upr000093 26

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ItiC It is agreed that the ledger value of the materials and supplies charged to said Account 115—Materials and Sup­plies asr.of September 1, 1952* was $29*902.90, and that the ledger value of the automotive equipment and shop dquipment1^ charged to said Account 327—General Equip­ment as of September 1* 1952, was $8,379.5^. (i) All of the right* title and interest of the Water Company* or any successor in ownership* in and to that certain permit granted by the Board of Commission­ers of the City of Las Vegas* Nevada* whereby the Water Company was granted permission for a term of fifty (50) years from February 21, 1930* to install* lay down and maintain water pipe lines* water mains and all necessary and proper appliances used in connection therewith or ap­purtenant thereto in* through* under or across* under or along all of the streets* alleys* avenues and highways of the City of Las Vegas* County of Clark, State of Ne­vada* including Clark's Las Vegas Townsite, the origin­al townsite of Las Vegas* and all additions* tracts and subdivisions existing as a part of said City on February 21* 1930* and all additions, tracts and subdivisions which thereafter may have or may be added to said City of Las Vegas or thereafter laid out or subdivided for the purpose of supplying the inhabitants of the City of Las Vegas with water. Said permit provides that the Wa­ter Company shall not be entitled to assign the permit or 9.