man000165 32

FEDERAL Bowes. INC ASSIGNMENT IM LIQUIDATION TO STOCIWOLDEiR m m ALL k e h BY THESE P8BSMKTMs that on the 29th day of January* *®8®» the Board of Directors of Federal Hemes, Inc., a Nevada Corporation, in a legally called special meeting of the said Board, did adopt a resolution authorising the complete liquidation of the said Federal Hones, Inc. and a plan for effecting such complete liquidation; that on the eaid 29th day of January, in a legally called special meeting of the stockholders of the said Federal Homes, Inc., the said stockholders did, by unanimous vote of sll of the outstanding capital stock of the eaid corpora­tion, approve the aforesaid resolution of the Board of Directors; that among the assets of the corporation to be distributed to the stock­holders under the said plan of complete liquidation are certain rights to re­ceive refunds from the Las Vegas Valley Water District, such refunds being con­tingent upon revenues received by the said Las Vegas Valley Water District from service to the properties Improved by Federal Homes, Inc., all under the terms of a contract existing between the Las Vegas Valley Water District and Federal Homes, Inc.; That the aforesaid resolution authorising complete liquidation of Federal Homes, Inc. provides that the right to receive future refunde from the Lae Vegas Valley Water District shall be assigned to the stockholders of Federal Homes, Inc. pro-rata as their stockholdings, as follows: Therefore, pursuant to the authorization of its Beard of Directors, Federal Homes, Inc. does hereby assign and convey to the right to receive five per cent (5%) of any refunds to be paid subsequent to this date by the Las Vegas Valley Water District by reason of its contract with Federal Homes, Inc. it , Jerome D. Mack Murray Wellman Melvin and Corlnne Mesa Harry Mack Hate Mack Louis Maek 3S% 30% 15% 5% 15% LOUIS MACK Dated this day of February, 1959 STATE OP NEVADA) COUNTY GP CLARK) Subscribed and sworn to before me ---------------- m m a