The purchase contract for the Las Vegas Land and Water Company allows for the contract to be annulled if its bonds are not sold by December 31, 1953. This contract rescinds that deadline, allowing as much time as needed for the sale of the bonds. Agreement that all parties will ignore the provision that any party can terminate the agreement if the bonds do not sell by May 1, 1954.
David "Davie" Berman (1903-1957) was one of the pioneers of the casino business in Las Vegas, Nevada. Berman was born January 16, 1903 in Odessa, Ukraine and grew up in Ashley, North Dakota. He was named Donald at birth but later changed his name to David. By age 16 he ran the biggest bootlegging operation in Iowa, and was also involved with organized crime in New York City and Minneapolis.