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<br />BASIC MAGNESIUM PLANT <br /> <br />A. J. Shaver, Chtef Engineer <br />Colorado River Commission of Nevada <br /> <br />Mr. Shaver invited the group to visit the Basic Magnesium Plant <br />at Henderson, Nevada, as guests of the Colorado River Commission. Prior <br />to the tour he related the history of theiproject ,from its construction <br />during World War II, by the Defense PlantiCorporation, to produce metallic <br />magnesium, to its present status under th~ jurisdiction of the Colorado <br />River Commission of Colorado. A condense~ version of Mr. Shaver's remarks <br />follows. <br /> <br />Afte,r the manufacture of magnesi\lJ1l was discontinued in 1944 the <br />federal government attempted to lease portions of the facilities to various <br />industries, but the revenue derived from the small number of lessees proved <br />totally inadequate to maintain the establishment, so it was decided to liq- <br />uidate the project. Since the relativelyicheap power from Hoover Dam was <br />attractive to industry, and since Nevada,[tnrough the Colorado River Com- <br />mission had access to a large block of th~t power, it appeared that the <br />only means of saving the project for industrial use was for the Commission <br />to acquire the facilities and to dispose of them later to private interests <br />as opportunities developed. <br /> <br />A Quit Claim Deed dated June 3, 1949, transferred to the State of <br />Nevada the entire project comprising about 4,000 acres of land, numerous <br />buildings for manufacture and storage, a~inistrative and service buildings, <br />houses, school and hospital facilities, P9wer and water facilities, railroad <br />and ,other miscellaneous structures. <br /> <br />At present all facilities have b$en either sold Or leased with <br />options to purchase. The major occupants[of the project are engaged in <br />the manufacture of chemical and metallic wroducts, including chlorine, <br />caustic soda, hydrogen, benzene, hexachlo~ide and insecticides, as well <br />as titanium and ferromanganese. ' <br /> <br />* if if if * * *>* if if if <br /> <br />BUSINESS SESSION <br /> <br />, <br />, <br />President Godbe called the busin~ss session to order, at 3 P .M., <br />December 7. He extended thanks to the Program Committee, Messrs. Buehler, <br />Matthew, Anderson and Shaver, and to reti~ing officers A. J. Shaver, Evan <br />T. Hewes and Raymond Matthew. <br /> <br />Mr. Hewes presented the financial statement as of December 1,1951 <br />as follows: <br /> <br />-38- <br />