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V Regular monthly meeting of the Board of Directors of Las Vegas Land and Water Company was held In the Company* s prin­cipal office in the Union Pacific Building, 1+22 West Sixth St., Los Angeles, California, at 11:00 A.M., Tuesday, Oct. 12, 1951+. Present: Wm. Reinhardt E. E. Bennett J. W. Padden W. H. Johnson Absent: A. E. Stoddard A. C. Ritter Vice President Reinhardt called the meeting to order and presided. Minutes of meeting of Board of Directors, held Sept. ll+, 1951+, were read and approved. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt in executing Rider C.L.D. No. 8908-5, dated August 31, 1951+, extending to October 31, 1958, term of lease agreement Audit No. 10l+8l, dated December 1, 191+8, expiring October 31, 1951+, cover­ing automobile parking site, located at Signal Hill, California, with J. M. Robertson, J„ B„ Kitt and L. L. Bendinger, dba Signal Pipe Line Construction Company; rental $120 per annum, payable semi-annually in advance; subject to termination by either party upon thirty days* written notice; said lease having been assign­ed April 25, 191+9, by Signal Pipe Line Construction Company to Signal Pipe Line Corp., and further assigned on December 31, 191+9, by Signal Pipe Line Corp. to Macco Corporation; be, and the same is hereby, ratified, approved and confirmed. -1