Goldfield Belmont Meeting July 8, 1912

MINUTES OF THE REGULAR MONTHLY MEETINGOF BOARD OF DIRECTORS OF *GOLDFIELD BELMONT EXTENSION MINING COMPANY*The regular monthly meeting of the Board of Directors of the Goldfield Belmont Extension Mining Company was held at the office of the Company in the M & M Building, Goldfield, Nevada, at 10:00 o'clock A.M. on the eighth day of July, 1912, these being present the following directors, F. M. Chambers, E. A. Byler, I. J. Woodworth, J. R. Woodbridge and R. F. Brown, being all of the members of the Board.The meeting was called to order by the President and the Secretary read the minutes of the previous meeting which were, upon motion duly made, seconded and carried approved.The Secretary then reported to the meeting that the offer made to the stockholders of the Goldfield Midnight-Pawnee-Mining Company of exchanging their shares for those of this company upon the payment of one cent per share had been closed by the Trustee according to agreement upon the 30th day of June 1912;that there was now shares of stock remaining in the Treasury, which included 495,000 shares originally donated and shares which had been donated by Mr. R. F. Brown.Upon motion duly made, seconded and carried the donation of shares to this Company's treasury by Mr. Brown was accepted and the Secretary authorized and directed to so advise Mr. Brown and extend to him the thanks of the Board.The President then stated that negotiations were being conducted toward the financing of the Corporation which would prove of great benefit to its stockholders and enable the Company to carry on developement work on its property to determine its value, but pending a time when these could be got into concrete form to present to the Board and stockholders he suggested that