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Regular monthly meeting of Board of Directors, Las Vegas Land and Water Company, was held in the Company’s prin­cipal office in the Union Pacific Building, 422 West 6th Street, Los Angeles, California, at llsOO A. M,, Tuesday, December 9, 1958. Present s Lee S. Osborne J. Wo Padden Wo Ho Johnson To E„ Hammill Edward C. Renwlck Absent s A. E. Stoddard Vice President Osborne called the meeting to order and presided. Minutes of meeting of Board of Directors held November 11, 1958, were read and approved. On motion duly seconded, it was RESOLVED, that the action of Vice President Ashby in executing Agreement C.LoD, No. 5568, Contract Audit No. 10277, dated January 39 1944, effective January 39 1944 for indefinite term, between Las Vegas Land and Water Company and Southern California Edison Company Ltd,, granting Edison Company the right to construct, maintain and operate its conductors, for transmission of electricity ,for power and lighting purposes over and across property of Land Company, between Walnut and Cherry Avenues, Long Beach, County of Los Angeles, State of California; subject to termination by either party upon sixty days® written notice; rental $5<>00 per annum, payable annually in advance; be,