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upr000140 51

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upr000140-051
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    University of Nevada, Las Vegas. Libraries

    V Adjourned regular monthly meeting of the Board of Directors of Las Vegas Land and Water Company was held in the Company's prin­cipal office in the Union Pacific Building, 422 West Sixth Street, Los Angeles, California, at 10*00 A. M., Tuesday, July 18, 1950. Present; Wm. Re inhardt E. E. Bennett W. T. Price A . C . Ritter Absent; A. E. Stoddard A. M. Folger Vice President Reinhardt called the meeting to order and presided. Minutes of meeting of Board of Directors, held June 13, 1950, were read and approved. On motion duly seconded, it was RESOLVED, that the action of President in executing rider C.D. No. 31138-1-B, dated April 29, 1950, extending to April 30, 1951, term of agreement C.A. No. 10446 (dated March 20, 1948, expir­ing April 30, 1950) with P. P. Garside and A. E. Cahlan, a co­partnership, granting option to purchase, at sale price of $9,276.50, approximately 35,106 sq. ft. of land, together with 100 ft. spur track thereon, on North Main Street, Las Vegas, Nevada, (assigned July 27, 1949, by said copartnership to A. E. Cahlan, an individual, who further agreed to pay to the Land Company the sum of $937.14 in accordance with the provisions of letter agreement dated April 21, 1948); said extension rider providing that A. E. Cahlan shall pay to LVL&WCo, semi-annually an amount equal to all general and -1-