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eluding the 488 shares received in consideration of the sale of said lands, "belongs to and is held by the mil road company. To comply with the provisions of said mortgage of July 1, 1903, and in order to secure the release of said lands from said mortgage as requested the San Pedro, Los Angeles & Salt Lake Railroad Company herewith delivers to you as trustee of said mortgage the proceeds of said sale, to-wit: 488 shares of the capital stock of the Las Vegas Land & Water Company, said shares of capital stock being evidenced by the certificate of said Las Vegas Land & Water Company Ho. 7, for 48® shares, in the names of W.A.Clark and EH.Harriman, Trustees, and duly endorsed in blank on the back thereof by said trustees, the same to be held and disposed of by you under the provisions of said mortgage, especially Article 6th thereof. For further assurance, and to protect the interests of the rail­road company in said townsite company the said railroad company also deposits with you as trustee under said mortgage, certificates for 12 shares of the capital stock of the Las Vegas Land & Water Company which certificates are as follows: Certificate Wo. 1, in name of J. Ross Clark, for 2 share It 2 ft W.H.Bancroft ft 2 ft W 3 99 W.H, Comstock 99 2 ft || 4 "T. 1 Gibbon tt 2 If | 5 tt H. I:Bettis ft 2 ft | 6 it C.O .Whittemore !» 2 ft All of said certificates are duly endorsed in blank for transfer; an it is agreed by the railroad company that said 12 shares of stock shall be held by you in like manner and subject to the same provi­sions as to disposition thereof as the said 488 shares of said stock referred to; provided, however, that said 12 shares of capital stock