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jyspecial district levies, payment for which is included therein and collected therewith; excepting and reserving to Land Company any and all coal, oil and other mineral rights; consideration $10,00 and other good and valuable considerations; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Ashby and Assistant Secretary Matthai in executing agreement Audit No. 10280, dated July 21, 1944, granting Harvey Machine Co., Inc. the right: 1 - Within 30 days after the Land Company shall give notice of its desire to sell, to purchase a parcel of land (containing an area of 5.081 acres), which parcel was excepted from Lot 1, Tract 7207, Los Angeles County, California, sold to said Harvey Machine Co., Inc. and conveyed under Deed Audit No. 4680; subject to current taxes and coal and oil and other mineral reservation, if said option to pur­chase is exercised; purchase price $3,000 per acre; 2 - Prom time to time, until its option tt> pur­chase the excepted parcel shall have expired, to lease said excepted parcel at an annual rental of $120 per acre, plus taxes and assess­ments, provided said excepted parcel ife not, (a) in use by the Land Company, or under lease or license to others, for the extrac­tion of oil, gas or other minerals; or (b) under lease to others for any other pur­pose made after notice to Harvey Machine Co., Inc.; be, and the same is hereby, ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of Vice President Ashby and Assistant Secretary Rigdon in executing on behalf- of this Com­pany Deed, fi'.D. No. 28796, dated July 31, 1944, conveying to 4-