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X November 17, 1950, between LVL&WCo., called "Company", and Paradise Realty Co., Inc0, called "Subdivider", providing: 1 - Subdivider to pay to Company $8,050, estimated cost of approximately 2250 ft. of 8" and 6" cast iron water main to serve Block 1, Tract 2, Paradise Village, Las Vegas, Nevada; 2 - Company to refund to Subdivider 5C$ of monthly revenue received by it from customers in said Block 1 of said Paradise Village taking water from said water main for period of ten years from date of completion of said installation, or until Subdivider has been repaid the actual cost of said line, exclusive of cost of 320 ft. of fire hydrant laterals; 5 - Company to own said water main; 4 - Subdivider to furnish Company necessary ease­ments where said water main is to be laid in other than dedicated streets and alleys; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Seitz and Asst. Secretary Matthai in executing deed Audit No. 5078, dated November 24, 1950, conveying to Albert Martin and Iva Martin, husband and wife, Lot 20, Block 5, Tract 1867, Yermo, California; consideration $10.00 and other good and valuable consideration; subject to: 1 - General and special taxes for the fiscal year 1950-1951; 2 - An unrecorded easement across the rear of said lot, granted to Southern Sierras Power Company under date of April 1, 1928; 5 - Conditions, restrictions, reservations, easements and encumbrances of record; reserving unto LVL&WCo. all minerals and all mineral rights, including oil and gas and rights thereto, without right of 5-