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all mineral and all mineral rights lying below a plane 200 feet below the surface of said lands, including oil and gas and rights thereto, together with sole and perpetual right to explore for, remove and dispose of said minerals but without right of entry above a plane 200 feet below the surface of said land; consideration $10o00 and other good and valuable consideration; be, and the same is hereby ratified, approved and confirmed* On motion duly seconded, it was RESOLVED, that the action of President and Assist-ant Secretary Bachman in executing agreement WNWL 0D 0 No. 2498=1, dated March 6, 1955, and to be attached to agreement Audit No* 10598, dated September 15, 1951, between Las Vegas Land and Water Company, called wLand Companyw and William Jo Norton, called purchaserw, granting Purchaser extension of one year to and including September 15, 1955, of option to purchase a parcel of land, containing an area of 125,562 sq0 fto, together with that portion of existing spur track, 187 ft* in length, located thereon, situated on North Main Street, Las Vegas, Nevada, and that all of the terms and con­ditions of the above named original agreement shall remain in full force and effect during extended term, subject to termination in same manner as provided for termination prior to expiration of original term except that; (a) Purchaser shall exercise option by delivering to Land Company; lo Notice of intention so to do; -3-