho Basratary prosontod Poodo proporod in oonnaotion with tho solo of oortoln load looktod in Tooolo City, tttahi it moot On motion duly mado, aooondod oad unanimously sdoptad, HMOLTOD, that tho ootion of tho Offiaoro of tho Company In oxooutlng dood datod duly 29, 194k, savoring tho solo of tho following dooorlbod traot of land situated in Tooolo City, Tooolo County, Utah, to J. 1. Kayo of Tooolo City, Utah. in oonaidoratlon of tho sum of Ooo Buadrod Dollars (tlOO.OO) bo and it haraby la In all rasp* ata ratlflod,. approvod and oonflmod. N11112 2 Beginning at a point on the Knot Boundary of But Strut, blh point la the Southoeat eornar of a lot doodad by A. P. Dornaua et us to Allee KLo*i, aa rooerdad on page 5l6 Book J0 of Oooda, Booorda of Tooele County, and mhlah point la further looatod 569.50 foot neaaumd Southerly alone tho aaid Boat Boundary of Snot Strut from tho Borthoeit Comer of Lot 6, Blook 26. Plat "A", Tooolo City Surroyi tiuolai thonoo 3. 89* 171 ! alone tho South boundary lino of aaid lot doodod by A. f. Deronaa at 52.50 foot eroaa tho Southoaat earner of aaaw, continue on a total diatanoo of 82.50 foot to a point tho Southoaat oomor of a parool of land doodad by Intornatlonal Building kaanotation to Doe ter J.: L, Kayo.' Thonoo 9* 0* 28' *. 16.00 footi Thonoo 1. 89s 27* W. 82.50 foot to a point on tho oaat boundary of loot Stroot. Thonoo I. 0* 28* S. 16.00 foot along tho Bait boundary f Xaat Stroot to tho point of beginning, containing OJ more*. it uaat Cn notion duly made, oooondod and tmanlmrmaly adoptad, HXSOLTBS, that tho aotlom of tho Offloom of tho Oompaay is oxooutimg dood datod Augmat 27, 1946, covering tho aalo of Lot 12. Hook 2, Eelaoy kabdlrlalon, Tooolo. Utah, to /oo Correal and lory . Cerronl, In *on- alderatlea of tho oaaa of Too Bondmd fifty Dollar* (i25.QO), bo and It boroby la in all reepeete ratified, appmrod and eeaflmod. it oaat On notion duly nado, aooondod * ananlnoualy adoptod, BMim, that tho aetlon of tho OfTlaora of tho Coopaoy la exooutlag dood datod toptonbar 9, 1944, orrerlag tho aolo of Loo #Ju Hook #2, Eelaoy Subdlvlaion, Tooolo, Utah, to lolph d.Xolaoo and Carol A. Balaam In aiooHorotion of tho ana of Too luadmd fifty Dollam (l>5880), bo and It horoby la in all raapoata ratified, approved and oonflmod. Thorn 000 prooootod to tho mooting Contra*to botooon International awaiting and toflalng Company and Fark-Bonold Urn Corporation and Part-Soleon lining Company, evidencing tho oonploto oithdroool of Intornatlonal Ijoltlng and Bofining roapany fron tho oporationo of thoao Companion and tho roloaoo of both partlea fron liability oa account of Intornatlonal Smelt ing and Refining Colony'a aetioaa to tho data of tho oontraata. it oaat On nation duly nado, aoooadod and unanlmauily adoptod, RXSOLTXD, that tho action of tho Offloom of thla Company in executing Contmota, datod Hay 15, 194 botooon International Smelting and Bofining Company and Fark-Keeeld Blnoa Corporation and Park-Belion lining Company, bo and it hereby la in all mapeota, ratified, approved and confirmd. PNYC0C006890 -3 The President reported that the operation* *t Zut Chleago, Indiana, had been terminated end the Plant had been oloeed. After dissuasion, It w m, ea motion duly made, seconded and unanimously adopted! AX30LTXD, that the Offleera of the Company be and they hereby are authorised to aake arrangements to tell end dlepeee of the land, building*, and equipment new owned by this Company leeated at Seat Chicago, Indiana. There being no further business before the Board, on motion duly made, easonded and adopted, the meeting adjourned. (sj c ,F. Secretary, PNTC00006891 IKTEBHATIOHAL SMBLTIHfl AND REPIHIKG COUPUY The President reported that the operations at Bast Chicago, Indiana, had been terminated and the Plant had been closed. After discussion, it was, on motion duly made, seconded and unanimously adopted; RESOLVED, that the Officers of the Company be and they hereby are authorised to males arrangements to sell and dispose of the land, buildings, and equipment now owned by this Company located at East Chicago, Indiana, for such sums and upon such terms and conditions as they deem proper and appropriate. N11112.01 PNYC00006692 Resolution to be adopted ratifying the action of the Officers of the Company in executing Contracts with the Park-Konold Mines Corporation and with the Park-Helson Mining Company, which Contracts evidence complete withdrawal of iha Internatlona^from these Operations/ ' On Secretary's copy: The Board is asked to adopt a resolution approving the action of the Offioers in executing Contracts, dated May 15, 1946, between International Smelting and Refining Company a>-ParkKonold Mines Corporation, and Park-Ielson Mining Company. These ^ Contracts evidence the complete withdrawal of International from the operations of these Companies amd the release of both parties frost liability on account of International's actions to the datesof thefc-es(>fraots< N11112.02 PNVC00006893 on Dir*atori Program*: Resolution to bo adopt*d ratifying the motion of the Offloor* of tho Company in ananting Contract* with, tha Park-Sonold Mina* Corporation and with tba Park-Ialion Mining Company, whlah Oontraata oxide**# eonplete withdrawal of kho International from than operation*. On Itmtary'i oapyi Tho Board 1* aakod to adopt o roaolution approxlag tba aatioa of tbo ffiaar* in omooutlmg Contrast*, dated my 18, 1848, betnoon International filtlM Itftatng Company and Park- Memeld Hmoo Corporation and P*rfe>Ml*en Mining Company. 9mn Contract* exldonee tbo emulate withdrawal of International from tho operation# of thooo tiapnolio and tho release of both partloa from liability on aoowwnt of Intarsatlonal * aatlan* to N11112.03 PNtCOO006894 INTERNATIONAL SMELTING AND REPINING .COMPANY DIRECTORS' MEETING - SEPTEMBER 214., 19I4.6 PROGRAM DIRECTORS 11:00 A.M Dpe to lack of quorum the meetings of July 23, 1946 and August 27, I9I4.6 were adjourned, y /v Vv %a ^ Minutes of the meeting held June 25, 1946 to be read and approved. J Presentation of Statements of Net Income and Net Current Assets as of August 31, 1946. Approval of Appropriations: Description 163 Purchase of two General Motor trucks for the Tnoele Plant 478 To complete installation of the Nc. 14 electro sheet drum and building and assembling No 15 and 16 drums at Raritan Copper Works Amount $ 3,816.84 28,695.00 Resolution to be- adopted ratifying the action of the Officers of the Company inexecutin* the following deeds covering the sale of land in Tooele City, Utah, as follows: In consideration of To Description the sum of J. L. Mayo as described in deed #100.00 Joe Cerroni and . Mary B. Cerroni Lot 12, Block 2, Kelsey Subdivision ,Ralph J. Nelstn and Carol A. Nelson Lot 4 Block 2, Kelsey Subdivision 250.00 250.00 PNYC0Q006895 N11H2.04