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upr000139 172

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upr000139-172
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V mineral rights, including oil and gas and rights thereto, with­out right of entry; consideration #10.00 and other good and valuable consideration; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary in executing agreement C.L.D. No. 11007, dated April 15, 1952, with Lomita Gasoline Company, Licensee, grant­ing license for the maintenance and operation of one 8” pipe line, one 6" pipe line, one 10” pipe line, for the purpose of conveying gas, and also one 8” pipe line, for the purpose of conveying gasoline, under and across the property of the Land Company in vicinity of 27th Street and California Avenue, Long Beach, California; said agreement being effective as of August 2, 1951, to continue in effect for period of five years there­after; rental #25.00, payable annually in advance, during the term thereof; subject to revocation by the Land Company upon 60 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 rider C 0L 0D„ 7973-1, dated April 18, 1952, extend­ing to April 30, 1957, term of lease agreement Audit No. 10403, dated May 1, 1947, expiring April 30, 1952, with Shawver Com­pany, covering site for builders' supply yard, located near Hill Street and California Avenue, Long Beach, Calif.; rental $70.00 per annum for the extended term, payable annually in advance; subject to termination by either party upon 30 days’ 5-