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Digital ID
upr000140-115
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I agree.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 Sixth Street, Los Angeles, California, at 11:00 A. M., Tuesday, September 15, 1949. Present: Wm. Reinhardt E. E. Bennett W. T. Price A. C. Ritter Absent: A. E. Stoddard A. M. Polger Vice President Reinhardt called the meeting to order and presided. Minutes of meeting of Board of Directors, held August 3, 1949, were read and approved. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary in executing Agreement C. A. Ho. 10507, dated June 17, 1949, between LVL&WCo., called "Company”, and Reuben Specktor, called "Subdivider", covering the construction of approximately 2530 ft. of 6" cast iron water mains to serve a portion of Charleston Square Tract #2, Las Vegas, Nevada, and providing: 1 - Subdivider shall pay to Company $9,300, estimated cost to construct said water mains; 2 - Company to refund to Subdivider 50$ of monthly revenue received by It from customers in Blocks 3, 4, 5 and 6 and Lots 3 to 7, inclusive, of Block 2, and Lot 7, Block 7, of said Tract, taking water from said mains for period of ten years from date of completion of said installation, or until Subdivider has been repaid actual cost of the line; -1