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Show 1 Organization of the Body . Was Perfected. , OFPICEKS AEE ELECTED. Exchange Will Begin Business ai Soon as a Location Oan ba Seourod. organization of the stock ex-lis ex-lis now completed. A meeting ;'new exchange for perfecting the lization was held last night at Col. ; urVay's office, on Second South t' at which about twenty-five or ;;w-erc in attendance. president, N. Treweek, amiewhat tardy when .jon was opened and A. E. Hyde fhuwii temporary chairman. Mr. iveck however, put in an appear-sand'latcr appear-sand'latcr relieved Mr. Hyde. ,e first order of, business was tho Iij. by tho secretary, Wr. G. Van of the articles of incorporation rie exchange, after which Judge ,)(,(,, chairman of the commit- oa organization, stated that ,,gh the committee was supposed uke its recommendations, it was ,red to wait and get an expression rhanges a"(l adoption from tho Ms. Then if. the articles and by-;Mre by-;Mre satisfactory, ho, as chairman prepared to file them in' tho pro-court. pro-court. . lie chairman then staled that tho itjou of changes was open for dis-iou. dis-iou. Hut one alteration in the arti-was arti-was made. They had previously ided that it was not. necessary; for iliicerof the corporation to be a kholiler, but the change now makes .ropulsory for all .officers of tho ex-age ex-age to hold stock. With this udmeiit the articles were approved adopted. idgo Bennett then mudo a motion like up the by-laws and pass them er by sections or solidly. But ho satislied with them as they were upon his suggestion they too, were roved. ibscribers and stockholders who not signed the articles were in I to do so, and also pay the shares for which v had subscribed. After this president announced the names of officers of the association and the id of directors. The oflicers consist :.C. Chambers, president; N. Tre-k, Tre-k, vice-president; J. W. Donnillan, -urer, and F. O. Horn, secretary, directors, as the president stated, as follows: R. C. Chambers, N. week, J. J. Daly, G. M. Scott, es McGregor, A- Hauauer, William K'ock, Jr., William F. Jones, Charles )avis, Simon Bamberger aud E. P. ry. They are also the principal irporators, and at tho request of Treweek the directors met at his 2 in the Scott-Auerbach block 11 . ,. o' clock v "this v'morn-to v'morn-to perfect the preliminaries retting the articles filed in court, iie capital stock of the corporation '10,000, divided into 100 shares of I each. It will be known as the Salt e.Stock Exchange. The membership mited to one hundred and now there seventy-sevennmembers. he president briefly alluded to tho mraging prospects of the exchange said that the soliciting committee not had much work to do in secur-tlie secur-tlie seventy-seven members, "and i the manner in which tho exchauge 'openiugup, its success was almost jred. All that was required was for members to give the exchange a ' attention and be on whenever they could. Tho lortunce of Utah's ' mining nsiiy was already realized and was back-bone of the' territory's re-fees. re-fees. The way to make a success of exchange was for tho members to around and get a hustle on them-whether them-whether they were trading or The exchange, said he, would assist t business pursuits and be the means ilvertising the resources of the ter-iry. ter-iry. I desire to suppliment Mr. Tree's Tre-e's remarks," said Judge Bennett. Mice a few days ago that silver was led at 08 cents and today it is $1.03. n now quite sure that the silver bill ! pass, thus protecting our " and stimulating our '" mining rts and industries. Bring mining lle front, aud through the exchange the liberties we will have abroad " res, you will see within a year 1 the value of our ores will increase "1,000,000 to $20,000,000." "dge Bennett, in referring to tho ar-1 ar-1 of '"corporation, stated that when ward of directors shall have met ' Perfected all arrangements, he ''M tile the articles, and then the ex-,nSe ex-,nSe would be legally organized. |