Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1898-12-31
4 nir ~ HISTORY.
Organissiion ~ the ES.hsnge. with twcn.
y.nse thsrt,r Members.

II was In the month Of December.
1876, that movement was lnauEurhtcd
looking to the organization % a stock
exchange Ia this city, a few OF N" Lead
lus spirits therein having met together.
discussed thc matter hnd formulated
the following announcement.
Hcaiizlng the splendid list ~ dividend
paying god ana silver properties ip-
catel ln the territory ~ Titan. aui In
the territory adjoining and contiguous
thereto IN the Rocky Mountain district.
aud moro especially In she immediate
vicinity 81 Salt Lake Guy. and.
ConAlcrinE the widespread public IN
tcrUat now prevailing throughout the
civilized world In connection with gold
ana silver mining. a Aumutr VI pshn-
lnont citizens VI this city. after dell crate
discussion and consideration " the
subject. determined o. make the at
tempt 10 organize and establish a stock
ana mining exchange. having FOR rs
object the nNlng OF values ana Great
ms legitimate market FOR mining ami
other securities. owned ana controlled
In the orcsa salt Lake Valley.
The result - the conference. was the
Appointment ~ "a committee 70 solicit
members. The names We're Obtained In
a single day without opposition. OF
doubling comment. all being ~ the
opinion that the necessity existed. the
time was ripe and thui the exchange
should be established and H"t In moo
lion without unnecessary delay
Following IN a copy OF the original
HubFrrlptinn document and the names
of the first tweusy-nvo charter mefn-
We the subscribers hereto. agree o.
associate ~ Ives together, ~ char
ter members ~ a corporation, 10 be
known as the salt Lake stock and Min
ing Exchange O. be- started with TWEEN.
oh Ia
rcrlher hereto agrees t. pay twenty
five dollars cash. upon call ~ the person
appointed by ~" suhrcrihrfH hereto TO
collect the SAINT
dated At Salt Lake city. Utah. he.
ccmber i0th, 1895.
CHATTER MEMBERS.
James N, Bacon. Frank Knox, John
J. Daly. Moylnn e, f1N. J., \. II.
Franklin. John bern, Y. II Airs, H. e.
Chambers, a. ~. Robinson. Joseph ~,
silver. Jas. W. Nclli. q. - Holmes, y.
\. Grant. Frank Harris, W. V. Rice
"a. ~. Ryan. J. :. May. &. T.. stan
ton. ". VI. bradley. Gcurge Dorsey, Eds
ward j. Carter. G. n. Jacobs, John W,
punncilin, W. scott crismon, %. j.
Salisbury.
Following this several meetings were
held and Il constitution ana bylaws
adnptei, aud ID was not long until the
exchange was Hooded with applications
FOR membership. nmong those applying
being quito q number % representative
mining men. The first call Tor trading
occurred Saturday. December -. 1893,
al 20 west second South street, next
door east OF the cullen hotel
For some ilme the exchange contln-
ued under difficulties ana moved about
from place 10 place almost without any
visible means ~ support Commercial
street was the scene NJ business Tor
some time. and then a move was made
10 the basement ~ the A.lna block.
where the calls were conducted Tor
something like a year This place being
unentlsfart0ry In many respects, the
brokers decided g. put on little more
style and In Angus last the exchange
removed a. lta present location. rear ~
~ west Second South street since
changing quarters business has been
abnormally good rs viii be seen by
reference 10 the years report given be-
low.