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reservations, easements and encumbrances of record; (c) Easement for railroad purposes granted Los Angeles & Salt Lake Railroad Company, recorded in Book D-.7 2 7 , page Official Records of Los Angeles County, California; (d) Easement for flood control purposes granted Los Angeles County Flood Control District, recorded in Book 18176, page 173» Official Records of Los Angeles County, California; (e) Exception of all minerals and mineral rights, without right of entry, as excepted by E. C, Woodward and Citizens National Trust & Savings Bank of Los Angeles, as Trustees under the Will of August V. Handorf, Deceased, in Deed recorded February 20, 1957, in Book 53698, page 126, Official Records of the County of Los Angeles, California; Purchaser in consideration for said option agreeing to pay all taxes and all assessments not chargeable to capital account, assignable to option parcel; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of President Stoddard and Assistant Secretary Bachman, in executing LVL&W LS Deed Audit No. 5912, dated November 2 9 , 1 9 6 2 , whereby Las Vegas Land and Water Company conveyed to Concal Company (nominee of The Richardson Company of California) portion of Blocks 23 and 36 of Tract No. 13^3, and vacated portion of Lomitas Avenue, City of Industry, County of Los Angeles, State of California, consideration $1 0 .0 0 and other good and valuable consideration; RESERVING unto Grantor, an easemsnt for construction, operation, maintenance, repair, renewal and use of sanitary pipe lines and incidental structures along and across portion of parcel; and said property is conveyed, subject tos 3