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Special meeting of the Board of Directors of Las Vegas Land and Water Company, in pursuance of Waiver and Consent to such meeting, eigfted by Four Directors, was held ih the Company's principal office in the Ufpipn Pacific Builcii'ng, 422 West Sixth Street, Los J^ngeles, California, at 10:00 A. M. , January 5, 1939. Present: Frank Strong A. A. Ivi urphy E. E. Bennett A. V. Kipp Absent: W. U. Jeffers W. R. Bracken Vice President Strong called to order and presided over meeting. Minutes of last Board of Directors’ meeting, held November 15, 1938, were read and approved. Upon motion duly made and seconded, it was unanimously RESOLVED, that standing authority is hereby granted to Frank Strong, Vice President of this Company, to execute in the name of the Company applications to such surety companies as he shall approve for surety bonds required by any public authority in connection with oil well drilling in the cities of Los Angeles and Long Beach, California, and to execute in the name of the Company, as principal, any such surety bonds. On motion duly made and seconded, it was RESOLVED, that the action of Vice President Strong and Secretary in executing and delivering lease agreement, C. L. D. No. 2266, dated November 1, 1938, between Las Vegas Land and Wafcpr Company, Lessor, and California Walnut Growers Association, Lessee, for term beginning October 26, 1938, and