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upr000120 248

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upr000120-248
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    This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

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    Digitized materials: physical originals can be viewed in Special Collections and Archives reading room

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    University of Nevada, Las Vegas. Libraries

    \ Western Auto Supply Company, a Delaware corporation, to lease with option to purchase, for a term of ten years, a parcel of land described therein, located in City of Industry, California, together with building, spur track, and other improvements to be constructed by Las Vegas Land and Water Compahy> term of lease to begin when building, spur track and other improvements have been completed and Land Company notifies Western Auto in writing of such fact| annual rental to be computed on five per cent (5%) of $308,186o00, which sum is established as land value, five per cent (57o) upon actual cost for construction of track, estimated at $7,000o00, and seven and one half per cent (7%%) upon the actual cost for construction of building and other improvements, as provided in agreement, estimated at $l,499,000o00; actual costs, however, shall govern; said annual rent shall be payable in equal monthly installments in advance, estimated to be $10,682o03, arrived at as follows: l o Monthly rent for land 000 000 ®00 $ 1-,284o i l 20 Monthly estimated rent for spur track 0«0 29«17 30 Monthly estimated rental for building and other improvements «0» .0 e 0 0o 9fl368e75 $10,682o03 The actual monthly rent shall be based on the estab~ lished land value and actual cost of spur track, building and other improvements, as specified in agreement, 6-