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N RESOLVED, that the action of Vice President T. Ec Hammill in executing lease agreement C. L0 D. 15786, dated July 17, 1967 between Las Vegas Land and Water Company and Foster and Kleiser, Division of Metromedia, Inc., a Delaware corporation, covering erection, maintenance and use of two (2) advertising billboards opposite Mile Post 17.9, Long Beach Cut-Off, Los Angeles County, California, for a term beginning April 19, 1967 and extending to and including April 18, 1968, subject to thirty day termination, at rental of $147o50 per month, payable monthly in advance, and the conversion of the existing SF Poster Panel to a Bulletin shall increase the rent to $205.00 per month; Lessee to pay, before the same shall become delinquent, all taxes levied during life of lease upon any buildings and improvements, or to reimburse Lessor for sums paid by Lessor for such taxes; Lessee not to sublet or assign without written consent, and shall indemnify and save ham-less Land Company; that lease dated February 29, 1956, as supple­mented, originally between Carson Estate Company and Foster and Kleiser, assigned to Land Company April 14, 1967, shall be deemed terminated as of April 19, 1967, lease with supplements being identified in Lessor1s records as C. L. D. 15745, 15745-1, 15745-2, and 15745-3, be, and the same is hereby ratified, approved and confirmed. On motion duly seconded, it was 5