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Regular monthly meeting of Board of Directors of Las Vegas Land and Water Company was held in the Company’s principal office in the Union Pacific Building, 1+22 West 6th Street, Los Angeles, California, at llsOO A. M., Tuesday, July 10, 1956 Present s Wm. Reinhardt Eo E. Bennett J. Wo Padden W. H. Johnson Co Mo Bates Absent: A, Eo Stoddard Vice President Reinhardt called the meeting to order and presided. Minutes of meeting of Board of Directors held June 12, 1956, were read and approved. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt in executing Rider C.L.D. No. 105l7“6 dated June 6, 1956, ex­tending to August 31, 1957, term of lease agreement Audit loo 10551 dated August 3 1, 1950, expiring by latest Extension Rider August 31, 1956, with Nevada Outdoor Advertising Co., Inc., covering sites for advertising signboards at Yermo, California; rental $>50 per annum, payable annually in advance, subject to termination by either party upon not less than 30 days written notice; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt, in executing Agreement C.L.Do No. 1221+0, dated June 20, 1956, between LVL&WCo. and The Texas Company, for term beginning April -1-