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Regular monthly meeting of the 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 Sixth Street, Los Angeles, California, at 11:00 A. M., Tuesday, April 11, 1950. Present: Wm . Reinhardt E. E. Bennett W. T. Price A. C. Ritter Absent: A. E. Stoddard A. M. Folger Vice President Reinhardt called the meeting to order and presided. Minutes of meeting of Board of Directors, held March 14, 1950, were read and approved. On motion duly seconded, it was RESOLVED, that the action of Vice President Reinhardt and Secretary on behalf of this Company in executing Agreement nNnL.D. 2259, dated January 26, 1950, between LVL&WCo., called "Company", and Mastercraft Homes, Inc., called "Subdivider", prov iding: 1 - Subdivider to pay Company $2,010, estimated cost of approximately 500 ft. of 6" cast iron water main to serve portions of Blocks 1 and 2, Charleston Square Tract No. 4, Las Vegas, Nev.; 2 - Company to refund to Subdivider 50$ of monthly revenue received by it from customers in Lots 8, 9, 10, 11 and 12 of Block 1 and Lots 1 to 5, incl. in Block 2, taking water from said water main, for period of ten years from date of
