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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 27 28 29 30 31 32 "N" L.D. 2502 MN M L.D. 2427 ”N" L.D. 2502-2 "N” L.D. 2427-2 ASSIGNMENT Recitals Under dates of January 29, 1951, and September 18, 1951, LAS VEGAS LAND AN D WATER COMPANY, therein called "COMPANY", entered into a certain Agreement with FEDERAL DEVELOPMENT CO., a Nevada corporation, therein called ”SUBDIVIDER” , which agreement!? are identified as being LAS VEGAS LAND AND WATER COMPANY ”N« LD 2427 and ”N ” LD 2502, together with two supplemental agreements thereto, the first of which was dated March 19, 1952, and desig­na t e d as “Supplemental Agreement, t'N* L.D.2427-2” and the second of which was dated Ma r c h 19, 1952, and designated as “Supplemental Agreement, tN* L.D. 2502-2", wherein the company agreed that on certain conditions, including the execution of those agreements and the receipt of certain bills of sale and necessary easements for water mains, to pay to the subdivider at monthly intervals, 5 0 $ of the monthly revenue received by it from consumers located in Westleigh Tracts No. 1 and No. 2, taking service from the water mains installed pursuant to said agreements for a period of ten (10 ) years from date of said installations or until the sub­divider has been paid the agreed upon sums; and WHEREAS, the subdivider, FEDERAL DEVELOPMENT COMPANY, did assign said contracts to P. 0. SILVAGNI on or about the 14th day of August, 1952, and WHEREAS, the said P. 0. SILVAGNI desires to assign to G. WILLIAM COULTHARD, an individual residing in the City of Las Vegas, County of Clark, State of Nevada, an undivided ONE HALF (l/2) interest in and to said contracts and an undivided ONE HALF (l/2) interest in and to all monies to be paid from and after the date hereof by the company to the said P. 0. r\« G . W ILLIAM COULTH ARD ATTOR NEY AT LAW LAS V E G A S, NEVADA - 1 - /?- /7*f •