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of a Pure Trust Organization to be named: MERCURY
SOLAR.
HEH minutes dated May 21, 1996, recite that Lee Allan Hansen
appointed Cynthia Kay McNeff and Sparkman as trustees and that
Mandy Wildman was removed as trustee.9 HEH minutes dated May 18,
1998, recite that Cynthia Kay McNeff was removed as a trustee of
HEH and Sparkman was “assigned complete control regarding the
current IRS issue. James Scott Sparkman is to act as sole
Trustee/Fiduciary in dealing with the Internal Revenue Service.”
HEH minutes dated May 30, 1999, indicate that Lee Allan Hansen
resigned as trustee, leaving Sparkman as sole trustee of HEH.
HEH minutes dated December 20, 2001, state that Sparkman appointed
Shon Gregory as an additional trustee of HEH.10
Purported Creation of Mercury Solar PTO
As previously noted, in 1994 HEH purported to transfer the
Mercury Solar business to Mercury Solar PTO. The formation
documents for Mercury Solar PTO are in key respects identical to
those for HEH (except for different verbiage reflecting the
characterization of HEH as an “unincorporated business
organization” and of Mercury Solar PTO as a “pure trust
organization”.)
9 Cynthia McNeff is identified in the record only as “an
attorney”.
10 The record does not further identify Shon Gregory.
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Last modified: May 25, 2011