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betv/een LVL&WCo., called ''Company”, and »/. <• Cantrell, called '"'Subdivider”, providing for: 1 - Construction by Company of approximately 1300 ft. of 611 water main to serve Blocks 18 and 24 of Fourteenth Street City Addition, Las Vegas, Nev.; 2 - Subdivider to deposit $3,000 to cover estimated cost of water main, and in event actual cost is more or less than $3,000, Subdivider to pay ex­cess or be refunded difference as case may be; 3 - Subdivider to furnish necessary easement or right of way where said water main crosses over land or premises not dedicated to public streets or alleys; 4 - Subdivider to be refunded cost of main at rate of 50$ of monthly revenue received from customers in said Blocks 18 and 24 taking water from said main during period of ten years from date of completion, or until actual cost is repaid, which­ever event occurs first; 5 - Company to own said water main; be, and the same is hereby, ratified, approved and confirmed. V Following Authority for Expenditure Requests,’ approved by the President, were submitted for ratification: VI.0. $M-5, issued April 10, 1946; Los Angeles, Calif.; install additional toilet facilities in warehouse at Aliso and Myers Streets leased to Western Transportation Co. Total estimated expend­iture, $750, chargeable to O.E. Vi".0. #542, issued Mar. 31, 1946; Los Angeles, Calif.;, retirement of 139,833 sq. ft. of land, being Lots 88 to 95 inclusive, Union Pacific Tract, sold to The Quaker Oats Co., per deed Audit Ho. 4801. Ledger value of Property Retired and not to be Replaced, $27,721 Creditable to Real Estate Sold; Sale Price of Land, $36,707; Creditable to Profit on Sales of Real Estate, $8,986; Estimated cost of removal of property retired chargeable to Profit on Sales of Real Estate, $1,888. -19