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% 3 - An easement for highway purposes across the northerly 20 feet of said lot as granted to the State of California; 4 - An.unrecorded easement for a power transmission line across the rear of said lot granted to Southern Sierras Power Company; excepting and reserving unto LVL&WCo. all minerals and all mineral rights, including oil and gas and rights thereto, without right of entry; consideration $10.00 and other good and valuable eon-sideration; be, and the same is hereby, ratified, approved and confirmed. Following Authority for Expenditure Requests, approved by the President, were submitted for ratification: Cancellation Work Order No. 553, issued Nov. 17, 1948, (A.F.E. No. 9, assented to July 9, 1946, W. 0. No. 553); Las Vegas, Nevada; construct 950 lin. ft. of 6" water main to serve Block 1, Tract 4, Boulder Dam Homesites Addition. Total estimated expenditure, $2390, chargeable to Investment in Water System- Las Vegas. W. 0. No. 610, issued Oct. 30, 1948; Anaheim, Calif.; retirement of parts of Lots 4 and 5, Block D, Heimann and Sorensen's Addition, Building Lots, sold to Orange County Valencia Association, per deed Audit No. 4976. Credit Unimproved Real Estate - California, $681; Sale price, $2,130; Creditable to Profit on Sales of Real Estate, $1,449; Estimated cost of removal of property retired chargeable to Profit on Sales of Real Estate, $46. W. 0. No. 611, issued Nov. 1, 1948; Yermo, Calif.; retirement of Lots 15 and 16, Block 5, Tract 1867, sold to Leon F. Roberts and Waneta A. Roberts, as per Deed Audit No. LS 4983. Credit Unimproved Real Estate-Calif., $3; Sale price, $300; Creditable to Profit on Sales of Real Estate, $297; Estimated cost of Removal of Property Retired Chargeable to Profit on Sales of Real Estate, $1. 5 1