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FIRST NATIONAL BANK OF NEVADA LAS VEGAS BRANCH Trust Department LAS VEGAS, NEVADA May 22, 1954 MLra.w DE.e pa1.r tmBeenntnett U4n22i onNe sPta ciSfiixct h RSatirlereotad Company Los Angeles 14, California Rei Your File 80-11 Dear Mr. Bennett * NMra,t ioHnaarlr yB aMnakn eonft eN, evVaidcae, Pr1e15s idSeonutt ha Tnhdi Mradn aSgtreere to,f Ltahse VFeigrasst, Nreevgaadrad ihnags thhea npdreodp ouss edf ore scrreoplwy fyooru rth el estatleer ooff Mtahey f20a,c il1i9t54i,e s of the Las Vegas Land and Water Company to the District. APgleenats.e bWee ahdavvies edr ewvei ewweodu ldth eb e Esmocarto w haIpnpsyt rutcot iaocnts asc aErsecfruolwl y athned paerer tionfe ntth e pooipnitnsi oanr et hecyo vaerree d iann de xctehel leinnts trourdcetri,o nsa llt o of the Escrow Agent are clear. Weeq uaslholuyl db etlwikeee n tot heq uDoties trai cfte e anodf t$hle, 4Sge5l.l0e0r st.o beO udri vbiasdiesd is l/20th of 1% of the approximate amount of $2,830,000.00 which will be received by us in Escrow, HIan maiclctoornd aanncde Mrw.i thM cyNoaumre er, eqAutetsotr,n ewye fhoarv et hea dDviissterdi cbto thth aMrt. wbea siwsi llf obre feweisl.ling to act and have outlined to them our Wteh e nootf©f icteh ato f a Mrc.o pyC amofp betlhle Soarl eMrs. AgMrcNeaemmeeen.t is available in wIefr ,t hpelree asaer e dao nnyo ta ddhietsiitoantael ptooi nwtrsi tey ouo rw ocuallld. like us to ans­Very truly yours, C D Brown CDB:aer TC.r usB.t BOrfofwinc er