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upr000140 118

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upr000140-118
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    X WHEREAS, said copartnership desires to assign said option agreement Audit No. 10446, covering the 100 ft. Main Street frontage, to A. E. Cahlan; THEREFORE, BE IT RESOLVED, that the action of President in executing consent to assignment, wN nL.D. 2272, dated July 27, 1949, assigning said option agreement Audit No. 10446 from Gar-side and Cahlan, a copartnership, to A. E. Cahlan, who agrees to he hound hy and perform all of the conditions of said option agreement, and further agrees to pay to the Land Company, in ad­dition to the purchase price stipulated in said option agreement, the sum of $957.14, in accordance with the provisions of letter-agreement, dated April 21, 1948, accepted hy said copartnership May 7, 1948; he, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt in executing rider C.L.D. 10214, dated August 3, 1949, extending to September 1, 1950, term of lease agreement Audit No. 10469, dated November 12, 1948, expiring September 1, 1949, with R. W. Elkins, Leo A. Elkins and James Brogdon, copartners doing business as Nevada Outdoor Adv. Co., located at Yermo, Calif.; rental $50 per annum, payable annually in advance; subject to termina­tion by either party upon 30 days’ written notice; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt in executing Agreement ’’N^L.D. 2298, dated August 11, 1949, with Nevada Construction Company, covering the construction and laying -4-