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% reserving unto Land Company all water and water rights ap­purtenant to the lands conveyed, and an easement over said parcel for operation over said spur track; Purchaser, in con­sideration for said option, agreeing to pay all taxes and all assessments not chargeable to capital account, assignable to the option parcel; be, and the same is hereby, ratified, ap­proved and confirmed. Following Authority for Expenditure Requests, ap­proved by the President, were submitted for ratification: A. F. E. No. 18 (W. 0. #684), issued October 9, 1951; Las Vegas, Nev.; capitalizing as donation 840 ft. of existing 6” steel pipe water main in Edgewood Ave. from Rancho Road and constructing 350 ft. of 6m cast iron pipe water main extension in Edgewood Ave. to connect to 6” water main in Park Circle, Westwood Park Tract. Total estimated expenditure, $2,640, chargeable to Investment in Water System-Las Vegas, Nev. A. F. E. No. 19 (W. 0. #685), issued October 9, 1951; Las Vegas, Nevada; constructing 1160 ft. of 6 ” and 560 ft. of 8” cast iron water mains to serve south half of Block 4, north half of Block 5 and northerly portion of Block 6 of Southridge Tract Addition and installing 10 ft. of 6” cast iron fire hydrant connection. Total estimated expenditure, $6450, chargeable to Investment in Water System-Las Vegas, Nevada. Whereupon, on motion duly seconded, it was RESOLVED, that the action of President in approving the aforementioned A. F. E. Requests, be, and the same is hereby, ratified, approved and confirmed. -4