upr000011 32

Sew Tor 1c, January 19, 1911, A meeting ©f the Executive Committee of the San Pedro, I*os Angeles & Salt Lake Bailroad Company was held at the office of the Coiojanj, 1EO Broadway, Sew York City, on Thursday, January 19, 1911, at 1 o’clock, P, M, Present: Beers. W,A, Clark, B. S. Bovett and fte. BBSCTIOM OP H| APDITIOKAX, IQIfSlS AT BAS TEC AS. The Chairman submitted a letter, dated December 3, 1010, addressed to him by Messrs, W, H, Bancroft and J, Eos® Clark, the Special Committee, recommending the construction of 20 additional houses at has Vegas, at an ajgproxismie coat of $53,000, such house® / to he rented to employes of the Company at that place; Whereupon, on motion duly mad® sand seconded, it was fS&BG&VBD, feat the receimaendation of fee Special Committee he and fee same is approved, SADI OP mi BAUCH HEAR IAS VISAS. The President submitted a letter, dated December 1, 1910, addressed to him by Messrs* W. H, Bancroft and J, Boss Clark, the Special Committee, recommending the sale of the Kyle Ranch, near Las Vegas, for $6,500, #5,000 cash, end the balance la yearly instal­ments of $1,000, 6j£ Interest to he charged on deferred payments; It appearing that the Oos^aay does not need the ranch. On motion, duly made and seconded, it was KESOLVBD, feat fee recommendation of the Special Com­mittee he and the earns i« approved.