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> 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, 4-22 West 6th Street, Los Angeles, California, at 11:00 A. M., Tuesday, October 9 , 1962. Present : W. H. Johnson J . W. Padden Edward C. Kenwick T* E. Hammill Absent: A. E. Stoddard A. C. Bitter Vice President Johnson called the meeting to order and presided. Minutes of meeting of Board of Directors held August 2 1, 1962, were read and approved. Following Authority for Expenditure Bequests, approved by the President, were submitted for ratification: A.F.E. No. 2 , W.O. No. 7, issued August 7 , 1962, purchasing approximately 72.7 acres of land located between Turnbull Canyon Boad and Hacienda Boulevard, south of and abutting the Bailroad right of way, front­ing on Gale Avenue, City of Industry, California, re­quired for development of future Industrial area. Total estimated expenditure, $94-5,000.00; Estimated Cost of additional property chargeable to Land and Public Im­provements, City of Industry, Calif., $94-5,000.00. A.F.E. No. 1, W.O. 82?5-l, issued September 25, 1962, City of Industry, California, constructing sanitary sewer collecting system. Constructing 92,000 sq. ft. of 6" asphalt concrete paving on 5W sub-base including curb-iftg, guttering and catch basins, making deposit with Vallecito Water Company for construction of 2720 ft. of 10" and 3850 ft. of 8" water lines including 16 fire hydrants and making deposit with Southern Counties Gas Co. for construction of 4-010 ft. of 3“ gas lines in the Handorf Banch property Industrial District; also con- - 1