- 10 - According to a document entitled “Contract and Declaration of Creation of Pure Trust Organization” (the Mercury Solar PTO formation document), Mercury Solar PTO was created on July 15, 1994, as a “Pure Trust Organization” domiciled in “the Sovereign State of Nevada”. The document identifies the “Creator” of the trust as “S. Siegert”, who is not otherwise identified in the record. The document recites that in exchange for “twenty-five dollars of silver, Certificates comprising a total of one hundred units, and other full and adequate consideration”, the “Exchanger or Exchangers” will convey to the Creator certain property listed in schedules A and B attached to the document. Schedule A to the Mercury Solar PTO formation document recites that A. Jane Howat (who, under one name or another, was Sparkman’s spouse at or about this time), ostensibly as trustee of HEH, conveyed to the Creator of Mercury Solar PTO, in exchange for “Certificates of Evidence of Right of Distribution, comprising a total of one hundred units” (in addition to “twenty-five dollars of silver” and other “good and valuable consideration”) “real property”, described as follows: THE BUSINESS IN its entire CApacity. TRUCKS, TOOLS, outSTANDiNG CONTRActS, ReceiVABles, DeBts AND TRADe NAME AS MERCURY SOLAR UBO. Schedule B to the Mercury Solar PTO formation document recites that A. Jane Howat conveyed to the Creator of Mercury Solar PTO, in exchange for “Certificates of Evidence of Right ofPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011