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Digital Provenance
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Publisher
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Transcription
IAS VEGAS LAMP AMP WATER COMPANY RESOLUTION Ai rey- Hoyni er 7X7 On notion duly seconded, It was RESOLVED, that the action of Vice President Payne In executing C* L. D. 15564, agreement entered into September 14, 1966 between Helene M. Alrey and Andre Hoynler, each as to an undivided one half interest, "Sellers*, and Las Vegas Land and Water Company, "Purchaser", granting option to purchase land described in Exhibit "A" attached to agreement, option to commence on September 6, 1966 and continue for a forty-five (45) day period, or until Purchaser shall have given written notice to Seller of Its desire to release the option; as consideration for granting option. Purchaser shall pay to Seller the sum of $5,000*00 purchase price for said land shall be the sum which is obtained by multiplying the total number of acres contained in said land, by $20,000.00 per acre; total acreage to be computed by licensed engineer; Purchaser shall have the right to exercise option at any time during tha tens, by delivering to Seller the written notice of its intention to do so, and by depositing in escrow the amount of the purchase price less the $5,000.00 referred to above; Seller to deliver deed conveying land to Purchaser, subject to matters provided therein; be, and the same is hereby ratified, approved and confirmed. Adopted w
