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V work in the area easterly from Turnbull Canyon Road, in City of Industry, California, at an estimated cost of $29,969»00» work to be done to the satisfaction of Chief Engineer or his authorized representative, Contractor to indemnify and save harmless the Land Company against liability for loss, cost, claims and damages because of injury to or death of persons, and damage to or destruction of property; partial payment to be made on basis of estimate of work performed during preceding calendar month, Land Company to retain ten percent (10$) until work is completed and accepted; contract to be effective November 26, 1 9 6 5 , an<^ work to be completed approximately ninety (9 0 ) days thereafter; be, and the same Is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Payne in executing Extension Rider C.L.D. No. 122^0-2, dated February 16, 1966, extending to and including April 19, 1971» Contract Audit No. 10808, dated June 20, 1956, expiring by latest extension on April 19» 1966, between Las Vegas Land and Water Company and Texaco Inc. (formerly The Texas Company), covering license for construction, maintenance and operation of one 6 M dry gas pipe line, one 8" crude trunk line, one 6 " crude trunk line, one natural gasoline line, and one 6 " gathering line, in vicinity of 29th Street and California Avenue, Long Beach, California, rental $1 8 .0 0 per annum, payable annually in advance, said license subject to revocation by Land Company on sixty (60) days written notice, and also to agreement between Los Angeles & Salt Lake Railroad Company and Pan American Petroleum Company, now operat- -4-
