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f - i . - : '— —-. —— — ------- ” — ---- ____________________j_____ ______ __ ^_____i__ ~fzJL.. jO- > BUILDERS INVESTMENT CORPORATION 1657 North D. Street, Las Vegas, Nevada May 10, 1958 Las Vegas Water District, Las Vegas, Nevada Gentlemens " / v 'A o - J r * / , f f l m (?<dx^c\ tic c ~ r R - i o i D This Corporation is party to an agreement dated November 25, 1953 tri-th Las Vegas Land and Water Company, whom you have succeeded, whereby 35$ of revenue from users within Cadillac Aims Tract, Las Vegas, Nevada, of water from your company, is to be paid to us for a period of 10 years from November 25, 1953 or until the agreed upon sum of $L6,213*00 has been repaid. This is to notify you that 36 of Builders Investment Corporation’s 52 duplexes in Cadillac Arms Tract No. 1, Las Vegas, Nevada, have been sold to Milton Crane and Julius L. Nyrin and that this is your authority to at once commence sending them 69,23% of the usual quarterly payment. We hereby transfer, assign and set over to Milton Crane and Julius L. Nyrin: 69.23$ of our entire right, title and interest in any sums still unpaid, or to be payable under the terms of the aforesaid agreement of November 25, 1953. Please continue; to send our payments, which will henceforth be in the amounts of 30.77$ of any sums due under the aforesaid agreement, to our office at 1657 North D. Street, Las Vegas, Nevada* Checks made payable to Milton Crane and Julius L. Nyrin may be mailed to them at the same address* Very truly yours, BUILDERS INVESTMENT CORPORATION Cole Madsen, President / Secretary i t M /» c. 0>? //a >7 mtH iSBiK