upr000120 62

RESOLVED, that the action of Vice President T® Eo Hammill in executing C® L® D. 15788, dated July 31, 1967 between Las Vegas Land and Water Company and Pacific Outdoor Advertising Company, a California corporation, covering erection, maintenance and use of two (2) advertising billboards opposite M® P» 17®6, 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 days termination, rental of $3,600®00 per annum payable at the rate of $300®00 per month; Lessee to pay, before the same shall become delinquent, all taxes levied during life of the lease upon any structures placed or now t^pon, the premises by Lessee or to re­imburse the Lessor for sums paid by Lessor for such taxes; Lessee not to sublet or assign without written consent, and shall indemnify and save harmless Land Company; lease dated August 10, 1956, as supplemented, originally between Carson Estate Company and Pacific Outdoor Advertising Company, assigned to Land Company April 14, 1967, shall be deemed terminated as of April 19, 1967; lease with supple­ment is identified in Lessor's records as C®L.D® 15746 and 15746-1; be, and the same is hereby ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President T. E. Hammill in executing lease agreement C® L® D® 15803, dated July 1, 1967 between Las Vegas Land and Water Company and Harry G. Toy, leasing On motion duly seconded, it was -7-