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Regular monthly meeting of 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 6th Street, Los Angeles, California, at 11:00 A. M., Tuesday, February 14, 1956. Present: Abs ent: Wm . Reinhardt E. E. Bennett J. W. Padden W. H. Johnson C. M. Bates A. E. Stoddard Vice President Reinhardt called the meeting to order and presided. Minutes of meeting of Board of Directors held January 10, 1956, were read and approved. Following Authority for Expenditure Requests, approved by the President, were submitted for ratification: W.O. 801, issued December J09 1955» Las Vegas, Nevada, retirement of a tract of land, being portion of the ranch pro­perty situated in NW^, W§ NE^, SE^ NE^, N^ SE^, Section 26, T. 20 S., R. 61 E., M.D.B.&M., and SW| NWi, Nfc SW|, Section 25, T. 20 S., R. 61 E., M.D.B.&M., all being part of Parcel 1-11, containing an area of 297.76 acres, which property was conveyed to the Presiding Bishop of the Church of Jesus Christ of Latter Day Saints, by LVL&W LS Deed Audit No. 5428, dated November 7» 1955. Credit Account - Real Estate and Improvements - Las Vegas, Nevada - $7,634; charge Sale Price - $272,165 and Creditable to