Document oeeKNvYDQqyzGavvjnRVaG3D3
noMtHtra Etnas
*9 t*.
c
N11103
P"YC000C67Jz
ftnUaat : 4a par C. *. *[ > HUd *itfc
r*9t tM u
-* Base
>f. v` ^3> 5,'
'ZM AOl
PN'TC00006'J33
Pcollaat
; Am par C. B. ]pa raqueat thl i*
filad ritii th SKrttitj*! p&pars* V" - - .3 : Baaa
PNrC00006734
i
INTERNATIONAL SMELTING AND HETOTTHQ COMPACT WAIVER OF Hcmpy of ureting OF BOARD OF DIRBCTOBS
The undersigned, being ell of the Directors of the INTERNATIONAL SMELTING AND REFINING COMPACT, * Montana Corporation, do hereby waive any and, all notice whatsoever of the tine, place and purpose of a meeting of the Board of Directors of said Company, to be held in lieu of the regular monthly meeting of the Board of Directors for May and do hereby fix 25 Broadway, in the Borough of Manhattan, City, County and State of New lark as the place, and Wednesday, the 22nd day of May, 1946, at Ut45 A. M. as the time for holding the said meeting; the purpose of said meeting being as folldwss
To consider and act upon the matters which would in ordinary course be submitted to the Board at its regular monthly meeting for May.
DATEDt May 22, 1946.
=Li
yu CfVL U 2t
i-CL
p*bccOo6 *35
^11103.01
reKsMa)B!!a2aBttsea^r
/
nnximcaeui
TAirm or van?* <* gT <p
T
Tha ondaralgnad, bolag all of tha Dlraotars of tha nnouuzzciux suurun ara taromw caanunr, a mdum corporation, do haratgr oalto angr and all notloo diitwwr of tha tin*, plaoa and purpoaa of a aootiag of tha Board of DLraotora of said Coapaiy, to bo bold la llao of tha ragnlar Monthly pasting of tha Board of Uraatacs for Hof mid do hority fix tS Broadaay, in tho Borough of
Manhattan, City, County and State of lav Tortc aa tha plhso, and tartnaody, tho 22nd day of Mgr, 1940, at 21*45 A.. M. aa tha tlaa for holding tha aald aaortlngj tho pupaoa of aaid oaotlng ball* aa
follow I
To oonotrtar and act i^on tha oattaro afaloti aoold la
ordinary Man* ba oofaaltted to tho Board oft lte ra*nlar --
wsting far May.
,.
omDi a,May 1940.
C. F. KELLEY
(S) J. R. HOBBIUS (S) ROBERT E. OTTER (S) FREDERICK LAIST
w C. E. WEED (S) W. H. HOOTER.
Js) B. 0. SOBEKItENE
(ORIGINAL TtiXVEE FILS) IK MIHOTE BOOK)
^coooo-"6
f^iy^assmffastf
h QtXt. *
/<*- ( (
yl
f" <"/-/?, .^,'
./ </, }ju ^
^fjLC^jt^ ( %jt.
/) /' '-f*''t^\ t
PHICOGO06737
N11103.02
twwp
TT
INTERNATIONAL SMELTING AND REFIKISO COMPANY DIRECTORS' MEETING - MAY 22, 1946
Secretary's Cop? 11;45 A.M.
PROGRAM
DIRECTORS
Cornelius F. Kelley / W. H. Hoover / Frederick Laiat / Robert E. Dwyerr Clyde E. Weed ^ James R. Hobblns^ . E, 0. Sowerwine /
ORGANIZATION MEETING:
Appointment of Temporary Chairman,
nMlTICianAiy HlUIKyilKiCnBK the Annual Mee ting of Stockholders of the Company m
held at Butte, Montana, on May 6, 1946, and the following Directors were
elected:
"
.
Cornelius F. Kelley Robert E. Dwyer E. 0. Sowerwine Frederick Laiat James R. Hobblns W. H. Hoover Clyde B. Weed
7Election of Officers for ensuing corporate year:
Present Officers;
President Vice President Vice President Secretary Treasurer
Asst. Secretary and Asst. Treasurer
Aast. Treasurer Asst. Secretary Asat. Secretary Comptroller
Cornelius F. Kelley Frederick Lalst\ E. 0. Sowerwine ) C. E. Moran J. E. Woodard
W. H. Grahl A. F. Dohrman J. D. Murphy F. E. Stolte W. K. Daly
Presentation of Statements of Net Income and Net Current Assets as of
April 30, 1946.
.
PA"C000C673a
N11103.03
Approval of Appropriation:
No. Description
Replacing superheater units in No. 9 and O No. 10 waste heat boilers at the Smelter
of the Miami Plant.
Amount
/ ' $10,000.00
Resolutions to be adopted ratifying the action of the Officers of the
Company in executing deeds covering the sale of land in Kelsey Subdivision,
Tooele, Utah, as follows:
In consideration of
To Description
the sum of
Darrel L. Stevens and Ruth B. Stevens
Lot 4, Block 2
$250.00
George S. Warburton and Marjorie Warburton
Lot 6, Block 2
250.00
Ralph J. Nelson and Carol A. Nelson
Carver W. Bryan and Agnes M. Bryan
Lot 5, Block 2 Lot 3, Block 3
250.00 250.00
/
Appointment of D. W. Hamilton as Resident Agent of the Corporation in the
State of Nevada in place of C. W. Klrkham who Is no longer in the employ
Jof the Mountain City Copper Company.
v
"RESOLVED, that the appointment of Mr. Clayton W. Kirkham aa Resident
Agent for this Company in the State of Nevada is hereby cancelled and revoked, and
FURTHER RESOLVED, that D. IT. Hamilton is hereby appointed Resident Agent of this Corporation in the State of Nevada, and that the Vice-President and Secretary are hereby authorized to execute certificate of the adoption of this resolution to be filed in the office of the Seoretary of the State
and other public offloes of the State of Nevada, as required by the lews of Nevada,"
Adjournment
PNYC0C006 73 9
I
IBTBBKAIIOKAI, SMELTIHG AND REFINING COMPANY 3UMOHY OF REGULAR MONTHLY MEETING OF BOARD OF DIRECTORS
HELD APRIL 23, 1946
Minutes of the Meeting held March 26, 1946 were read and approved. Statement! of Het Income and Net Current Aaaets ae of March 31, 1946, were approved and ordered placed on file. Resolution wan adopted authorising the proper officer! to execute Deed covering the transfer of a lot in the Glenwood addition to Tooele City, Utah, to Thayer W. Saylor and Hilda N. Saylor,in consideration of the sum of *1.00.
Adjournment.
.04
^^^aa2sir'EW,:2st
UTsaiAtrmuz. smsltxiq amp rep rare canyunr
prB8cros3 aarriKO - m aa. lata
mu<
ORGANIZATIOH liEETIKQ J
S X a., c, mi
v. a. gwwrC43MUMI r. 1U|
rndirltk Ulik lobark a. Ba|r
cAiywo* aa.. BmtbaUU
a. Q. 3WItM
AffU<Mnk of Taatporury Chairman.
fiw htrikary to npork on tta lamuii iMkUc af SkaalttoUm of Um Caaipany bo14 at Butto. Montana* oa May 194C*
Xlaotloa of Ofriooro for
oorparata jmti
Praaaat Offloorak
Praaftart Tlaa PraalAaat Tlaa rmlAnt Saaratary
Aaat. toarotary aw Aaat. TQroaawrar Aaat. YTaaaarar Aaat. Saaratary Aaat. toarotary
CoamUu r. xallay PraMarlaA Lalat >. 0. lanomtaa e. 1. lam
K. BaoitarA
v. flnhl A* P. Oihr--n j. 0. Manky f. B. tMalta . X. Only
Praaontatlon of Stotaaaata of Mat Xaaoaa and Bat Currant Aaaata aa of April 30, 1M.
Approval of Appropriation*
Ms.
- Baplaalng auparhaatar aaita la la. f aa4 Xa. 10 aaata taut bollara at tba Saaltar of tba Miami Plant.
Aaount
. #10*000.00
PNYC000067<tl
M11103.05
M'awaiswtuiil!
INTEBNATICNAL SMELT INC ACT BEFDTIffG; COMPAST MSMOBAKPOM gOS DIBECTQBS1 MEETING - MAY 22, 19*6
ESTIMATED NET INCOME
Smelting Department
Baritan Copper Works Lead Refining Department Zinc Oxide Department White Lead Department Accrued Interest on Advances
to Leases Sold Miscellaneous Income
Month of April 1946
$ 44,233 82,125 7.281 31,753 473
(_ 200
Deduct:
Loss on Sale of Claims:
Walker Mining Company
Administrative Expenses
Capital Stock Tax
Miscellaneous Taxes
'
Interest - Anaconda Copper Mining Co.
$62,637
$8,000 -
$ 8.000
Less - Depreciation and Obsolescence
$70,637
Federal Income Taxes NET INCOME
Add - Net Incase of Subsidiary Companies CONSOLIDATED NET INCUS
$ 101,140
$101,140
-
$ 101,140
Month of March 1946
$ 64,869 38,744 6,704 14,440 7,020
540
$25,949
, Four Mos ended Apr.
30, 1946
$144,663 45,371 18,315 55,236 19,404
9,202
$181,719
Four Mos, ended Apr,
30, 1945
$ 53,814 590,070 27,193 13,622 11,304
18,500 21,847
$606,114
$~ 7,852 -
.-
$ 7,852
$18,097 29,065
$10,968
$10,968
j10,968
$39,520 5,914
$ 45,454
$136,285 151.810
$ 15,525 4,200
$ 19,725
388
$ 19,337
$ 44,628 49,907 1,663 128 56,501
$152,827
$453,287 207,595
$245,692 56,224
$189,468
323
BALANCE - January 1. 194-6
CONSOLIDATED SUEPLIE ACCOUNT
ADD - Ret Income Four Months ended April 30, 194*6
BALA1C* - April 30. 1946
>.
$870,460 19,337
$851,123
PNYC00006 74 2
N1H03-06
ISTEgSATIOKAL 3QSLTIS0 AST) EEPIKIMO COMPAKT MEUaRAKPOH FOR DlgBCTOHS' MSBTISO - MAI 22, 1946
KTIKATBI) SET W<m - SKSLTISO DBPABntSST
Tooele Laid Plan* Tooele Copper Plant Tooele Sulphide Concentrator Tooele Slag Plant Miami Plant
Deduct: Trasway Expense Ctatuid* Exploration Selling Comlstion Oxide Concentrator
Lees: Depreciation SET I5C0KB
Konth of April 19*6
Konth of lurch 19*6
7*8 6,085
2*.6*2
$ 1.940 5,751
31,*86
16,908 150
30,109 1,800
1*8,253
$67,206
Pour Koi. ended Apr.
30,19*6 $ 21,552
10,795
87,832
103,198 21,610
$158,663
Pour Hot. ended Apr.
30.19*5 $ 50,0*8
156,091
1.360
96,025
83.397 $ 25,357
O
CD e-
$ 117 *25
2,9** ____m $ *.000 $**,233 2t** $20,9*9
$ 120 *26
1,27* - JM $ 2.337 $6*.869 21,727 $*3,1*2
$ *82 1.833 9,616 2.069
$1*,000 $14*,663
1L4-.17 $ 71.2*6
15.012 10,560
$28,457 $53,81* JUJU $124,970
N11103.07
Pf'YC000067/t3
OTEBHATIOtrAi SMELTIHG ATO BSFISIHO COMPACT MBMORAHDOM POB DIRECTOBS' MECTIBG - MAY 22, 194-6
BSTHtATSD SEt HTCOMS - BARITAS COPPER QRtS
Profit on Toll* Profit on Premiums Profit on Gilding Metal Profit on Sale* Electro Sheet Department ms cel lane eras Income
Less * General Expense Selling Expmses Itojring Expenses Strike Expense
Less - Depreciation
Month of April 1946
t- -
-
-
Month of March 1946
* 2.53? 5,780
4,97* 8?
1,635 250
$11,997
$5
82,125* *82,125 ' *82,125
12x211 *50.741 *38,744
*82x121
Pour Mos. ended Apr.
30. 1946
* 94,4?6
Pour Mos. ended Apr
30, 1945
$423,028
55,42? 2,814
20,381
64,493 63,155 45,366
2,868 4.642
6,180 8,421
$180,630 $ 1,000
$598,283 $ 1,000
1,398 -
132.861
3,772 3,441
-
$135,259 * +5,371
50.251 $ 4.880
$ 8,213 $590,070
113.846 $+76.22+
- Inclndes levTork Office Expenses, Group Insurance, Gratuities and Miscellaneous Cash. Expenditures - $11,68?
N11103.08
.1 PNYC00006744
i
IBTEBHATIOBAL SMBLTIBS ABB REFUTIHC COMPAHT KBMCBAHDOM FOR DIRECTORS' HBBTIlfJ - MAT 22, 1946 ESTIMATED HIT IBCOMB - LEAP REPHTIHO. ZIHC OXIDB AJP WHITE LEAD BIPAR'atBBTS
LEAD REPIHIHC DBPABTKBHT Operating Income Depreciation
ZIHC OXIDE IKPABMEHT Salea of Zinc Oxide Slab Zinc
Coet of Sales - Zinc Oxide Slab Zinc
Operating Profit Less: Depreciation
HIP IICQMM
Month of April 19*6
Month of March 1946
$ 7.281
.5,200 $ +.081
8 6,704 2,489
$ 4,215
$150,649 4.184
$182,402 4,184
imr&z
$ 31,753 1,394
$ 33.147
$138,000 4,200
$142,200
$152,440 4,200
$156,640
$ 14,440 1.460
$ 15,900
Pour Mos. ended Apr. 30. 1946
Pour Mas. ended Apr, 30. 1946
$ 18,315 9,337
$ 8,97c
$ 27,193 10,851
$ 16.342
$507,482 99.324
$606.bo&
$562,718
$662,042
$ 55,236 5,806
$ 61,042
$349,223 126,815
$335,601 126,815
$462,416
$ 13,622 7,396
$ 6.226
ZIHC OXIDf Pounds Sold Sales Price Coet of Sales
SLAB znrc
Pounds Sold Sales Price Cost of Sales
WHITS LEAD DtPAHMIT Sal es of Lead Products Cost of Sales
Depreciation
IBP neon
Pounds of Lead Products Sold Sales Price Coat of Sales
2,049,800
7<35* 8.90*
1.893,400 7.29* 8.05*
7,005,550 4,063,710
7.24* .
8.59*
8.03*
8.26*
50,030 8.36* 8.36*
50,042 8.50* 8.50*
1,190,354 8.34* 8.34*
1,488,666 8.52* 8.52*
8113,889 1-14,362
'. =,?
$ 3,098
1,257,990 9.05* 9.09*
$138,673 131.653
$ 7.020 3,389.
$_Ji2i
1,597,650
8.68*
8.24*
$508,986 489.582
$ 19,404 12.959
$ 6,405
5.815,856 8.75* 8.42*
$304,767 316,071
' 7:Sf
$ 15.650
3,396,752 8.97* 9.26*
N11103.09
PMfCCC0C6795
ISTERHATIOHAL SKELTIHO AHD REFIffllfO COltPAgr KBuoamitM fob directors' meethc - mat 22. 19*6
SET CPHRZWT AHD OTHER ASSETS - APRIL 30. 1546
CURREHT ASSETS: Supplie* Metali: In Proem Finiahed:
Copper SilTer Gold Sy-Produc t
,,. He aim for Freight
11,307,54? lb*. o
5.068#
18,442,102 lb*.
9.08?#
2,275,087 o**. O 35.0?#
15,017.741 oz*. $34.32
.. *Beflnlng Chargee
$ 573,056 1,676,154 758,308 515,406 21,152
$3,584,156 755,376
Manufactured Prodoete: lead Product*
Zinc Oxide Mixed Metal*
Haritaa Copper Work* - ElectroSheet Department
$ 58,335
247,045 57.pjp
3.514
Account1 Bee*liable:
Toll* Other*
$ 827,708 - 468,831
Ca*h
CPBRBfT LIABILITIES:
Inter-Company
Anaconda Sale* Company
Tax**
.
Account* Payable
Wage* Payable
SET CUBREST ASSETS
OTHER ASSETS: Adranee* to *undry mining compani**,
including adrance* on ore*, 1*** resent* Installment home end land *ali* and other
account* receiTable, 1*** reaerre
BALAWCE - WWT CUBRCTT AWT) ftffiTO ASSETS
* 144,?83 125,?6?
1.157,5*8
$ 10,017 8,565
$ 555,558 2,623,35?
2,828,780
406,045 1,256,53?
452,885 $8,643,650
$7,118,517
18,586 $7.137.503
N11103.1
PNfC00006 746
1HTESJATI0HA1 SMELT 150 A3TD BEFIITIHO COMPART MBtORAyDUM.POH DIRECTORS' MESTISG - HAY 28. 1946 SALES, DELIVERIES AHD PRODUCTIOfl-ALL PEPtRTMEKmc
Honth of April 19*6
SMELTER PRODUCTION: Copper - Lbs. - Tooele: Custom Toll Miami: Custom Toll
Lead - Lbs. Tooele
115,78a 305,977
263,562 9.37*.636 10.059.959
6,235,576
SCHAP COPPER RECEIVED AT PERTH AMBOT
Custom
*
Fabrication Toll
*
*
REFIHEHT PR0D0CTI0J
Copper - Cross
Less - Toll Scrap
Lead - Lbs. Silver - Oss, Gold - Oss.
SALES:
Copper - Lbs.
. Tooele
Miami
.
Raritan
Lead - Lbs.
DELIVERIES: Copper - Lbs. Tooele Miami Raritan
Lead - Lbs.
ZI5C OXIDE: Production - Lbs. Deliveries - Lbs.
SLAB zinc Production - Lbs. Deliveries - Lbs.
* * V
7,052,375 V V
-" 6,445,712
5,931,342
1,371,000 2,049,800
63,400 50,030
Four Uoa. ended Apr.
30. 19*6
Fom. Mos,, ended Apr,
30, 194-5
Percent Increase decrease
462,658 1.935,854
1,020,664 39,330.565 4i.i49.741
18,932,501
2,959,422 2,786,222
1,232,688 52,252,164 33,230,496
13,381,448
27.8 41.5
317,198 2,263.190 "a'.SM'.SBB
493,7*0 6.211.835
61.5
80,978,358 2,263,190
WTrrtnx
26,245,060 1.072,936 8,591
170,064,344 6,211,835
2*.137,995 3,264,860 29,206
51.9
8.7 67.1 70.6
342,842 104,462
250 **7.334
26,077,827
3,050,000 1,200,000
103,989 *.3531989
22,803,888
89.7 14.4
331,608 4.94.,4.24.
27,732 ... 353.944.
19,925,308
2,959,422 1,232,688
103,989 4.296.033
20,042,678
80.1 .6
6,122,400 7,005,550
4,805,400 4,063,710
27.472.4-
235.600 1,190,354
1,110,200 1,488,666
20.0
Data not available due to strike at Raritan
PNTC00006747
N11103.ll
appropriation . (See file "APPROPRIATIONS")
N11103.12
PNYC0;0O06 743
DEEDS Darrel L. Steven3 and Ruth 3. Stevens George S. Warburton & Marjorie Warburton Ralph J. Nelson and Carol A. Nelson Carver W. Bryan & Agnes'M. Bryan (See file "DEEDS - POLDER NO. 5)
PNYC00006 749
Smelting and Refining Company
roadway, New York 4, N Y
7 29, 1944
Kr. Mm Vtrtartaa, iMUir firtaraatlaaal laaltlxc n4 taflaia* 9*,, Imm SaUtlac* Salt Uha Oltgr 1*. vtah. lar Slrt
k aaaaxr ta your 1attar af Mgr M rich ta )t that at a lyaalal Saatlag af ta Baas* af knaWn tf Zrtaasattaaal kaalttef Ml kf)ati| taxyaay, halt aa Kaqr r. 1. V. kaalltaa aaa apyalata* ImUmI lart far tha tm tha Stata af Bwats ta laplaaa k. 0. V, ayfaiataaat tafathar nth "Oartiflaata tf hf fmi# Sarj irtlax"aat 'Mfla af Saaliaat i|in , lx hayllaata, faraarllag ta jrm tmr farthar aayy af aaah tf thaea fan '
Mara aaay tralgr*
NXH03.13
International Smelting and Refining Company
" "'
Broadway, New York 4, N.Y.
I, . . Httl, Iwrrtiqr 1 Im ORBUXIOUI. IM8UXM ab nram oocrunr, wtgr mruxjr ** tiw MiNfai u * tn
qjr * wihrtii <>% d A tfMiWl Kll) *t Ah* ImH f Btrwtara f ** nmuxiaiAX. nuni
mnunr BU tt m return tf *m BtB, is
i. T.. r, *** <*'
adtt
N11103.14
P^C0000675I
^IIIIWUSHUK
APPOINTMENT - D. W. HAMILTON, RESIDENT AGENT RIO TINTO NEVADA
FILED UNDER "RESIDENT AGENTS"
CONTRACT - INT'L SMELTING i REFINING COMPANY AMERICAN SMELTING 4 REFINING COMPANY
FILED UNDER "CONTRACTS"
N11103.15
p*rCQOoo6752
Hr. Frederiok La1st presented proposed contract* with the American Smelting end Refining Company for the treatment of lead bullion and aale of y-5rodnot material* freet the Perth Aaboy Refinery. After diaeuaiion it m> on motion duly made, seconded and uneninaely adopted]
RBSQLTBDc that the proper Officers be and they hereby are authorised to negotiate oontreot* with the Jaerioan Smelting and Safinlag C<apeay for the treataant of /ead ^allien and for the sale of ^T^roduot material* froa the Perth Amboy Refinery and, upon satisfactory teree approwait by Coauel, to execute tha same.
N1I103.16
ipWc00006753
JOHN V. DWYER
ATTORNEY AT LAW
OQ0-f6 MENN.ESSY BUILDING
S^TTE,MONTANA
fiECEU
JUN . -
L.June 11th, 1946.
C. . MT:
Mr. c. E. Moran, Secretary,
International Smelting and Refining Company,
25 Broadway -- Room 1801,
New York 4, N. Y.
/
1/
Dear Mr. Moran:
.
This is to acknowledge receipt of your letter of June 7th, 1946, in which yon advise that a special meeting of
the Board of Directors of the International Smelting and
Refining Company was held on Wednesday, May 22, 1946, in lieu
of the regular monthly meeting of the Board of Directors for May, and in which letter you listed the names of the newly elected officers of the Company.
JTD-T
Very
'i / >
Nlll 03.17
ly
Internationa, Smelting and Refining Comp,
2 5 B roadw ay, New York 4. N. Y
International Smelting and Refining Company
25 Broadway, New York 4. N.Y
Juna 5,, 1946.
MEMORAKDPM 10 - MR. ff. K. HALTl Jit tha Spaoial Uaating of tha Intarnatioaal Smalt-- .
lug and Raflnlng Company hald on May 22. 1946, a raaolutiat. ama adoptad by tha Board of Dlraetora oanoalllng tha appolatty ant of Clayton W. Kirkftaa aa Saaidant Agant in tha State aS^ Sermda and appointing 0. U. Hmcilton of Rio Tinto, Harada, V/ aa Roaidant Agant of thia Corporation in tha Stata of Ha " ~
0. T . MOR/W
N11103.19
p'"coocc6,56
International Smelting and Refining Company
25 Broadway, New York 4, N.Y
May 23, is>46.
mxuia to - m. *. t. dalti
At tho Organisation Mootlnj of tho Intorn*tion*l
fcalting ud Bofining Conpony Hold an Kay 21, 1946, tho following
yoraons wars alanted to rn ao Officer* for tho ancaing aorporata
juri
'
Pro*Idas* Tloo president Tloo Fiwldast laantuy Tmiurw Asat, Secretary cad
Aaat. Treasurer Aart. Treasurer Aaat, Secretary Aaat. Secretary Comptroller
Cameliua T. lalloy fro*or lot Lais* I. 0. lawn ala* 8. B. Koran J. *. ffoodard
*. h. Orokl A. P. Dayman
J. D. Kurj*ar
T. 1. Stolte
W. K. Poly
OB01 001 . I. tonnody
0. I. KMI
N11103.2
PNrCQOOOfi 75 7
4 Special bee ting of the Board of 0lrectora of the
isr;uf:au .sal - '.-.sr.'so and.
cnfahy
aeld at the office
of the Conpany, No. 25 Broadway, Na York, May 22, 1S4, at 11:45 A.:J.
y. > on A'sdnsaday,
PRESENT:
Messrs.
Cornelius K. ;<lly
W. H. Hoovor Frederic. Deist Hobart S. Dwyer Clyde S. Weed
Jsm* R. Bobbins
. 0. Sowerwlna
(Being all of to* Director#)
The President, dr. Cornallua F. Kelley, acted aa temporary
Chairman of the Meeting, and Sr. C. 2. Moran, secretary tiareof.
The Saoratary ra par tad that tha Annual Meeting of t!ia Stockholders of tha Coapany was bald at Butte, Jon tana, on
day 6, 1948, at 12 o'clock Boon; approved all acta of tha
Offloara and Director a and tha Minutes of tha several Matings
of tha Board of DIreotore of tha Company held since tha last
regular annual Mating of stockholders; and alactad aa Directors
of tha Company for tha ensuing year or until their successors are
chosen and qualified:
Messrs. Cornallua F. Salley Hobart S. Dwyer
' S. 0. Soverwlne Frederick Laiat James R. Bobbins A. B. Hoover Clyde B. Bead
On aotlon duly osds and eeoondad. It waa
RESOLVED, that the Mating proceed to tha election of Officers to aarvw for tha ensuing yaar or until their suooaaaora are alactad and qualified.
Tha following nominations were made:
President
Vloa President
Vice President
Saoratary
Treasurer
Assistant secretary
and
Aaalatant Treasurer
Assistant Treasurer
Aaalatant Scoretery
Assistant Secretary
Coaptrollsr
_
Cornallua ?. Kelley
Frederick Lai at S. 0. Soeerwine C. 2. Moran J. E. Woodard
W. H. Orchl A. K. Dohrwah J. D. Murphy P. K. Stolte W. K. Daly
PNYC00006 758
N11103.21
-A-
Thar* bain,; no othar nonlna tlana, on aotion duly oada and
aaoondad, It was;
RoCCL,VZD, that tiaa Secretary 'o# Instructed to oast on* to*Hot for tha above named Jfflcars.
Ths Ssor*tarJ announced taat .m had cast to* ballot as
Ins true t#J and said Officers wore taareujon dsolnrsd duly slaetad
for tha ensuing year and until their suocossors ar* alaotad and
qualified.
Tha Chairman presented to tna easting statements of Hat
Xnaoaa and Hat Currant Assets, satins tad as of April 40, 1344,
Mch on action duly a*da and saooodad, a*r* approved and ordered
plaoad on fll*.
*
On notion duly aada, aaoondad and unanimously adopted.
It was:
RS3CLV2D, that tha action of ths Officers of tha Company In approving tha following Appropriation ba and tha same hereby la ratlfiad, approrad and eonflraad:
Ho.
Paaorlptlon
Amount
- Raplaalng auparhaatar unit* In tha Ho. 9 and Ho. 10 Vast* Saat Bollara at tha Saaltar of tha Jfiaati Plant
| 10,000.00
Tha Saaratary praaantad Deads praparad In oonnaotion alth
tha aala of eertaln land laoatad In Taoala, Utah.
On notion duly mad*, aaoondad and unanimously adoptad.
It saat
RKHOLTHD, that tha astloa of tha Offloara of this Coapany In axeouting daad da tad April SO, 1944, cot*ring tha aala of Lot Ha. 4* Bleak Ho. 8, Halsey Subdivision,
^ Too#la, Utah, to Darrel L. Stavwna and Ruth B. Stevens, in consideration of tha atm of Two Hundred Fifty Dollars
((840.00), ha and it harsby la In all raspaota ratlfiad, approrad and confirmed.
On aotion duly aada, aaoondad and unanimously adoptad.
It oast
R2S0L7SD, that tha aotion of tbo Offloors of this C capany in executing daod datad April SO, 1944, oovarlng tho aalo of Lot Ho. 4, Blank Ho. 8, Kelsey Subdivision, Too* la, Utah, to Oaorg* S. Warbur too and Jtarjorl* Harburton, In oonsldsratlon of tha aua of Two Hundr*d Fifty Dollars {(840.00), b* and It naraby la In all raapaata ratlfiad, approved and confirmed.
p"YC00006759
5SPBEKasaiJi*SSraB5IIi|5S3!iraTOa3SS|wiipM(m|ik4lt>lra
-4-
l
Gn no tion duly aade, seconded and unanimously adopted.
It mass
RESOLVED, tat the action of the officers of this Coapany In executing daad da tad April SO, 1946, covering the aala of Lot Ho. 5, Block 3o. , Galasy Subdivision, Tooele, Etah, to Ralph J. Salaon and Carol A. ;.'elson,
in oonaldara tion of tha tua of Two Hundred Fifty Doliara ((2SQ.00), be and it naroby la in all respects ratified, approved and confirmed.
On notion duly made, seconded and unanimously adopted,
it was:
REuGLVED, that the motion of tha Officers of thla
Coapany in axeouting deed dated Kay 7, 1946, covering
the aala of Lot So. 2,.Block Ho. 3, Kelsey Subdivision,
Tooele, Utah, to Carver i. Lryan and Agnesa U. Bryan,
In consideration of taa sum of Two Hundred Fifty Dollars
($330.00), be and it hereby la in all reapeets ratified,
approved and confirmed.
<
On notion duly made, seconded and unanlmoualy adopted, it east
RESOLVED, that the appointment of Hr. Clayton V. Klrfcham as Resident Agent for this Company in tha State of Sevada, be and It hereby la cancelled and revokad, and
FCRTHSP RSSCLVSD, ttttt dr. D. w. Hamilton of Rio Tlnto, Seva da, be and ha hereby la appointed Resident Agent of this Corporation in the State of Xevada and the Vice-President and Secretary are hereby authorised to execute certificate of the adoption of this resolution to be filed in the office of the SearstarX- of State and other public offloes of tha
Stats of facade* as required by the lama of Sevada.
Mr. TwAnlit Uiat pwaaaatsi prep seed aantreats with the
haarlaan tmaltiat amd fsflalsg rampsay far tha tmtmat af lead
hnllian amd sal* af by poshest aatariala fram tha Perth hah ay
hefimery. After dlaansalam it mu* me motiam duly made, asended
amd nnselmensly adapted*
JtMOLTKD, that tha prefer Officers ba amd they hereby era authorised ta macetlate aarntruta with tha Amarlsaa hmeltlng amd Mafimiu Cnmmaay far tha traabsaat of lead bulllom amd far tha aala of by frsdsst matariala from tha Perth istn hefimery amd* upem antlafutary terns approved by Cewaael, ta amenta tha earna*
Thera being m farther business before tha hoard* on motion
duly made* seaended and adapted* the nesting adjourned.
(S )
PNV C00006760