upr000144 52

Regular monthly meeting of Board of Directors, 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 11*00 A. M., May 11, 1943. Vice President Strong called to order and presided over the meeting. Minutes of meeting of Board of Directors, held March 9, 1943, were read and approved. On motion duly seconded, it was RESOLVED, that the following amounts are reappropriat­ed for expenditure during year 1943 to complete projects hereto- $31,211.20 for items costing $1000 or more, 'as shown on Carry-Over Statement as of December 31, 1942; 550.00 for items costing less than $1000, as shown on Carry-Over Statement as of December 31, 1942; 3,459.52 for drilling oil well and con- Present: Prank Strong A. V. Kipp Wm. Reinhardt E. E. Bennett Absent• W. M. Jeffers W. R. Bracken for authorized, involving capital expenditures: struction of oil handling facil­ities at Wilmington, California, originally authorized by APE No. 5, April 6, 1937. On motion duly seconded, it was rife