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fu st m ffm m m & i, mmmmm* ®ade m i _ _ _ d « of * 19%*, fef im w a a * m E F T H e x u m l W O ^ W m lessee* m o s pacific railroad cm m m , m m mmmmmms? $M f m m u m Am m tm COMPANY, a mvm& ©orporatim (hereinafter eo ileetlv eiy sailed * n m Parties1*) , amt W l i # i i valley m tm DIS­TRICT* a puhits eorpor&tion treated i i $ existin g pursuant to the provisions of Chapter 167 o f the 1 ^ 7 Statutes o f Kevada as aneaded Hr Chapter 13© o f the i f # Statutes o f llevada and as wended by Chapter $Of of %m 1951 Statutes of Moved** S«oe»d Party (hereinafter soneti«e* ealled *D istrl© t6)* Rgemj*. An agreeeent ess heretofore entered into Hy and m%mm too First Parties and the Distriot under data of June i* 1953* said agreement in general providing, for the sale to the Dlstrlot of oerhain real property* water right* and water production* storage and transmission feeliltiee located in 'lit# City of La# Vegas* ievede* On September SO, 1933, a special Pond eleefcion a&a held in said Distriet at whioh l b eieetor# authorised the issuance of fS*7O0*OQO of Honda of said District for the purpose of carrying out » M agreement of don* l* i f f 3* and for other purposes of the Patriot# The M iin e l is at present diligently taking tHo neoesssry stops to soli said sonds at the earliest pyaotissHie tin* to provide the foods neeese&ry for carrying out said agreement of Jons l t 1953* lostioa l* of said agiwwwaesii of Juno 1, i§S3» among other things* provides that i f the Distrtet shall have faiiod to soli said Hondo’ Hr December |i* 1953* than at any tins aftor December Si* 1933# said agreement m:f Ho terminated either fey tho First Parties or Hy th« District* aftor having given tho other party thoroto not ioso than ninety (90) calendar days* net!*# of intention to terminate Neither of tho parties horsto has to tho present date given notioo of termination of said agreeesnt* Tho District and the First forties are of tho opinion that it is to the interest of Hath of said parties that said Hands He ouecessfuliy said at tho earliest oppor* t«snlty« For that purpose it is neeessary that prospeotive Hand purohasers He assured that said agreement of Juno 1* 1933# is not subject to termination Hy either party thereto Hoforo tho award and sale of said Hands*